European Business Wallet
INITIATIVE See full glossary → Legislative Initiative See full glossary → Single Market Deepening & Harmonisation See full glossary →
It will provide a legally recognised digital identity for economic operators, enabling companies to share verified data and credentials across borders and receive notifications in a secure channel. Built on BRIS and the European Unique Identifier, and aligned with the EU Digital Identity Wallet rollout and the Once-Only Technical System, it replaces document-heavy compliance with interoperable, data-based exchanges. The Wallet is a cornerstone of the Single Market simplification agenda and the EU Startup & Scaleup Strategy, lowering costs for SMEs, easing licensing and reporting, and making cross-border operations seamless, turning digital-by-default rules into practice across the EU business lifecycle.