Renew your LEI code in just 2 minutes
Fill this form before 6 PM and get your LEI code renewed on the same day.
In just 2 minutes, Indian companies and organizations can renew their LEI code with us.
We are the fastest LEI registration agent in the market.
When you use our services, rest assured, you would be paying the least possible charges.
How to renew your LEI code
Apply for LEI renewal
In the form provided above, just choose “renewal of LEI code” and enter the name of your company
Make payment and get your application validated
Complete your payment for renewal and LEI Register™will start the validation of your application
Get a confirmation within 12 hours
Within 12 hours, you will receive a confirmation email from LEI Register™ at your email address
Renewal of your LEI number
If your company or organization deals in securities, an LEI code is mandatory for you. Your LEI code is valid for only one year.
If you want it to continue working and remain valid, you will need to renew it every year. LEI Certificate will renew your LEI code at the lowest possible price in the market. With us, you can renew your code for a period of 1 year, 3 years or 5 years.
If you decide to renew your LEI code with us for a period of 5 years, you will be paying only ₹3380 + VAT per year.
Believe it or not, this cost includes everything, including GLEIF’s $11 annual fee.
How does the process of LEI code renewal work
Once you receive your LEI code, it remains valid for a period of one year. As a legal entity interested in carrying out transactions in the financial market, you will need to renew the code every year so that it continues to remain valid. This is mandatory because without a valid LEI code, your company will not be able to carry out in any trading activity in the securities market.
Once your LEI code expires, you don’t need to apply for a new code. The LEI code is a unique identification number. So, once a code has been assigned to your company, you won’t be able to apply for a new one. You just need to renew your expired LEI code. You can do so by using the services of sites, like ours.
In case you are unsure about the date of expiry of your LEI code, just do a search in GLEIF database. GLEIF’s database contains all Legal Entity Identifiers (LEI). Just enter your company name or the unique alphanumeric LEI code assigned to your organization in the search box.
As a company, if you had an LEI code, and are no longer interested in carrying out transactions in the securities market, you don’t have to renew your number. However, if you are planning to continue trading in the financial markets, you will need to renew your LEI code so that it remains active and valid.
FAQ
When do I need to renew LEI?
LEI codes are valid for a period of one year. Once this period is over, you will need to renew it. If you would like to find out when your LEI number needs to be renewed, just search your company name or LEI code in the GLEIF database.
What do I need to do if my LEI has expired?
If your LEI code has expired, you will need to renew it with the help of an LEI registration service provider, like ours.
Can I renew my LEI code for multiple years?
Yes, through LEI Certificate you can renew your LEI for up to 5 years. When you renew your code with us for a period of 5 years, we ensure that the annual renewal is done automatically every year.
Who needs to renew their LEI?
All legal entities, such as companies, organizations, charities, etc, need an active and valid LEI code, if they intend to trade in the securities market. Therefore, if your LEI has expired and you would like to continue carrying out transactions in the financial market, renew your code as soon as it expires.
How much do I have to pay to renew my LEI code?
Different service providers have different charges for renewing LEI codes. At LEI Certificate you can renew your LEI with us at costs as low as ₹3380 + VAT.
Validity of your LEI code
If you want to continue carrying out transactions in the securities market, you need an active and valid LEI code.
Once you register for LEI, your code remains valid for one year. You need to renew it every year if would like to continue being active in the financial markets.
This means that if your code was issued on 3rd April 2022, it will expire the same time in the year 2023, that is, you need to renew it before the 3rd of April 2023.
At LEI Certificate, we offer the chance to renew your code for up to 5 years. This means you just need to renew the code for 5 years with us and LEI Register™ will take care of renewing it every year for you.
What is LEI transfer?
If you are a legal entity with a valid LEI code, you can apply to transfer your LEI from your current service provider to another service provider. You could make this choice because you are not pleased with your current service provider that issued your LEI code. Or you may feel that you are being overcharged. You may also wish to keep all your LEI codes with one provider and, therefore, may opt for a transfer.
If you feel you would like to change your LEI service provider, you can transfer to RapidLEI through LEI Certificate. Please note that when you transfer your LEI to another LOU, your LEI number doesn’t change. It remains the same, only your LOU changes. If you wish to transfer your LEI by using our service, the process will be completed within 7 days.