Renew LEI code in 2 minutes
Fill out the form before 5 PM and get your LEI renewal the same day.
How to renew your LEI code
Apply for LEI renewal
Choose renewal of LEI code in the form above and fill in your company name
Pay and get your application validated
Make a payment for your renewal before LEI Register™ can validate your application
Get a confirmation within 12 hours
LEI Register™ will send a confirmation of LEI renewal to your e-mail address within 12 hours
Renewal of LEI
In order for your LEI code to work and be valid, it needs to be renewed every year. LEI renewal is thus necessary for companies or organizations dealing in securities. Here at LEI Certificate you can renew LEI code at one of the lowest prices on the market. You can choose to renew your LEI code for 1 year, 3 years or 5 years. If you choose to renew your LEI code for 5 years, you only pay £39 + VAT per year. This cost includes all fees such as GLEIF’s $11 annual fee.
This is how LEI code renewal works
Since an LEI code only is valid for a limited period of time, it is necessary for all legal entities that has one to renew the LEI code in order for it to function and to be valid. This is a must for all legal entities who wants to continue to be able to make transactions in the securities market. Once your LEI code has expired, you will not be able to apply for a new code. Instead, it is your expired LEI code that needs to be renewed. This can be done through services as the one we offer on our site. Since the LEI code is a unique identity designation, it cannot be chanced once a company or organization has been assigned a code.
If you’re uncertain about when your LEI code expires, you can make a search in the database found at GLEIF. There you can either search for the company name, or for the unique alphanumeric code that your company has been assigned. GLEIF’s database contains all Legal Entity Identifiers. If you have a company that has a LEI code but is no longer active in the securities market, there is no requirement that you renew the LEI code. It is on the other hand always good to have an active LEI if you would like to participate in securities trading again.
When do I need to renew LEI?
LEI codes are valid for one year, and after that they need to be renewed. In order to see when your LEI needs renewal, we suggest that you search for your company’s name in the GLEF database.
What do I do if my LEI has expired?
If your LEI code has expired, you need to renew it. You can do this through a LEI registration service, such as the one we provide here.
Can I renew LEI for multiple years?
Yes, through LEI Certificate you can renew your LEI for up to 5 years. In this case, the service provider ensures that an annual renewal takes place automatically.
Who needs to renew their LEI?
All legal entities who has an LEI and intends to continue being active in the securities market must renew its LEI code when it expires.
What does it cost to renew LEI code?
The cost of renewing LEI codes differs between the different service providers. With us at LEI Certificate you can renew your LEI from £39 per year + VAT.
Validity of LEI code
If you intend to continue being active in the securities market with your company or organization, it is important to maintain an active LEI code. An LEI code is active for one year, which means that if your code was issued 03/02/2020 you must renew it before 03/02/2021. Here at LEI Certificate you can apply for LEI code renewal for up to 5 years. This means that you do not have to keep track of the validity every year, LEI Register™ will handle this for you.
What is LEI transfer?
A legal entity that holds an LEI code has the opportunity to make an LEI transfer. An LEI transfer means that you move your LEI code to another supplier. The reason for doing this could for example be that you want all your LEI codes to lie with the same supplier. It could also be that you’re not happy with the prices at the LOU you’ve had your LEI issued by.
If you aren’t happy with your LEI service provider, you can choose to transfer your LEI to RapidLEI through us at LEI Certificate. While your LEI is moved to another LOU, the actual LEI number will not chance. If you choose to use our service for LEI transferal, the transfer will be completed within 7 days.