Allied For Startups' Remarks on the European Business Wallet Proposal

On 19 November, the European Commission published its proposal for European Business Wallets – a new digital tool designed to make interactions between companies and public administrations simpler and more consistent across the EU.

For many founders, scaling across borders still means navigating 27 different portals, formats, signatures and validation steps. The idea behind the Business Wallet is straightforward: create a trusted, interoperable way for companies to identify themselves, sign documents and exchange official information with authorities anywhere in the Single Market.

This won’t solve the deeper structural barriers that make Europe complex, but it can reduce some of the procedural friction that slows down growth. It is also one of the first concrete deliverables of the EU Startup and Scale-up Strategy, where the Commission committed to make the Business Wallet the cornerstone of doing business simply and digitally in the Union, giving every economic operator a recognised digital identity and a trusted way to share verified data and credentials across borders.

This broader context matters for the upcoming 28th Regime, where fully digital procedures will be essential. When companies incorporate under that regime in the future, the Business Wallet should make it easier to manage filings, mandates and cross-border interactions from day one. Until then, it can already help streamline some of the interactions companies face when navigating different national systems.

As always, the real impact will depend on implementation. If Member States integrate the Wallet consistently and avoid creating parallel systems, it can become a useful simplification tool for companies of all sizes. If not, it risks becoming another interface layered on top of existing processes.

At Allied For Startups, we welcome this proposal as a practical step toward a more usable Single Market – while staying focused on the bigger reforms Europe still needs to truly unlock scaling. We look forward to contributing to the discussions as the proposal moves forward.