If your company is VAT-registered, the invoice must show the VAT rate and amount separately. This form does it automatically — enter the lines and 21% VAT is calculated for you.
What makes a VAT invoice
- VAT numbers of both parties (LV + 11 digits);
- net prices, VAT rate and VAT amount in a separate column;
- total including VAT;
- a legal reference when a reduced rate or exemption applies.
The standard Latvian rate is 21%. For construction services between two VAT payers the reverse charge often applies — then the recipient accounts for the tax.