Corporate/HUF Trading Account
A Corporate or HUF Demat trading account allows businesses and Hindu Undivided Families to seamlessly trade and manage securities in the stock market, offering benefits like tax advantages, portfolio diversification, and easy liquidity.
Corporate or HUF Investment Account Criteria
Let’s find out if you’re eligible for a Corporate or HUF Investment Account.
- Companies (Private/Public Limited): Both public and private companies can open corporate Demat accounts.
- Partnership Firms and LLPs: Partnership firms and Limited Liability Partnerships can also register for Demat accounts.
- Trusts and Foundations: Legal entities like trusts can open such accounts to manage their investments.
- Hindu Undivided Families: The account is primarily for the Karta (head of the family) and the coparceners (family members) who wish to trade jointly.
- Karta: The Karta (head) is the primary person responsible for managing the account and handling transactions on behalf of the HUF.
Certificate of Incorporation of the company or firm.
Memorandum and Articles of Association (MOA/AOA) of the company.
Board Resolution authorizing the opening of the Demat account.
PAN Card of the company or entity.
Address Proof (e.g., Utility bill, Bank Statement, etc.) of the company.
Identity Proof of authorized signatories (e.g., Passport, Voter ID, etc.).
Tax Registration Certificates (GST, TAN, etc.) where applicable.
PAN Card of the HUF.
Address Proof of the HUF (e.g., Utility bill).
Karta's PAN Card and Aadhar Card.
HUF Declaration (that specifies the details of the family structure).
Bank Account Details (in the name of the HUF).