Digital corporate identity comprises the details of the company. Digital corporate identity includes the company’s basic data model, which is a jointly agreed and developed structured data content stating the basic details of the company. This information includes the name, address, domicile and language of the company (when the company is established), and Business ID, prepayment register entry and VAT number (after the company has been entered in the Trade Register). The data content may also include the e-invoicing address and (depending on the type of business operations) the LEI code. The utility models, patents and trademarks owned by the company could also be part of the data content.
When a company has a digital identity, organisations and their software interpret its basic details in exactly the same manner. As a result, data can be transferred in machine-readable format and in real time. For example, supplier data can be checked automatically from the Business Information System.
In other words: digital identity is a structured and machine-readable collection of company data (who and what the company is). Structured data content allows the introduction of a new-type digital identifier alongside existing identifiers. A company with a digital identity could be identified in a significantly larger number of use cases.
Digital corporate identity is not
- a new system
- a new identification solution
- new strong identification provided by government agencies
- mandatory identifier
Digital identity does not replace the Business ID or any other IDs issued by government agencies. Digital identity does not define how information-sharing permits or authorisations should be issued. Digital identity does not eliminate the need for Suomi.fi e-Authorizations but it may strengthen the role of the service so that it would also cover unspecified situations in a rapidly changing world.