Latvia has approved a temporary 12% VAT rate on essential foods like milk, bread, poultry, and eggs—excluding ultra-sterilized milk—effective July 1, 2026, to June 30, 2027, pending parliamentary approval to ease rising food costs. Latvia’s government has approved a reduced value-added tax (VAT) rate of 12% on essential food products. The measure, announced earlier this week, will apply to i... Read more

Latvia’s State Revenue Service has reminded businesses that using unregistered or non-compliant cash registers can lead to heavy penalties, including fines of up to €20,000, confiscation of devices, and suspension of operations. Violations cover issues such as unauthorized software, missing Z-reports, failure to issue proper fiscal receipts, and improper data handling. From general perspective, fi... Read more

What is the mandatory requirement for cash registers in Latvia to ensure compliance with fiscal regulations before they can be used? Let's find out! Read more

Latvia’s fiscalization system, introduced in 2014 and made mandatory in 2017, ensures secure and transparent recording of taxes and payments under the Law on Taxes and Duties and the VAT Act. Key rules include Cabinet Regulation No. 95 on technical requirements for fiscal devices and Cabinet Regulation No. 96 on their use, covering registration, data transmission, and compliance procedures. Fiscal... Read more

The purpose of this document is to explain the registration process of cash registers in Latvia, all in accordance with the cash register regulations in Latvia. Read more

Latvia has a hardware-based fiscalization system that has been mandatory since 2017, requiring businesses to use certified fiscal devices such as cash registers. All transactions must be recorded on an electronic or paper control tape and generate a receipt, with both the hardware and software needing to undergo a specific certification process. As one of the three Baltic states, Latvia is a fisca... Read more