FAQ

An LEI (Legal Entity Identifier) is a unique 20-character code that identifies your company in global financial markets. You need one if your company trades securities, receives international payments, or is subject to MiFID II, EMIR, or DORA regulations. Without an active LEI, many banks will block or delay your transactions outright.

LEI codes are issued by accredited Local Operating Units (LOUs) overseen by GLEIF — the Global Legal Entity Identifier Foundation. LEI Comply is an official GLEIF-accredited registration agent, meaning your code is published directly in the global GLEIF database and is recognised worldwide.

Exactly one year. After that it must be renewed, or it is marked “Lapsed” in the GLEIF database. A lapsed LEI means your company cannot legally participate in regulated financial transactions. LEI Comply renews yours automatically every year – no reminders, no admin work, no lapses.

Registration starts as low as €3.49 per month, all-in. That includes fast same-day issuing, automatic annual renewal, continuous LEI Compliance and dedicated support. There are no hidden fees. Most competitors charge €70+ per year – often without automatic renewal. See full pricing →

Yes. If you manage 5 or more entities – holding companies, subsidiaries, investment funds – you qualify for our multi-entity rate. Contact us for a tailored quote. Many accounting firms and fund administrators save over €500 per year compared to standard agent pricing.
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The cost for a compliant LEI is starting from €3.49/month, which is what LEI Comply charges. Be cautious of services priced below €2.50/month – they often exclude additional fees or use non-accredited intermediaries, which can result in an invalid code. Always verify that your agent is listed on the official GLEIF website.

Yes. You can switch your plan the way you see it’s more convenient for you.

Most applications submitted before 3 PM are issued the same business day. The GLEIF validation step typically takes 1-4 hours. Once issued, your LEI is live in the global database immediately and can be used for transactions right away.
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For most EU-registered companies you only need: company name, registration number, and legal address. LEI Comply pulls official data directly from national business registries, so no document uploads are required in most cases. The whole form takes under 5 minutes.

Yes. LEI transfers are free and your code number never changes. The process takes 1-2 business days. Once transferred, you benefit from LEI Comply’s transparent fee and automatic renewal going forward – without any disruption to your existing compliance status.
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Your LEI is marked “Lapsed” in the GLEIF database. This means counterparties and banks can see your code is invalid, and many will refuse transactions until it is renewed. Under MiFID II, trading with a lapsed LEI can also trigger a regulatory breach. Renewal is still possible after lapsing, but it takes longer and may incur penalties. With LEI Comply’s auto-renewal, this scenario never happens.

We do better than reminders — we renew automatically. You receive an email confirmation when the renewal is processed, typically 30 days before expiry. If you prefer to approve each renewal manually, you can switch to notification-only mode in your account dashboard.

Yes to all three. MiFID II requires an LEI for any firm submitting transaction reports. EMIR mandates LEIs for all counterparties to derivative contracts. DORA (Digital Operational Resilience Act, in force from January 2025) requires financial entities and their ICT service providers to carry LEIs in regulatory reporting. If any of these apply to your business, your LEI must stay active at all times.

All data submitted to LEI Comply is processed in accordance with GDPR and stored on EU-based servers. The company information published in the GLEIF database is the same information already public in your national business registry – no private data is exposed. We never sell or share your contact details with third parties.

Yes. LEI Comply offers full support at your disposal. For companies navigating GLEIF requirements or local regulatory obligations, our team can advise accordingly.
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