To open a corporate account with Angel One, you will need to provide specific documents to comply with regulatory requirements. These documents help verify the identity and legitimacy of your business, ensuring a smooth and secure trading experience.
What Documents Are Required for Corporate Accounts on Angel One?
To open a corporate account with Angel One, you need to submit the following documents:
- Company PAN Card: A copy of the company's PAN card, self-attested by the authorized signatory.
- Company Address Proof: Documents like the Certificate of Incorporation, GST Registration Certificate, or a recent bank statement in the company's name.
- Board Resolution: A resolution from the company's board authorizing the opening of the trading account and specifying the authorized signatories.
- List of Directors: A list of current directors of the company.
- Memorandum and Articles of Association (MOA & AOA): Copies of the company's MOA and AOA, self-attested by the authorized signatory.
- Bank Account Proof: A cancelled cheque or a bank statement in the company's name.
- Authorized Signatories' KYC Documents: PAN card, address proof, and photographs of individuals authorized to operate the account.
- Net Worth Certificate: A certificate from a Chartered Accountant certifying the company's net worth, if applicable.
Why Are These Documents Necessary?
These documents are required to verify the identity and legitimacy of your company, ensuring compliance with regulatory standards. They help in establishing the company's legal standing and the authority of individuals operating the account, thereby facilitating secure and transparent trading activities.
How to Submit These Documents?
You can submit the required documents online through the Angel One platform. Ensure that all documents are clear, legible, and self-attested where necessary. Incomplete or unclear documents may delay the account opening process.
What Happens After Document Submission?
Once your documents are submitted, Angel One will verify them. Upon successful verification, your corporate trading account will be activated, and you will receive the necessary credentials to start trading.
Need Assistance?
If you have any questions or need help with the document submission process, feel free to reach out to Angel One's support team. They are available to assist you and ensure a smooth account opening experience.
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