What are the necessary documents needed to open a Corporate Account with 5paisa?
To open a Corporate
Account with 5paisa, you need to prepare and submit the following documents:
Supporting Documents
- PAN Copy of the Company should
have the seal and signature of the authorised signatory or director.
- It should have the seal and
signature of the authorised signatory or director. Certificate of
incorporation, the latest month's bank statement, utility bill, Ministry
of Corporate Affairs (MCA) copy, or lease/rent agreement.
- Self-Attested PAN Copies for all
authorised signatories or directors.
- Self-Attested Individual Address
Proof is required for all authorised signatories or directors.
- Copy of the Certificate of
Incorporation should have the seal and signature of the authorized
signatory or director.
- Memorandum of Association (MOA)
and Articles of Association (AOA). The first four pages should have the
seal and signature of the authorized signatory or director. If director
details are missing, submit additional FORM-32 or DIR-12 copies.
- Copy of the Balance Sheet from
the last two financial years. It should have the seal and signature of the
authorized signatory or director. Attested by a Chartered Accountant (CA)
with CA’s details (name, company name, member registration number, UDIN, date,
and city). Must be submitted every financial year after the account is
opened.
- A Net-Worth Certificate from a
Chartered Accountant is on the company letterhead for newly incorporated
companies. It should have the seal and signature of the authorised
signatory or director.
- A personalised and cancelled
cheque with the company name, bank statement, or bank passbook copy with
the account number, MICR, and IFSC code.
- Board Resolution on the company
letterhead. (Format available in the AOF form, Pg 25).
- List of Directors on the company letterhead.
- Latest Shareholding Pattern on
the company letterhead.
Ultimate Beneficial Owner
(UBO)
- For individuals, a copy of the
UBO Annexure should be attached with the signature of the individual
holding 25% or more (Format available in AOF form, Pg 26). Self-attested
copies of PAN and Address Proof for individuals holding 25% or more
shareholding, capital, or profits are also required.
- For Non-Individuals, a Copy of
the UBO Annexure with the signature of the whole-time director or
individual promoters holding 25% or more (Format available in AOF form, Pg
26) Copy of PAN and Address Proof. Self-attested, of the whole-time
director or individual promoters, holding 25% or more. On the company
letterhead of the entity holding 25% or more, with the signature of the
whole-time director or individual promoters.
FATCA Declaration
Foreign Account Tax Compliance
Act (FATCA) declaration.
For Activating the F&O
and Commodity Segment
Any one of the following income
proofs is required:
- The latest six months' bank
statement or passport for the company account.
- Latest Audited Profit and Loss
Statement for the previous year.
- Income Tax Return (ITR)
Acknowledgement for the latest year.
- Net-Worth Certificate from a
Chartered Accountant with a specified UDIN number.
- DP Holding Statement of the
entity.
Submission Process
- Send soft copies of the forms to
accountopening@5paisa.com for review.
- Corrections, if required, will be
communicated.
- After the review process, courier
all documents to:
5paisa
Capital Ltd.
Sun
Infotech Park,
Road
No.16V, Plot No. B-23
Thane
Industrial Area, Wagle Estate,
Thane
- 400604.
Ensure all documents are
properly sealed and signed by the authorized signatory or director as
specified.
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