Forming A Prop Trading Firm (LLP)

General
41

Thank you sir,

Instead of a Partnership firm, can we form an LLP for trading as the only purpose?

In LLP also 50% of income comes from a trading activity means we might have to get an NBFC license?

1 Like
42

You can’t have the objective of an LLP as “investment/Trading”. You can potentially start an LLP with a different objective and still trade/invest. But this opens up potential future issues.

2 Likes
43

Sir, If i have a LLP and do not take any money from investors, can all the directors trade using the LLP Demat and own money?

44

In this case partnership won’t do?

45

Procedure to open Partnership Firm Trading and Demat Account.

46

@nithin How can one setup an AIF and what are the requirements and compliances?

47

You will have to search on the SEBI website for Cat 3 AIF. Here are a couple of links to get you started.

2 Likes
48

A CEO on the Forbes list, personally and thoughtfully responding to forums? I never imagined it was possible. Seeing, however, is believing.

4 Likes