What is a LEI CODE?

Patrick Jorgensen

LEI is an abbreviation for Legal Entity Identifier.
The LEI code can be compared to a global EIN.  


The code is made up of four elements:

  • Character 1-4: Identifies which LOU has issued the code.
  • Characters 5-6: Reserved for future functionality..
  • Character 7-18: Identifies the individual legal entity.
  • Characters 19-20: Two control digits.


How do I make sure, that Leicode.com is a validated agent?

Aricles about Leicode.com and our danish partnersite leikode.dk:
Announcing LEI Code as new Denmark-based RapidLEI partner
RAPID LEI listing page


Examples of LEI Codes
A.P. Møller-Mærsk A/S 549300D2K6PKKKXVNN73
LEI Code ApS 894500N6DS94AVMR9R44
LEGO System UGKYQUOFW6QSIS3P4P93


Who manages the LEI system?
The LEI code system is managed centrally by the Global Legal Entity Identifier Foundation (GLEIF). GLEIF is a supranational non-profit organization headquartered in Basel, Switzerland.
GLEIF´s mission is to support the implementation and use of LEI codes, thereby improving transparency in the global financial business world. You can read more about GLEIF on their website.


What is a LOU?

LEI codes are issued by accredited Local Operating Units (LOU), which are GLEIF approved organizations. LOUs are mandated to create, modify and renew LEI codes. All created LEI codes are collected in an open database at GLEIF.

How much does a LEI code cost?

All prices are listed on our website under "Prices". Prices can vary from region to region based on local rules

 

How can I pay?
At LEI CODE it is possible to pay online with all types of credit/debit cards. If you do not have a credit/debit card, you can make a bank transfer to our account. Information on this is stated on the invoice you receive when you apply. We will not start the application until we have registered payment for the application.


Issuer in electronic invoice (EAN)?
Yes we are issuing an EAN invoice to public authorities or whoever needs it. Please contact us for this.


How long does it take to get an LEI code? 
It usually takes 2-5 hours to get a LEI code.
If you need to get your LEI code quickly, you can choose our Express Application. Our specialists handle the whole process, so we can offer you the code within 2 hours on weekdays.

 

What information do I need to give, in order to get a LEI code?
You will need your national company number (Entity Number/Tax Number) as well as any information about the ownership structure. In most cases, we can collect this information ourselves based on your company number number, but in some cases some clarifying questions are needed

 

We do not have an company number, but need a LEI code
This is also possible at LEI Code. You just follow the manual application process, and we will contact you if we need any additional information.

 

I need more than one LEI code. Can I create multiple LEI codes at once (bulk registration)??
Yes. Please contact us and we will find a suitable solution.

 

Can I move an existing LEI code to LEI Code?
Yes you can move your existing LEI code to us for free. We take care of the whole process, just enter your information and sign a power of attorney. We need the signed power of attorney to inform your current agent that you want to move the LEI.


Do you handle my data with care?
The data collected, processed and shared in connection with the handling of the Legal Entity Identifier (LEI) mainly deals with company information, which is referred to as legal persons. In addition, LEI information is made publicly available by official authorities. This means that most of the data collected does not fall under the GDPR Data Protection Regulation. But we treat all your data seriously and securely.



Do you have any other questions?

+45 25 94 39 69
Email: info@leicode.com

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