Brussels, 19th. November 2025

The European Commission published its Proposal for a Regulation on the establishment of European Business Wallets on November 19, 2025 for a new EU-wide digital identity and credential system for companies. With the European Business Wallet EUBW, companies would be able to share verified documents, delegate authorised representatives and carry out legally recognised digital signatures seamlessly across borders. Presented under the eIDAS 2.0 framework, the proposal would require public administrations to accept the wallet within two years, while businesses could choose to use it voluntarily.

Key Features

• EU-wide digital identity for companies: allowing them to authenticate and access public services across all Member States
• Verified business documents: stores licences, certificates, registration data, authorisations, and etc. and lets companies share them digitally with full legal effect
• Qualified digital signatures and seals: making cross-border filings, public procurement procedures and contractual actions legally recognised
• Digital delegation tools: companies can assign representatives or agents with mandates that function uniformly throughout the EU
• Automatic verification of credentials by authorities: reducing duplicate submissions, manual checks and administrative delays

Main Takeaways

For cross-border practitioners, the EUBW could materially change how companies interact with regulators, courts, and counterparties in other Member States. The proposed delegation tools may streamline corporate representation, while unified digital signatures and document verification promise greater legal certainty in multi-jurisdictional matters.

Politically, the measure fits within a broader effort, an agile Digital Rulebook (the Digital Omnibus Package)to strengthen the EU’s digital independence and reduce reliance on third-country identification systems. Legal professionals should, however, expect transitional divergence between Member States and consider risks related to liability, data protection, and governance of private-sector credential issuers.