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OPINION (COM(2025)0838 – C100305/2025 – 2025/0358(COD))

On the proposal for a regulation of the European Parliament and of the Council on the establishment of European Business Wallets

JURI-AD-786718

Committee on Legal Affairs · Rapporteur: Axel Voss

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The Committee on Legal Affairs proposes amendments to the proposed regulation establishing European Business Wallets, a digital tool for economic operators to identify, authenticate, sign, submit documents and exchange notifications with public sector bodies and in business-to-business settings. The amendments add rules on proportionality and support for smaller businesses, inclusive and multilingual design, Union-located data storage, and open source standards. They require Member States to attribute a European Unique Identifier to companies, other legal entities and public sector bodies, and set deadlines for public sector bodies to accept European Business Wallets. They shorten the transition period for the secure communication channel and require the Commission to adopt implementing acts within six months of entry into force.

Committee position. The Committee on Legal Affairs proposes amendments to the proposed regulation, adding rules on proportionality, support for smaller businesses, inclusive design, Union-located data storage, open source standards, European Unique Identifiers, and shorter deadlines for public sector bodies and implementing acts.

Key points

  1. The Committee on Legal Affairs submits amendments to the Committee on Industry, Research and Energy on the proposed regulation establishing European Business Wallets.
  2. The amendments add that the regulation should reduce economic disparities, avoid additional administrative and financial burdens, and take into account existing systems and solutions.
  3. European Business Wallets should also serve business-to-business interactions and support requesting or sharing electronic attestations, communication logs and interaction records in machine-readable format.
  4. Public sector bodies may keep existing secure solutions if interoperable, and the regulation should respect proportionality and reduce burdens for micro, small and medium-sized undertakings.
  5. Deployment should account for differences in digital infrastructure across Member States and regions, be inclusive, accessible, multilingual, and eligible for Union funding support.
  6. All entities conducting economic activities, regardless of size, sector or legal form, should be able to become European Business Wallet owners through ownership, license, subscription or other agreement.
  7. Self-employed persons and sole traders should be able to use European Digital Identity Wallets to access European Business Wallet trust services, including the secure communication channel, at reasonable and affordable prices.
  8. European Business Wallets should support the newly proposed EU Inc. regime, enabling fully digital procedures, digital incorporation, registration, representation, governance and cross-border operation of companies.
  9. Union entities are included among public sector bodies covered by the regulation, may acquire, develop or act as providers of European Business Wallets, and the Commission shall supervise their provision.
  10. Storage and processing of data associated with European Business Wallets should take place on infrastructure located within the Union and subject to Union law.
  11. Member States should attribute a European Unique Identifier to all companies, other legal entities and public sector bodies within six months of entry into force, automatically, free of charge and without additional burdens.
  12. Public sector bodies should enable use of European Business Wallets within 18 months of entry into force, with support for smaller bodies, and the transition period for the secure communication channel is shortened to 24 months.

Who is affected

  • Economic operators, including companies, self-employed persons and sole traders, who may use European Business Wallets for identification, documents and notifications.
  • Public sector bodies, which must accept European Business Wallets within 18 months and may receive support if smaller.
  • Providers of European Business Wallets, which must be established in the Union and store data on Union-located infrastructure.
  • Member States, which must attribute European Unique Identifiers and support smaller public sector bodies and smaller businesses.
  • Union entities, which are covered as public sector bodies and may act as providers under Commission supervision.

Figures and deadlines

  • 18 months after entry into force: deadline for public sector bodies to enable use of European Business Wallets.
  • 24 months after entry into force: end of transition period for the secure communication channel.
  • Six months after entry into force: deadline for Commission implementing acts on core functionalities, technical features, identification data and unique identifiers.
  • Six months after entry into force: deadline for Member States to attribute European Unique Identifiers.
  • 15 calendar days: maximum deadline for response to supervisory body request for additional information.
  • 30 calendar days: period after which notification is considered complete if supervisory body does not respond.
  • 12 months after entry into force: deadline for Member States to notify rules on penalties.
  • 3 years after entry into force: deadline for Commission review report.