Your company’s LEI, ready in one business day.

No. In Portugal every company has a NIF (tax number); a LEI is only mandatory in specific financial and regulatory contexts: trading financial instruments, taking out derivatives, having securities registered with a central securities depository, insurance and pension fund activity, or when a bank, regulator or customer asks for it. Use the test above to see if this applies to you.

Usually one business day after payment and data are confirmed. It can take longer when the name or address in the request does not match the business register, when the requester’s authorisation is missing, or for funds and foreign entities, which require additional documents. If you have a deadline, tell us in your request.

The number is permanent; the registration must be renewed every year, confirming that the data is unchanged. On the 3 and 5-year plans, the annual renewals for that period are already paid for and we handle them: we only ask you to confirm the data.

The LEI moves to “lapsed” status (LAPSED). The number still exists and still appears in the global index, but it signals that the data has not been confirmed. Many intermediaries and regulatory reports require an active LEI, and a lapsed one can stop an order or a report. It is recovered with a normal renewal, with no surcharge.

Yes, at no cost. It is called a transfer: management of the LEI moves to the issuer we work with and the number does not change. The process follows GLEIF rules, which give the current issuer the chance to confirm the request, and usually takes a few business days. If the LEI has lapsed or is close to its date, it is renewed in the same request, at the plan price.

No. Each legal entity has a single LEI, used by every bank, broker and regulator. If you find your company has two, one of them must be annulled as a duplicate; we take care of that. Branches in other countries may have their own LEI, linked to the head office’s.

Yes, when they carry on a registered business activity and need a LEI for it, for example to trade financial instruments in the course of that activity. Natural persons without a business activity do not have a LEI. We confirm each case before going ahead.

Level 2 says who owns whom: the direct parent and the ultimate parent, when the company consolidates accounts within a group. You must state those relationships or the reason for not stating them, for example because the shareholders are natural persons, who never appear in the LEI. We prepare this with you and charge nothing extra for it.

Yes. The GLEIF global index is public, free and open to use: anyone can look up the name, address, status and group relationships of any LEI, as you can with the search on this page. It contains no personal data of directors or shareholders.

No. The number stays the same and the data is updated, which we do at no cost during the validity period. In a merger, the absorbed company stops using its LEI, which is marked as merged and linked to the LEI of the company that absorbed it.

Each fund, sub-fund or company has its own LEI. From 10 entities we make a proposal with volume pricing, a single invoice, aligned renewal dates and a report on the status of every LEI. Enter the number in your request.

No. Sooma acts as a registration agent. Issuance, renewal and transfer are always carried out by an issuer accredited by GLEIF (LOU), which validates the data and publishes the record in the global index. On your side, everything goes through Sooma: the request, the invoice, the support and the renewals.

Once the data is confirmed, we send Sooma’s invoice, with Portuguese VAT details. The request goes to the issuer once payment is confirmed. If, for any reason, the LEI cannot be issued, we refund the amount paid.