Posted by Johanna Santos
Under the EU’s eIDAS Regulation, a Qualified Electronic Signature (QES) is legally equivalent to a handwritten signature across all member states. For multinational companies and distributed boards, this changes everything:
Authorities increasingly prefer QES because, as Viktor Wrede explains, “There is an increased need for standardisation – seals and certificates – to combat fraud and ensure secure verification, and rather than validating different signing methods from different countries, authorities can rely on one robust EU-wide framework.”
Remote work and internationally composed boards make traditional signing processes cumbersome. In Sweden, for example, the entire board and the auditor must sign, often from different cities or even different countries. In practice, this can mean coordinating multiple people across several locations to sign the same document, creating delays and logistical complexity.
Electronic signatures remove much of this friction, providing faster, more secure signing workflows while the additional layer of QES also reduces discrepancies that arise when national processes split PDF signing from what is actually submitted to authorities. As annual reporting evolves into a unified European digital process, companies can achieve a more seamless, accurate, and efficient signing experience.
“When the EU Digital Identity Wallet is rolled out, it will trigger a wave of digitalisation across Europe, making annual reports far easier to manage – from simpler signing and smoother cross-border collaboration to automated verification and, eventually, fully digital submissions to national authorities.”
Scrive enables QES signing using national e-IDs such as Swedish BankID, making EU-recognised high-assurance signing straightforward for businesses. This is particularly valuable in Sweden, where obtaining QES credentials through other methods has traditionally been slow and cumbersome. Scrive’s mission is to support businesses across Europe in signing annual reports with qualified signatures while driving secure, efficient document workflows.
As annual reporting evolves into a unified European digital process rather than a collection of national exceptions, companies stand to benefit from faster, more secure signing workflows, fewer errors and discrepancies, a reduced administrative burden, and a more seamless experience for multinational boards.
eIDAS 2.0 and the EU Digital Identity Wallet are not just transforming annual reporting – they are making it genuinely European.
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