Documents Checklist for LEI Application

  • Legal Entity Identifier (LEI)

Introduction

Applying for a Legal Entity Identifier (LEI) can seem daunting, but with the right documents and preparation, the process becomes straightforward. The LEI is crucial for businesses involved in financial transactions, ensuring transparency and simplifying regulatory reporting. This article provides a detailed checklist of the necessary documents for a successful LEI application, along with insights into the application process and common pitfalls to avoid.

Documents Checklist for LEI Application

To apply for an LEI, businesses must provide a set of specific documents. This checklist ensures that all necessary documents are gathered and submitted correctly, streamlining the application process.

(a) Proof of Legal Entity

Types of Legal Entity Proof: Proof of the legal entity is crucial for LEI application. This document confirms the existence of the business entity. Acceptable proofs include:

  • Certificate of Incorporation
  • Articles of Association
  • Business Registration Certificate
  • Partnership Agreement

These documents establish the legal status of the entity and are required for verification by the LEI issuing organization.

(b) Authorization Proof

Authorized Signatory Details: Authorization proof is necessary to verify that the person applying for the LEI is authorized to do so on behalf of the entity. This includes:

  • Board Resolution Authorizing the Signatory
  • Power of Attorney
  • Authorization Letter from the Company

Ensuring that the signatory is properly authorized prevents delays in the application process.

(c) Business Registration Document

Registration Certificate Requirements: The business registration document confirms the registration of the entity with relevant authorities. It typically includes:

  • Company Registration Number
  • Date of Registration
  • Registered Name and Address

This document is essential to validate the legal standing of the entity.

(d) Address Proof

Accepted Address Proofs: Proof of the entity's address is required for LEI application. Accepted documents include:

  • Utility Bills (Electricity, Water, Gas)
  • Lease Agreement
  • Bank Statement
  • Government-Issued Address Proof

These documents should reflect the registered address of the entity.

(e) Identity Proof of Authorized Person

Types of Identity Proofs: The identity proof of the person authorized to apply for the LEI is mandatory. Acceptable identity proofs include:

  • Passport
  • National ID Card
  • Driver’s License

Ensuring the accuracy of identity proof helps in the verification process.

LEI Application Document Checklist for Different Entity Types

 S.NO.  TYPE OF ENTITY DOCUMENTS TO BE UPLOADED

1

Private Limited Company/Public Limited Company/Limited Liability Partnerships or any company registered with Ministry of Corporate Affairs (MCA)

Certificate of Incorporation/ GST Certificate/ IEC Certificate

2

Trust

Trust Deed / Trust Registration Certificate / any other registration certificate issued by competent authority

3

Proprietorship

IEC Certificate/ GST Certificate/ Udyam Registration Certificate/ Shops and Establishment License

4

Bank not registered with MCA

Banking License Issued by RBI

5

Mutual Fund and Alternative Investment Fund 

SEBI Registration Certificate / List of Custodian

6

Others

Registration Certificate / any other registration certificate issued by competent authority

 

 

 

 

 

 

 

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