Can a partnership firm open a demat and trading account?

Yes, a partnership firm can open a Demat and trading account. The trading account is opened in the name of the firm, while the Demat account is held in the names of the partners ( If firm is registered & client submit certificate of registration then demat can be open in the name of registered partnership firm). To complete the process, essential documents are required, including the partnership deed, firm registration certificate, PAN card of the firm, and identity and address proofs of all partners, along with passport-sized photographs and KYC compliance.