Corporate Demat 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.
What is a Corporate or HUF Demat/Trading Account?
A Dedicated Account for Corporate and HUF Investments
A Corporate Demat account is designed for Private limited companies, partnerships, limited liability partnerships (LLPs), and trusts. This account allows organizations to hold and trade in shares, bonds, mutual funds, and other securities in an electronic format.
The HUF Demat account is specifically for Hindu Undivided Families, a unique entity under Hindu law. It enables the family as a single entity to invest and manage assets collectively in the stock market. An HUF account is typically opened in the name of the Karta (head of the family).
Key Benefits of Corporate and HUF Demat Accounts
Customised Features For You
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.
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).