Legal Entity Identifier (LEI) REGISTRATION

The Legal Entity Identifier (LEI) is a unique 20-character identifier obtained from Legal Entity Identifier India Ltd. (LEIL), which is recognized as an issuer of LEI by the Reserve Bank of India (RBI). It represents entities involved in financial transactions. LEIs are used to improve the accuracy and quality of financial data reporting systems.

DOCUEMNTS REQUIRD

CATEGORY DOCUEMNETS
PROPRITOR ·       PAN Card

·       Adhar Card

·       IEC /GST / Udyam Registration

·       Mobile no and Mail-id

 
HUF ·       Same documents as of proprietor

·       PAN card of HUF

·       HUF Deed

·       Audited financial statements

·
PARTNERSHIP ·       Same documents as of proprietor

·       PAN card of firm

·       Partnership Deed

·       Audited financial statements

 
LIMITED LIABILITY PARTNERSHIP ·       Same documents as of proprietor

·       PAN card of LLP

·       LLP Agreement

·       Audited financial statements

 
COMPANY ·       Same documents as of proprietor

·       Certificate of incorporation

·       Audited financial statements

·       Letter of authority (format given on website)

 
TRUST ·       Same documents as of proprietor

·       PAN card of Trust

·       Trust Deed

·       Audited financial statements

 
SOCIETY ·       Same documents as of proprietor

·       PAN card of Society

·       Registration certificate

·       Audited financial statements

 

 

BENEFITS

Here are the benefits of obtaining an LEI:

  1. Improved Transparency and Accountability.
  2. Risk Management
  3. Regulatory Compliance
  4. Enhanced Market Efficiency
  5. Accurate date exchange
  6. Global Standardization
  7. Facilitates Financial Reporting and Data Analysis
  8. Streamlined Trade and Transaction Processing
  9. Increased Trust and Reputation

 

CLOSURE PROCEDURE

There is no specific “surrender LEI form.” The process involves contacting the LEI issuer (LOU), submitting a formal request for cancellation, and ensuring that all necessary fees are cleared. Once the surrender is processed, your LEI will be deactivated and removed from the global database