Business Digital Wallet to be launched on January 26, simplifying companies’ administrative processes
The Business Digital Wallet will be officially launched on January 26, marking an important step in the modernization and digital transformation of Public Administration in Portugal. The announcement was made by the Minister for the Presidency and Administrative Reform, Gonçalo Matias, during a parliamentary hearing.
Business Digital Wallet to be launched on January 26, simplifying companies’ administrative processes
The Business Digital Wallet will be officially launched on January 26, marking an important step in the modernization and digital transformation of Public Administration in Portugal. The announcement was made by the Minister for the Presidency and Administrative Reform, Gonçalo Matias, during a parliamentary hearing.
In its initial phase, the Business Digital Wallet will include four essential documents for business activity:
- Company card
- Central Register of Beneficial Ownership (RCBE)
- Certificate of no outstanding debt to Social Security
- Certificate of no outstanding debt to the Tax Authority
According to the minister, the platform will be gradually expanded to incorporate additional documents that are relevant to companies’ day-to-day operations.
A tool aligned with market and compliance requirements
Gonçalo Matias explained that the expansion of the documents available in the Business Digital Wallet will follow a pragmatic approach, aligned with the compliance requirements imposed on companies, particularly by financial institutions.
“Today, banks require a very large number of documents from companies. It therefore makes sense to look at these requirements as a benchmark and make that documentation available in a centralized digital wallet,” the minister stated.
The ultimate goal is to allow business owners to manage their entire corporate life from a single digital access point, significantly reducing bureaucracy and administrative burden.
A pioneering “Business Wallet” in the European Union
The Business Digital Wallet will be similar to the personal digital wallet ID.Gov, already used by Portuguese citizens to access official documents and public services.
According to the Government, Portugal will be the first country in the European Union to provide a digital wallet specifically designed for companies, reinforcing its commitment to digital transition, administrative simplification, and business competitiveness.
Expected impact on companies
This initiative is expected to deliver clear benefits for companies and entrepreneurs, including:
- Faster access to official documentation
- Reduced administrative and compliance costs
- Simplified processes with banks, public authorities, and business partners
- Enhanced transparency and legal compliance
The Business Digital Wallet thus emerges as a strategic tool to support economic activity, improve the relationship between companies and the State, and foster a more agile and efficient business ecosystem.
Andreia Arenga
27.01.2026
All rights reserved. This article is protected by copyright and may not be reproduced, distributed, transmitted or used, in whole or in part, without the prior written permission of Equações Exaustivas Lda. All trademarks, company names, logos and products mentioned are the property of their respective owners.
In its initial phase, the Business Digital Wallet will include four essential documents for business activity:
- Company card
- Central Register of Beneficial Ownership (RCBE)
- Certificate of no outstanding debt to Social Security
- Certificate of no outstanding debt to the Tax Authority
According to the minister, the platform will be gradually expanded to incorporate additional documents that are relevant to companies’ day-to-day operations.
A tool aligned with market and compliance requirements
Gonçalo Matias explained that the expansion of the documents available in the Business Digital Wallet will follow a pragmatic approach, aligned with the compliance requirements imposed on companies, particularly by financial institutions.
“Today, banks require a very large number of documents from companies. It therefore makes sense to look at these requirements as a benchmark and make that documentation available in a centralized digital wallet,” the minister stated.
The ultimate goal is to allow business owners to manage their entire corporate life from a single digital access point, significantly reducing bureaucracy and administrative burden.
A pioneering “Business Wallet” in the European Union
The Business Digital Wallet will be similar to the personal digital wallet ID.Gov, already used by Portuguese citizens to access official documents and public services.
According to the Government, Portugal will be the first country in the European Union to provide a digital wallet specifically designed for companies, reinforcing its commitment to digital transition, administrative simplification, and business competitiveness.
Expected impact on companies
This initiative is expected to deliver clear benefits for companies and entrepreneurs, including:
- Faster access to official documentation
- Reduced administrative and compliance costs
- Simplified processes with banks, public authorities, and business partners
- Enhanced transparency and legal compliance
The Business Digital Wallet thus emerges as a strategic tool to support economic activity, improve the relationship between companies and the State, and foster a more agile and efficient business ecosystem.
Andreia Arenga
27.01.2026
All rights reserved. This article is protected by copyright and may not be reproduced, distributed, transmitted or used, in whole or in part, without the prior written permission of Equações Exaustivas Lda. All trademarks, company names, logos and products mentioned are the property of their respective owners.
