What is an LLP (Limited Liability Partnership) account? Can we open the same with Shoonya?

A Limited Liability Partnership (LLP) Demat account is designed for LLP entities to hold and manage investments in securities like shares, mutual funds, and ETFs. It allows the LLP to participate in the stock market, ensuring smooth and secure transactions while offering a centralized view for portfolio tracking and investment management.

Yes, you can open an LLP Demat account with Shoonya.

Here’s the list of documents required to get started:

• PAN card of the LLP
• Balance sheet for the last 2 financial years
• For newly registered LLPs: Provisional balance sheet for 1 year, signed and stamped by a Chartered Accountant
• Certificate of registration of the LLP
• Partnership deed
• List of authorized signatories with specimen signatures
• Proof of registered office address of the LLP
• Bank proof (any one):
• Cancelled cheque
• Recent bank statement
• Bank passbook with LLP name
• KYC documents of all partners (individually):
• Self-attested photograph
• PAN card
• Aadhaar card or any other valid address proof
• Shareholding pattern of the LLP
• List of all partners or directors

For any help with the process, please call +91 9779 902 002 or email [email protected].

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