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PDF Editor FAQ

What are the documents required to start a Partnership firm?

Documents Required to a Start a Partnership Firm.In order to open a current bank account, a firm must submit the following documents:Partnership deedPAN card of the Partnership firmAddress Proof of the partnership firmIdentity proofs of each and every one of the partnersPartnership registration certificate (if a partnership was registered)Any registration document issued through central or state government (usually GST certificate is submitted)Electricity bill copy or telephone bill copy or water bill copy (not beyond 3 months old)Authorization letter on the letterhead of the firm authorizing a partner as authorized signatory for the bank account.

What are the documents required for GST registration in Delhi?

If you are a proprietorship Firm then following documents are required:Copy of PANCopy of AadharPhone Number and Email IDAddress proof of registered address (Rent Agreement and Electricity Bill)Name of Products and Services to be deal in.If you are a partnership Firm:1. Partnership deed2. Partnership firm PAN card3. Address Proof of the partnership firm4. Identity proofs of all the partners5. Copy of electricity bill, telephone bill or water bill (not more than 3 months old)6. Authorisation letter on the letterhead of the firm authorising a partner as authorised signatory7. Phone Number and Email ID8. Name of Products and Services to be deal in.

Can an HUF have a trading and Demat account with a registered broker in India?

Yes you can.Following post explains the process and documentation required. Note:(T) : Document required to open a Trading Account.(T+D): Documents required to open a Trading & Demat Account.(C): Documents required to open a Commodity Account.PARTNERSHIP FIRMDuly filled copies of Trading & Demat /Commodity form with photograph of Authorized Signatory affixed and signed across.Copy of the Partnership Deed duly attested by a notary public (investment clause must be mentioned)PAN CARD COPY:PAN Card copy of the Firm.PAN Card of all Partners (Attested by Each Individual Partner).ADDRESS PROOF COPY:Address Proof copy of the Firm.Address Proof copy of all the partners (Attested by Each Individual Partner).INCOME PROOF COPY:Proof of Bank Account (Specimen copy of cancelled check leaf/Bank Statement/Bank Passbook/Letter from Bank).Copy of Balance Sheet of the Partnership Firm for the last 2 Financial Years* (to be submitted every year) if the firms is newly incorporated then, net worth certificate from CA. Declaration for IT returns if it’s a new firm. Authority Letter in favour of Managing Partner and – Annexure1A(For Equity Account) and Annexure 2A (For Commodity Account).List of All Partners’ photos with signatures on letterhead of the Firm – Annexure I List of Authorized Signatories. FATCA Declaration.Copy of Certificate of Registration (For Registered Partnership Firms only). Annexure4 for Demat Account:NOTE: Demat account will be opened in the names of Partners (any one of the partner’s name)LIMITED LIABILITY PARTNERSHIPDuly filled copies of Trading & Demat /Commodity form with photograph of Authorized Signatory affixed and signed across.Copy of the LLP Agreement duly attested by a notarypublic(investment clause must be mentioned)PAN CARD COPY:PAN Card copy of the Firm.PAN Card of all Partners (Attested by Each Individual Partner).ADDRESS PROOF COPY:Address Proof copy of the Firm.Address Proof copy of all the partners (Attested by Each Individual Partner).INCOME PROOF COPY:Proof of Bank Account (Specimen copy of cancelled check leaf/Bank Statement/Bank Passbook/Letter from Bank).Copy of Balance Sheet of the Firm for the last 2 Financial Years* (to be submitted every year) if the firms is newly incorporated then, net worth certificate from CA.Authority Letter in favour of Managing Partner – Annexure 1A(For Equity Account) and Annexure 2A (For Commodity Account).List of Authorized Signatories/Partners photos with signatures on letterhead of the Firm - Annexure ICopy of Certificate of Registration (For Registered LLP Firms only) (Investment clause must be mentioned).Latest Shareholding Pattern.FATCA Declaration.Annexure 4 for Demat Account.ImportantPartnership Deed should allow the Firm to trade in Secondary Markets.Authority Letter in favor of Managing Partners should be on Letterhead of the Firm.All the documents need to be signed by the Managing PartnerSeal of the Partnership Firm to be put where signatures are made.*In case of a new Partnership Firm, provide Balance Sheet after close of immediate Financial Year.** The Bank proof should contain the Bank name, Branch address, IFSC/MICR code, Name of account holder, Account number.H.U.F ACCOUNTDuly filled Trading &Demat /Commodity form with photograph of Karta affixed and signed across.PAN CARD COPY:Pan Card Copy of HUF.Pan Card Copy of Karta.ADDRESS PROOF COPY:Address proof Copy of HUF.Address Proof Copy of Karta.INCOME PROOF COPY:Bank Passbook/Statement of HUF Indicating its existence.Declaration to be given by Karta & all major co-parceners of the HUF - 1C (For Equity Account) and Annexure 2C (For Commodity Account). HUF Declaration for Demat account.NOTE: Karta seal/stamp is mandatory on all the signature fields and on all the proofs provided.Sources: Zerodha

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