Latvian VAT invoice requirements

Latvian VAT rules on the format and information to be provided on invoices broadly conform to the obligations of the EU VAT Directive and its VAT invoice requirements.

Date of issuance and storage of Latvian invoices

Latvian VAT invoices must be issued by the fifteenth day of the month following the taxable supply of goods or services. Invoices must be stored for five years.  Latvia, like all EU member states, now permits the use of electronic invoices under certain conditions. Invoices must be stored in their original form i.e. electronic invoices in electronic form and paper invoices in paper form.

Latvia invoice requirements

Invoices must contain at least the following basic information:

  • Date of issuance
  • A unique, sequential number
  • VAT number of the supplier
  • Full address of the supplier and customer
  • Full description of the goods or services provided
  • Details of quantities of goods, if applicable
  • A date of the supply if different from the invoice date
  • The net, taxable value of the supply
  • The VAT rate applied, and the amount of VAT
  • Details to support zero VAT – export, reverse charge or intra-community supply
  • Reference to the VAT law or the directive if the 0%VAT, reverse charge or other special regime applies
  • The total, gross value of the invoice

Need help with your Latvian VAT compliance?

Researching Latvian VAT legislation is the first step to understanding your VAT compliance needs. Avalara has a range of solutions that can help your business depending on where and how you trade. 

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