Can a LLP or a company have a demat account?

 Yes, both Limited Liability Partnership (LLP) and a company can have a demat account. A demat account is a type of account that allows investors to hold their shares and securities in electronic form, as opposed to physical certificates.

For a LLP or a company to open a demat account, they will need to provide the necessary documentation such as PAN, TAN, GST, registration certificate and any other documents as per the requirement of depository participant (DP) or the stockbroker.

It's important to note that, only a company or LLP incorporated in India can open a demat account. Foreign companies or LLPs are not eligible for a demat account. It's advisable to seek professional guidance before opening a demat account and comply with all the rules and regulations.

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