The Latvian government introduced legislation that requires all central government contracting authorities and entities must be able to receive and process electronic invoices in accordance with the European Standard on e-invoicing. Public contracting authorities can receive e-invoices through a central platform eAddress and citizens and entrepreneurs can use latvija.lv to prepare and submit e-invoices. Here’s what the regulations entail:
Send and Receive E-Invoices in Latvia
Receiving and processing e-invoicing is mandatory for all central, regional, and local government authorities.
The Latvian government announced plans to start requiring e-invoicing for both B2B and B2G transactions from 2025.
Invoice Formats
In Latvia, the standard formats include UBL 2.1 and CII.
Electronic Reporting
Latvia requires electronic submission of a National Recapitulative Statement with detailed VAT transactional data (monthly or quarterly). This data must be submitted in PDF format through the Electronic Declaration System. This obligation applies to all taxable persons registered for VAT in Latvia, including non-residents.
Invoice Archiving
The archiving period amounts to 5 years for goods and services, and 10 years for real-estate related invoices.
Send and Receive E-Invoices With Klippa
Ensure compliance with e-invoicing standards and gain instant access to sending and receiving e-invoices through the Peppol network with Klippa’s API or no-code platform.
Easy E-Invoicing Integration via API
Integrate e-invoices with your current ERP, CRM, or financial software, ensuring smooth synchronization of data between different systems.
Convert PDFs into formats required by Latvian regulations, such as UBL or XML
Utilize our API or platform documentation for seamless integration
Get your Peppol ID with Klippa and seamlessly exchange electronic invoices with your partners in Latvia and across the world through the Peppol network.
Automate invoice processing to minimize manual labor by processing invoices in bulk
Send and receive invoices globally with our multi-language coverage
Are you working with a legacy system? We can help!
Seamlessly integrate Klippa’s API to send and receive e-invoices through networks like Peppol. Regardless of how old your current software is, we’re here to assist you every step of the way!
Optimize your financial workflows with Klippa’s cloud e-invoicing, offering an easy way to connect to EDI networks and comply with Latvian e-invoicing regulations.
Fast time to market
Connect our plug-and-play e-invoicing API and enable the exchange of electronic invoices in just a few hours.
Retain customers
Retain your customers and attract new ones by adding e-invoicing capabilities to your solutions.
100% digital workflow
Achieve a fully digital invoice processing workflow by leveraging PDF conversion to EDI file formats.
Reduce costs
Automate your invoice processing to minimize errors, increase efficiency, and lower costs by 60%.
Key Features of Our E-Invoicing Solutions
PDF conversion to UBL or XML
With Klippa, you can automatically convert your PDF invoices formats required by the Latvian government, including UBL and more.
Multi language coverage
Klippa’s e-invoicing solutions can process invoices efficiently in all languages using the Latin alphabet.
Data specific validation
While PDF invoices are being converted to structured data, our API can verify the accuracy with fraud detection automation.
Digital Archiving
With our e-invoicing solution, you automatically save invoices up to 10-20 years as required by the Latvian laws.
Seamless API integrations
Seamlessly integrate with your existing ERP, CRM and other financial systems to easily add e-invoicing capabilities to your solutions.
100% secure and compliant
Our solutions meet 100% of regulatory requirements, ensuring compliance with international standards like ISO & PEPPOL.
Move past traditional invoicing limitations with our global e-invoicing approach
Process and issue invoices at scale while maintaining compliance with each country’s specific regulations, freeing you from the constraints of traditional systems with Klippa.
Scale your AP and AR processes seamlessly with e-invoicing
Switch to e-invoicing and cut costs by up to 60% while reducing your carbon footprint by nearly 67%. Streamline your processes with easy sending and receiving of e-invoices to create a paperless future for businesses across the Globe.
We Take Your Data Privacy & Security Seriously
“It is extremely pleasant to work together with a party that is as ambitious as we are. The willingness and speed with which Klippa implemented specific modifications for us is impressive.”
Leon Backbier
IT Manager, Banijay Benelux
Go digital with Klippa’s e-invoicing solutions!
Let our experts show you how Klippa’s E-invoicing solutions can help you complying with Latvia regulations.
Frequently Asked Questions
How does e-invoicing work?
How does e-invoicing work?
Klippa’s e-invoicing API helps you convert invoice data into a standardized format which you can easily share with customers, vendors, or tax authorities.
You can integrate these systems into your existing financial software to automate the entire invoicing process.
Can I access the Peppol network with Klippa’s e-invoicing solution?
Can I access the Peppol network with Klippa’s e-invoicing solutions?
Yes, you can access the Peppol network using Klippa’s e-invoicing solutions. Klippa provides a fully compliant Peppol access point which allows businesses to send and receive invoices across the Peppol network efficiently.
Can I comply with Latvia e-invoicing regulations using Klippa’s solution?
Can I comply with Latvia e-invoicing regulations using Klippa’s solution?
Yes! Klippa offers you a complete solution to fully comply with all e-invoicing regulations in Latvia like invoice formats and archiving periods.
Can I process invoices from multiple languages?
Can I process invoices from multiple languages?
Klippa’s solutions provide support for all languages using the Latin alphabet, enabling global coverage for companies. This ensures that businesses can effectively use our solutions regardless of the language they operate in.
Does Klippa store processed data in its servers?
Does Klippa store processed data in its servers?
The answer is no. Klippa’s solutions adhere to data privacy regulations such as GDPR as we don’t store the data that has been processed with our solutions.
Is e-invoicing with Klippa secure?
Is e-invoicing with Klippa secure?
Yes, Klippa’s e-invoicing solutions use advanced security protocols to ensure data integrity and confidentiality. This includes encryption, access contral and compliance with international data protection regulations such as GDPR and CCPA.
Which data formats can Klippa convert PDF invoices into?
Which data formats can Klippa convert PDF invoices into?
Klippa’s e-invoicing solutions are designed to convert PDF invoices into several data formats that are essential for compatibility with e-invoicing networks, ensuring broad interoperability and compliance with international standards. The key formats include:
UBL (Universal Business Language): Specifically designed for the global exchange of business documents in a standard format.
XML (eXtensible Markup Language): Essential for its flexibility and capability to encapsulate complex data structures, making it ideal for e-invoicing where detailed transaction information is necessary.
Can e-invoicing solutions from Klippa integrate with other business systems?
Can e-invoicing solutions from Klippa integrate with other business systems?
Absolutely, Klippa’s e-invoicing solutions are designed to integrate seamlessly with various ERP, CRM, and accounting systems via API connection. This integration capability allows for automatic invoice PDF conversion to UBL or XML enabling a seamless data processing workflow.