Fiscal subject related
From general perspective, fiscalization rules in Latvia are predefined in the terms of mandatory cash register requirements. The State Revenue Service of Latvia (SRS) has issued a reminder to businesses about the consequences of using unregistered or non-compliant cash registers. Entrepreneurs who fail to follow the rules may face serious penalties.
Penalties Include:
· A fine of up to €700, but if design or program of cash register has been changed, a fine between €1,400-20,000
· Confiscation of the cash register
· Temporary suspension of business operations
Penalties can be imposed for:
· Use of unregistered or unauthorized devices
· Failure to issue proper fiscal receipts, including refunds and cancellations
· Operating in training/test mode in production
· Data deletion or non-retention
· Failure to perform daily backups (for hybrid and system cash registers)
· Failure to generate or store Z-reports
Use of software or updates that are not fully replaced or certified.
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Already subscriber? LoginE-invoicing in Latvia starting January 2026
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Author: Nikolina Basić
Latvia is phasing in mandatory e-invoicing and real-time reporting, starting with B2G e-invoices already required and expanding to government-related e-reporting in 2026. By 2028, all B2B invoices between Latvian-registered businesses must be electronic and transmitted to the State Revenue Service for near real-time oversight Latvia is moving forward with its plan to digitize invoicing and reporti... Read more
Latvia introduces a VAT change from July 2026
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