In November 2016, the Scottish Government announced that they were minded to allow the two 'trial' reintroduced populations of Eurasian beaver Castor fiber to remain in Scotland and be allowed to expand naturally, and that the species will receive legal protection. This was a historic moment: the first formally approved reintroduction of a mammal species anywhere in the United Kingdom. The issues surrounding beaver reintroduction to Scotland had been the subject of intense investigation and public debate over the previous 21 years. Extensive multidisciplinary and interdisciplinary work was performed to assess the desirability and feasibility of reintroducing the Eurasian beaver and informed the government's decision. This was one of the most detailed assessments carried out for any species reintroduction proposal. The work was broadly divided into desk‐based and stand‐alone studies based primarily on the European and North American experience of living with beavers, the scientifically monitored Scottish Beaver Trial reintroduction in west Scotland, a study of beavers resulting from unauthorised releases in an east Scotland catchment and the work of a specialist group that examined beaver–salmonid interactions and issues. It was confirmed that beavers have a very positive influence on biodiversity overall, although some specific species and habitats of high conservation importance can be adversely affected if appropriate management is not in place. Beavers provide a range of ecosystem services with the potential for socio‐economic benefits. However, beavers' activities may affect some land uses, the extent and significance depending on local conditions. Management techniques are well developed, although some will require refinement and appropriate licensing within a Scottish regulatory regime. A strategic approach to developing management throughout Scotland will need to be progressed in partnership with key stakeholders.