Have your LEI number renewed in 2 minutes
Complete our LEI number renewal form before 2 PM for same-day renewal.
For the fastest LEI number registration and renewal on the market, we are the agent to deal with.
We can renew the LEI number for your Canadian business in just 2 minutes.
Not only that, but you get some of the best prices currently available for LEI code services in Canada.
Steps to renewing your LEI number
Complete the LEI code renewal application form
Select LEI code renewal from the application form above to get started, using your company’s name.
Complete payment and wait for validation
Process your payment to allow LEI Register™ to finalize your application.
Receive your confirmation in less than 12 hours
Once completed, you receive e-mail confirmation of your LEI number renewal, sent by LEI Register™ in less than 12 hours.
LEI code renewal
An LEI code will only work when it’s valid and that requires renewing it every year. If you operate a business that transacts in securities, LEI code renewal is essential.
The cheapest prices for LEI renewal are with us at LEI Certificate Canada.
Whether you need a renewal for one year, three, or five, we provide all the options.
With our five-year LEI code renewal option, you only have to pay $79 + VAT per year.
The $11 annual fee required by GLEIF is included, giving you one less thing to worry about.
What is behind the process of renewing an LEI number
An LEI code remains valid for only a year at a time, so all legal entities that deal in securities must renew it every year in order to make it valid to make transactions. This is essential for any business that wants to make a securities transaction. When the validity on an LEI code expires, it must be renewed, as a new LEI number cannot be applied for once one already exists for the entity. Once that LEI code has been assigned to your company, it cannot be changed either. Our site offers a service for renewing your LEI number.
If you don’t know when the validity on your LEI number runs out, a search on the GLEIF database will give the date for the next renewal. Every single LEI code is stored in this database. The database allows you to search for the details of any company’s LEI number registration using the name of the company or the LEI code itself. If an LEI code is no longer valid, it is not mandatory to renew it if you are no longer trading in securities, though if such transactions are a possibility in the future, it is best to keep it active.
FAQ
How often does my LEI number need to be renewed?
The validity of an LEI number lasts for just one year. Once that year has elapsed, the LEI code will require renewal. To confirm the date by which you will need to renew, you can search the GLEIF database.
If my LEI number has expired, what do I do?
Unless you no longer wish to transact in securities, an expired LEI number will need to be renewed. An LEI registration service such as ours provides a means to do that.
Can an LEI number be renewed for more than one year at a time?
Yes, this is possible. With our service here at LEI Certificate, you can have the LEI renewed for up to five years at a time. A renewal will automatically be processed by our system for every year of those five years.
Which businesses need to renew their LEI number?
Any legal entity that plans to keep transacting in securities must renew their LEI whenever it expires.
How much does an LEI code renewal cost?
The price for an LEI renewal is dependent on the service provider. Our service at LEI Certificate allows you to renew your LEI starting from $79 each year, with VAT.
LEI number validity
For any company or body that plans to continue making securities transactions, an active LEI number is required.
This code is active for only one year at a time, so an LEI code that is registered on the 3rd of January 2020 must be renewed before the 3rd of January 2021.
With our service at LEI Certificate Canada, you can have your LEI number renewed for up to five years at a time.
With this, you don’t need to worry about renewal each year. LEI Register™ will do that.
LEI transfer: what is it?
When a body has an LEI number assigned to them, they can do an LEI transfer. What this entails is moving the code from one service provider to another. The rationale for this might be to have all associated LEI numbers under the same provider, or to have access to better prices.
If you have any reservations with your current LEI provider, an LEI transfer to our service with RapidLEI can be done. The LEI code will remain the same even after switching to a new LOU. At LEI Certificate, an LEI transfer will take less than seven days to finalize.