EBW
The European Business Wallet is a wallet whose holder is a legal person. Everything else follows from that one difference.
What changes when the holder is a company
| Person | Company | |
|---|---|---|
| Identity comes from | An identity document | A business register |
| The wallet is | An app on a phone | A system, used by many people |
| Acts through | Themselves | Employees who must be authorized |
| Also receives | — | Legally effective notifications from authorities |
Representation
A company cannot consent to anything by itself. Someone has to act for it, and the wallet has to know who may do what — sign a tender, accept a delivery, present a licence. Powers of representation therefore become part of the infrastructure rather than a matter of internal policy: they are themselves credentials, issued by whoever is authoritative for them.
Credentials a company holds
Registration extracts, VAT registrations, permits, licences, certifications, and mandates naming who may act. Each is a signed statement the company presents itself, verifiable without contacting the register that issued it.
The regulation is still moving through the legislative process and the technical specifications are being developed in parallel. Expect the details to change.