Newly incorporated company

Can a newly incorporated Pvt Ltd ompany open trading account with zerodha and trade f&o…source of funds (for use as margin) would be shareholder loans or loan from directors besides equity ? It won’t have 6 months account statement …directors and shareholders would be able to furnish their own bank statements and IT returns if required …

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Yes, a newly incorporated company can open an account. Check the below link and raise a ticket if need any assistance.

there is a requirement for last 3 years audited financials that don’t exist. How is that addressed ? also hope F&O trading is also allowed…

If the Company is newly incorporated, then a net worth certificate from a Chartered Accountant and an Income Tax Return declaration is required. If the return hasn’t been filed, a declaration of Income Tax returns has to be submitted

I have one more query on this. Can the directors transfer their equity holdings in their personal names to the name of the company?

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