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DRAFT 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-PA-786718

Committee on Legal Affairs · Rapporteur: Axel Voss

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✦ In short · AI summary of this text, generated 25 Sept 2026

Written by a language model from the full text only; every figure comes from the text. The paragraph links open the paragraph a statement rests on — check the text itself before relying on it.

The Committee on Legal Affairs proposes amendments to the Commission's proposal for a regulation establishing European Business Wallets. It widens the wallets to business-to-business use, requires data storage on Union infrastructure, and sets deadlines for technical standards and for public sector bodies to accept wallets. It requires Member States to give companies and other legal entities a European Unique Identifier automatically, free of charge and without extra procedures, and to allow identifiers for subsidiaries, branches and different economic roles. It shortens the deadlines for public sector bodies to accept wallets to 18 months and the transition period to 24 months, and asks the Commission to adopt implementing acts within six months of entry into force. It adds safeguards for micro, small and medium-sized undertakings, aligns the rules with the eIDAS framework and the Digital Product Passport, and requires the Commission to report on uptake and costs three years after entry into force.

Committee position. The Committee on Legal Affairs proposes 48 amendments to the Commission's proposal, widening the wallets to business-to-business use, requiring Union-based data storage, adding safeguards for smaller businesses, aligning the rules with eIDAS and the Digital Product Passport, and shortening the deadlines for technical standards and for public sector bodies to accept wallets.

Key points

  1. The Committee on Legal Affairs submits amendments to the proposal for a regulation on European Business Wallets to the Committee on Industry, Research and Energy as committee responsible.
  2. The wallets should serve interactions among economic operators as well as between economic operators and public sector bodies, and simplify business-to-business interactions.
  3. The wallets should use existing EU digital infrastructures, including the Once Only Technical System, the Business Registers Interconnection System and the European Digital Identity Wallet, supported by the European Digital Identity Cooperation Group.
  4. Public sector bodies keep flexibility on how to accept wallets, but must respect proportionality and avoid disproportionate technical or administrative burdens, especially on micro-undertakings and small and medium-sized undertakings.
  5. All entities conducting economic activities, regardless of size, sector or legal form, should be able to use wallets, and should be able to become wallet owners through ownership, license, subscription or other agreement.
  6. The wallets should support the newly proposed EU Inc. and its digital-first strategy, including digital incorporation, registration, representation, governance and cross-border operation of companies.
  7. Union entities are included among public sector bodies covered; they may acquire, develop or act as providers of wallets, with the Commission supervising wallets they provide.
  8. Storage and processing of wallet data must take place on infrastructure located within the Union and subject to Union law, so competent authorities can exercise effective oversight.
  9. Identification and authentication should rely on electronic attestations issued by trusted entities, and wallets should support Digital Product Passport data through common or compatible interfaces and standardised protocols.
  10. Wallets should support regulatory compliance and administrative procedures, including public procurement, tax and VAT-related procedures, electronic declarations and reporting obligations, in line with the once-only principle.
  11. Member States must 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 procedures; natural persons acting in a business capacity are excluded.
  12. Public sector bodies must enable the use of wallets within 18 months of entry into force, with a transition period of 24 months during which alternative solutions complying with qualified electronic registered delivery service requirements may be used.

Who is affected

  • Economic operators, including companies, self-employed persons and sole traders, who may use wallets and must receive a European Unique Identifier.
  • Micro-undertakings and small and medium-sized undertakings, which should not face disproportionate burdens or additional reporting obligations.
  • Public sector bodies, which must accept wallets within 18 months and may use alternative solutions during a 24-month transition.
  • Providers of European Business Wallets, which must be established in the Union, store data on Union infrastructure and meet notification and supervision rules.
  • Union entities, which may acquire, develop or act as providers of wallets and are subject to Commission supervision when doing so.

Figures and deadlines

  • 18 months after entry into force: deadline for public sector bodies to enable use of wallets.
  • 24 months after entry into force: end of the transition period during which public sector bodies may use alternative solutions.
  • Six months after entry into force: deadline for the Commission to adopt implementing acts on core functionalities, technical features, identification data and the European Digital Directory.
  • Six months after entry into force: deadline for Member States to attribute a European Unique Identifier.
  • 3 years after entry into force: deadline for the Commission's report on the application of the Regulation.