DOCUMENTS REQUIRED FOR ACCOUNT OPENING OF LLP

(Limited Liability Partnership firm)

Identification proof

Provide all of the following documents:

1. PAN copy of the LLP (with the seal and signature of the authorized signatory or director).
2. PAN copy of all authorized signatories or partners (self-attested)

Address Proof of the LLP

Any of the following with the LLP’s name with seal and signature of the authorized signatory or partner:

• Certificate of Incorporation
• the latest month's transaction copy of the bank statement
• Ministry of Corporate Affairs (MCA) copy or
• Rent agreement.

Address proof of the directors/Partners

• Any self-attested OVD (official valid documents) proof for all the partners as Aadhar card (only masked Aadhar card is allowed), Voter ID, Passport or driving license.

Bank Proof

Anyone from the following:

• Personalized cancelled cheque with the company’s name pre-printed on it.
• Company’s bank passbook/statement (should not be older than 3 months) with all the details clearly visible as holder name, bank logo and seal, IFSC code, MICR code, and account number.

 Income Proof

(to activate the F&O segment)

Anyone from the following:

• LLP’s bank passbook/bank statement of the last 6 months.
• Latest Year audited profit and loss statement or
• Latest Year Income Tax return (ITR) Acknowledgement or
• Net-worth certificate from the CA (Chartered Accountant) with the UDIN number or
• DP holding statement of the entity.

Demat details

1. Mapping of Demat Account.
2. Opening of Demat account 

Certificates and Declarations

1. Certificate of Incorporation of LLP along with a downloaded copy from MCA.
2. Copy of LLP agreement (including all mandatory clauses + notarized)
3. UBO (Ultimate Beneficial Owner) declaration (details of those having controlling ownership of more than 10% along with complete KYC.)
4. Details of partners along with details of controlling ownership.
5. Board Resolution (Should not be more than 6 months old)
6. Last 2 years' audit report.
   (In case the firm has been created for less than two years, then instead of the last two-year audit report, the concern can provide the Net worth Certificate from a Chartered Accountant with the UDIN number specified and income tax declaration on the partnership firm’s letterhead with authorized partner's seal and signature.)
   

FATCA Declaration

FATCA Declaration is Mandatory (PDF): As per current regulatory compliance, submission of the FATCA (Foreign Account Tax Compliance Act) declaration is compulsory for all account holders, including NRIs and residents. This ensures global tax transparency and is required at the time of account opening or updating KYC. To view Sample filled form of FATCA (PDF).

Jainam's Offline account opening forms

Jainam's Sample filled account opening form

• LLP Account 
• Attachments:
  1. Board Resolution
  2. List of Partner details 
  3. AUS Individual KRA
  4. profit sharing ratio
  5. FATCA-non-individual  
  6.  FATCA Instructions
  7. UBO declaration

• LLP  Account opening sample form
• Attachments:
  1. Board Resolution
  2. List of Partner details 
     
  3. Profit-sharing pattern
  4. UBO- declaration
  5. FATCA-non-individual