LEI Registration

Quick Summary

If you're running an NGO that actively seeks significant funding from multiple sources or engages in large-scale international financial transactions of more than ₹50 crore,  you need to be aware of LEI registration for smooth operations. LEI is a mandatory 20-character global identification number required by non-profit entities involved in complex financial activities.

Suppose your company needs a ₹10 crore loan urgently. An LEI registration will help you submit the loan application instantly without any further delay, thereby speeding up transactions, reducing costs, and opening new opportunities.

An active LEI registration helps your organisation to operate in simple ways:

• Get money faster: Speeds up payments so you start work quickly and efficiently.
• Less paperwork: Makes checks easier for banks, companies, and the government.
• Builds trust: Shows donors and partners you're open and reliable.

Government Process:

• Submit an online LEI application with business details
• Provide supporting documents for verification
• The application is reviewed and processed by the issuing authority
• Receive your unique LEI code and certificate

Timeline:
Get your LEI registration and code within 1–3 working days if all documents are in order.

What is LEI Registration?

LEI (Legal Entity Identifier) Registration provides a unique 20-character code to your NGO that identifies legal bodies participating in financial transactions worldwide. Just like you have a PAN card,  an LEI acts as your global ID card for big financial dealings. It clearly tells banks, investors, and regulators exactly who you are, without creating any confusion or duplications.

Why LEI Matters for Your Business

• Mandatory Compliance: Without an LEI code, your banks cannot process your large transactions or approve new loans. It's not optional if you fall under RBI/SEBI requirements.
• Global Recognition: Your LEI works worldwide. Whether you're trading in Mumbai or New York, this code instantly identifies your company.
• Faster Transactions: Banks process your payments quickly because they can verify your business instantly through the global LEI database.
• Transparency & Trust: It shows your company is legitimate, properly registered, and transparent about its ownership structure.

Benefits of LEI Registration

1. Stay Compliant: Having an active LEI can help you stay compliant by avoiding regulatory fines and legal complications.

2. Speed Up Banking Transactions: Banks can verify your company instantly through the global LEI database, enabling faster approval for large-value transactions

3. Build Instant Global Credibility:  LEI builds trust among the partners by confirming that your company is genuine through publicly available, verified information. Your LEI is searchable by anyone worldwide in the Global LEI Foundation database.

4. Unlock International Business Opportunities: The LEI provides security for international transactions, thereby simplifying KYC processes, giving you access to the global financial system.

5. Improves Risk Management & Transparency: LEI registration improves visibility of your ownership structure, builds confidence, thereby making it easier to establish trust in competitive bidding situations.

6. Simplify Complex Corporate Structures: As the global LEI system expands, it helps regulators and market participants understand the complex documentation structure of corporates, thereby simplifying regulatory submissions

7.  Reduce Operational Costs Over Time: LEI registration is simple, cost-effective, and quick to complete, opening the door to greater security and transparency.

Who Benefits Most from LEI Registration?

• NGOs receiving significant annual funding or grants of ₹5 crore+
• Receiving large-scale Corporate Social Responsibility (CSR) funds (
• Operating or expanding programs internationally
• NGOs bidding for large government contracts or major international tenders/grants
• Dealing with foreign currency receipts or utilising bank channels for large remittance inflows

Eligibility Criteria for LEI Registration

For Trusts

For Societies

For Section 8 Companies (NGOs)

Documents (Mandatory for All Entities)

LEI Registration Process

Step 1: Check If You Already Have an LEI

Before starting, you need to verify that your company doesn't already have an LEI. You can check on the LEI portal (www.ccilindia-lei.co.in)  or through the Global LEI database

If you find an expired LEI, you just need to renew it.

Step 2: Gather Your Documents

Basic Documents:

• Certificate of Incorporation/Registration
• Company PAN Card
• Memorandum and Articles of Association (MOA/AOA)
• Current registered address proof
• Board resolution or power of attorney authorising the LEI application

Tip: Make sure all documents show the same company name and address.

Step 3: Appoint an Authorised Person

You need to appoint a director/ company secretary from your company to handle the application.

Step 4: Register on LEIL Portal

Go to the Government Portal: www.ccilindia-lei.co.in

Create an account using your official email ID.

Step 5: Fill the Application Form

The online form asks for:

• Company legal name (exactly as per registration certificate)
• Registration number
• Date of incorporation
• Registered office address
• Jurisdiction and legal structure
• Business activity details
• Authorised person's details

Step 6: Provide Ownership Information

To complete this step, you'll need to declare:

• Whether your company has a parent company
• If you file consolidated financial statements
• Ownership percentage details (if applicable)

If your ownership structure is complex, LEIL may ask for additional documents after you submit.

Step 7: Choose Your Validity Period

LEI codes are valid for one year, but you can pay upfront for multiple years:

Typical Pricing (as of 2024-25):

• 1 year: ₹3,990
• 3 years: ₹10,950 (saves you money)
• 5 years: ₹16,900 (best value)

Step 8: Upload Documents & Submit

Upload all required documents in PDF format before reviewing your entire application. After that, you can make the payment, submit the application and finally receive your unique 20-digit Reference Number

Step 9: Verification Process

It is a mandatory step to verify your documents against official registries. The LEIL may ask for clarifications or additional documents

Timeline: Usually 1-2 working days if all documents are correct.

Step 10: Receive Your LEI Code

Once approved, you'll get your 20-character LEI code via email, which can be used for all your financial transactions

Important: Save this email! You'll need the LEI code regularly.

LEI Registration Fees

In India, the official LOU is LEI Register India, and their fees are as follows:

1 year :3500+18% GST

3 years: 8650 +18% GST

5 years: 13300 + 18% GST

LEI Renewal Fees

1 year : 2800 + 18% GST

3 years: 7950 + 18% GST

5 years: 12600+18% GST

Note: These fees are subject to change. It’s always best to verify the latest fee structure with your chosen LOU.

Quick Tips

1. Get It Early- Don't wait for banks to demand it. Register now and enjoy uninterrupted operations.

2. Choose Multi-Year Plans - Save money and avoid the hassle of annual renewals. 3-year or 5-year plans offer the best value.

3. Keep Information Updated -  Whenever your company details change (address, ownership, name), update your LEI immediately. This maintains its value.

4. Use It Proactively -  Include your LEI in:

• Business cards and letterheads
• Company websites and LinkedIn profiles
• Tender submissions and RFP responses
• Banking correspondence

5. Educate Your Team - Make sure your finance team, directors, and key managers understand LEI and when to provide it.

Why Choose NGOExperts for your LEI Registration

Choosing NGOExperts for LEI Registration ensures a seamless and efficient process, backed by expert guidance and comprehensive support:

• Expert Guidance: Our team of industry experts simplifies the LEI registration process, ensuring accuracy and compliance.
• Fast Turnaround: Navigating LEI registration can be complex, but our expert team simplifies the process so you receive your LEI code promptly, often within 1–2 business days.
• Affordable Pricing: Transparent LEI registration fees with no hidden charges.
• Comprehensive Support: NGOExperts provides end-to-end support for your LEI Registration with documentation, application, and renewal processes
• Credibility and Trust: Partnering with us enhances your entity’s credibility in financial markets, fostering trust among investors, regulators, and business partners.