Prices
Select the plan that suits you best
There is no price difference between new LEI and LEI renewal
What is the cost of an LEI?
We often get asked, why do we have to pay for an LEI and how is the price for such a simple thing justified. Here is how the price comes together:
- GLEIF fee – Global Legal Entity Identifier Foundation charges £10 (11 USD) for each active LEI annually.
- LOU (LEI issuer) cost to get accredited by the GLEIF. This involves significant legal and IT development costs.
- Reference data fee – The collected data for validating Legal Entity reference data does not come without cost. The costs vary among jurisdictions but on average they are around £5 per LEI per year.
- Human costs – As the Legal Entity reference data is not always computer readable we have to employ humans who work with the data.
- Customer service costs – we, humans, like to get support from fellow humans. Therefore we have to employ good people to help to answer our customers questions.
- Costs to keep up the team, office, servers, IT development.
- Small premium for the work we do.
We hope to serve you well, thank you!