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Who needs an LEI number in India

The Legal Entity Identifier (LEI) is a simple 20-digit code that gives every business a unique global identity. In India, companies need applicability of LEI if they make high-value payments, deal in cross-border transactions, or fall under RBI-regulated activities. It helps bring clarity to financial transactions and reduces the risk of fraud. SKMC Global takes the hassle out of the entire LEI processu2014right from registration and renewals to documentation and complianceu2014so businesses stay fully compliant without dealing with confusing paperwork or delays.

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Who needs an LEI number in India

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  1. WHO NEEDS AN LEI NUMBER IN INDIA? Applicable to all companies (Private Ltd., Public Ltd., LLPs, Trusts, Societies, etc.) with a total bank exposure of ₹5 crore or more. Entities making or receiving a single NEFT/RTGS payment of ₹50 crore or above. Entities involved in any cross-border transaction of ₹50 crore or more under FEMA. All entities trading in regulated markets, including Government Securities (G-Secs) and derivatives. How SKMC Global Can Help? At SKMC Global assists businesses in obtaining and renewing their Legal Entity Identifier (LEI) by managing documentation, registration, and compliance requirements. They ensure timely updates so entities remain compliant across financial, cross-border, and regulated market transactions. +91 989-125-5499 info@skmcglobal.com www.skmcglobal.com

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