• Lifestyle
    • All
    • Fashion
    • Food
    • Health
    Your Home or Business

    The Best Shower Rail Set for Your Home or Business.

    Double-Sided Acrylic Keychains

    The Double-Sided Acrylic Keychains And Charms Can Make You Amused

    5 Common Symptoms of Eye Problems

    5 Common Symptoms of Eye Problems

    Onion and apple cide anti hairfall shampoo

    Natural Ways to Improve Your Hair Growth: Onion & Apple Cider

    Top Tips to Prepare for Your Wrestling Training

    Top Tips to Prepare for Your Wrestling Training

    Reasons Why Kids Love Stuffed Teddy Animals

    Reasons Why Kids Love Stuffed Teddy Animals

    How to Compose an Essay in a Manner That Is Both Less Taxing and More Productive Using a Couple of Simple Methods

    The absolute maximum time that should be spent writing an essay is no more than 10 minutes at the very most.

    Benefits of a Liposuction treatment

    Benefits of a Liposuction treatment

    dental check ups

    Get Over Your Fear Of The Dentist In 2022

  • Business
    XIRR in Mutual Funds

    Calculate returns on investments through XIRR in Mutual Funds

    Arabic Instagram likes

    Purchase Arabic Instagram likes

    Instagram

    Arab Instagram likes

    3 Simple Steps to Starting a Fix and Flip Business

    3 Simple Steps to Starting a Fix and Flip Business

    Evaluation of the best cases for the Airpod Pro

    Evaluation of the best cases for the Airpod Pro

    Enterprise SEO Services Help Your Clients Scale Their Business

    How Can Enterprise SEO Services Help Your Clients Scale Their Business?

    Why Consult Professional Advisors?

    Why Consult Professional Advisors?

    How to Evaluate Your Rental Business’s Performance

    How to Evaluate Your Rental Business’s Performance

    Consider Outsource Website Development

    Why Every Digital Agency Should Consider Outsource Website Development.

  • Entertainment
    • All
    • Games
    3 best city building games for Android

    3 best city building games for Android

    Activision

    Activision Success Story

    Indigo Prophecy Remastered

    Indigo Prophecy Remastered is a mystery game.

    How to get to Tsurumi Island in Genshin Impact Map?

    How do You Get to Tsurumi Island?

    audio equipment

    Why should you rent audio equipment in London?

    What Are Custom Essay Writing Services?

    How to Watch Formula One Live – Watch Formula One Live TV

  • Celebrity
    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Georges Seurat’s Mysterious Death

    Georges Seurat’s Mysterious Death

    mercedes moore

    Mercedes Moore – {Bio, Age, Instagram, Spouse, Networth}

  • Digital Marketing
    • All
    • Social Media
    The All-Inclusive, Easy-to-Follow, Step-by-Step Guide to Writing an Essay in Lower Than One Hour and Ten Minutes

    7 Best Ways to Use Content Marketing for Startups

    Increase Instagram Views

    How to Increase Instagram Views? Try 7 Proven Methods

    SEO Best Practices

    SEO Best Practices: How to Update Old Content and Keep Your Rankings Up

    instagram followers

    Now Is The Time For You To Know The Benefits About Instragram Followers Free

    Create Engaging TikTok Videos

    How To Create Engaging TikTok Videos?

    Photoshop

    5 Great Websites To Learn Photoshop Skills & Earn

  • Technology
    Lamzocco in Saudi Arabia

    Reasons to Take La Marzocco in Saudi Arabia

    Common CPU issues fixed at computer repair in Vivian Street Wellington

    Five Manageable Strategies to Preserve on Electricity Bills

    Unlock The iPhone

    5 Ways To Unlock The iPhone Without A Password

    Common CPU issues fixed at computer repair in Vivian Street Wellington

    Common CPU issues fixed at computer repair in Vivian Street Wellington

    3 best city building games for Android

    3 best city building games for Android

    Authorised Person

    Registration Process of an Authorised Person

    Best VPN to Unblock Content on Windows for Free in 2022

    Best VPN to Unblock Content on Windows for Free in 2022

    lithium battery

    Defining A Modern Marine Grade Lithium Battery

    Apple Phone Repair

    Guidelines For Choosing a Shop For Apple Phone Repair in Land O Lakes

  • Travel
    Luxurious Hotel In Jaipur

    Enjoy Exceptional Services In The Luxurious Hotel In Jaipur

    Coorg-A paradise

    Coorg-A paradise for tourists to rejuvenate their minds

    Spain train

    Spain train tickets all you need to know

    trip to Disneyland

    How to enjoy a perfect trip to Disneyland?

    Trip To Pune

    What Makes The Trip To Pune Great Excitement For The Tourists?

    Umrah Package

    Why the 5 star Umrah Package in 2022 is the Perfect Gift for Ramadan

    road trip

    Road Trip To Take From Delhi On A Weekend

    andaman honeymoon package

    Have a look at your beautifully planned 7 days Andaman honeymoon package

    Airbag Deactivation

    Airbag Deactivation – When is It Suitable?

  • Crypto
    Where to Buy Cryptocurrency

    How Can Cryptocurrency Fraud Be Prevented?

    Mistakes to avoid before opening stock trading franchise

    Mistakes to avoid before opening stock trading franchise

    How to Avoid Scams in Forex Trading 

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    How to Avoid Scams in Forex Trading 

    How to Avoid Scams in Forex Trading 

    Trade KuCoin

    Why Should You Trade KuCoin?

    All The Highs And Lows That Bitcoin

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    Where to Buy Cryptocurrency

    Where to Buy Cryptocurrency – Insights for Enthusiasts

    Cryptocurrencies

    Is Bitcode AI The Best Robot For Trading Cryptocurrency?

    Cryptocurrency Pricing

    Cryptocurrency Pricing and Options: What to Look Out For.

No Result
View All Result
Hub Blogging
  • Lifestyle
    • All
    • Fashion
    • Food
    • Health
    Your Home or Business

    The Best Shower Rail Set for Your Home or Business.

    Double-Sided Acrylic Keychains

    The Double-Sided Acrylic Keychains And Charms Can Make You Amused

    5 Common Symptoms of Eye Problems

    5 Common Symptoms of Eye Problems

    Onion and apple cide anti hairfall shampoo

    Natural Ways to Improve Your Hair Growth: Onion & Apple Cider

    Top Tips to Prepare for Your Wrestling Training

    Top Tips to Prepare for Your Wrestling Training

    Reasons Why Kids Love Stuffed Teddy Animals

    Reasons Why Kids Love Stuffed Teddy Animals

    How to Compose an Essay in a Manner That Is Both Less Taxing and More Productive Using a Couple of Simple Methods

    The absolute maximum time that should be spent writing an essay is no more than 10 minutes at the very most.

    Benefits of a Liposuction treatment

    Benefits of a Liposuction treatment

    dental check ups

    Get Over Your Fear Of The Dentist In 2022

  • Business
    XIRR in Mutual Funds

    Calculate returns on investments through XIRR in Mutual Funds

    Arabic Instagram likes

    Purchase Arabic Instagram likes

    Instagram

    Arab Instagram likes

    3 Simple Steps to Starting a Fix and Flip Business

    3 Simple Steps to Starting a Fix and Flip Business

    Evaluation of the best cases for the Airpod Pro

    Evaluation of the best cases for the Airpod Pro

    Enterprise SEO Services Help Your Clients Scale Their Business

    How Can Enterprise SEO Services Help Your Clients Scale Their Business?

    Why Consult Professional Advisors?

    Why Consult Professional Advisors?

    How to Evaluate Your Rental Business’s Performance

    How to Evaluate Your Rental Business’s Performance

    Consider Outsource Website Development

    Why Every Digital Agency Should Consider Outsource Website Development.

  • Entertainment
    • All
    • Games
    3 best city building games for Android

    3 best city building games for Android

    Activision

    Activision Success Story

    Indigo Prophecy Remastered

    Indigo Prophecy Remastered is a mystery game.

    How to get to Tsurumi Island in Genshin Impact Map?

    How do You Get to Tsurumi Island?

    audio equipment

    Why should you rent audio equipment in London?

    What Are Custom Essay Writing Services?

    How to Watch Formula One Live – Watch Formula One Live TV

  • Celebrity
    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Nate Bargatze Is a Great, Fidgety Host for the Tennessee Kid

    Georges Seurat’s Mysterious Death

    Georges Seurat’s Mysterious Death

    mercedes moore

    Mercedes Moore – {Bio, Age, Instagram, Spouse, Networth}

  • Digital Marketing
    • All
    • Social Media
    The All-Inclusive, Easy-to-Follow, Step-by-Step Guide to Writing an Essay in Lower Than One Hour and Ten Minutes

    7 Best Ways to Use Content Marketing for Startups

    Increase Instagram Views

    How to Increase Instagram Views? Try 7 Proven Methods

    SEO Best Practices

    SEO Best Practices: How to Update Old Content and Keep Your Rankings Up

    instagram followers

    Now Is The Time For You To Know The Benefits About Instragram Followers Free

    Create Engaging TikTok Videos

    How To Create Engaging TikTok Videos?

    Photoshop

    5 Great Websites To Learn Photoshop Skills & Earn

  • Technology
    Lamzocco in Saudi Arabia

    Reasons to Take La Marzocco in Saudi Arabia

    Common CPU issues fixed at computer repair in Vivian Street Wellington

    Five Manageable Strategies to Preserve on Electricity Bills

    Unlock The iPhone

    5 Ways To Unlock The iPhone Without A Password

    Common CPU issues fixed at computer repair in Vivian Street Wellington

    Common CPU issues fixed at computer repair in Vivian Street Wellington

    3 best city building games for Android

    3 best city building games for Android

    Authorised Person

    Registration Process of an Authorised Person

    Best VPN to Unblock Content on Windows for Free in 2022

    Best VPN to Unblock Content on Windows for Free in 2022

    lithium battery

    Defining A Modern Marine Grade Lithium Battery

    Apple Phone Repair

    Guidelines For Choosing a Shop For Apple Phone Repair in Land O Lakes

  • Travel
    Luxurious Hotel In Jaipur

    Enjoy Exceptional Services In The Luxurious Hotel In Jaipur

    Coorg-A paradise

    Coorg-A paradise for tourists to rejuvenate their minds

    Spain train

    Spain train tickets all you need to know

    trip to Disneyland

    How to enjoy a perfect trip to Disneyland?

    Trip To Pune

    What Makes The Trip To Pune Great Excitement For The Tourists?

    Umrah Package

    Why the 5 star Umrah Package in 2022 is the Perfect Gift for Ramadan

    road trip

    Road Trip To Take From Delhi On A Weekend

    andaman honeymoon package

    Have a look at your beautifully planned 7 days Andaman honeymoon package

    Airbag Deactivation

    Airbag Deactivation – When is It Suitable?

  • Crypto
    Where to Buy Cryptocurrency

    How Can Cryptocurrency Fraud Be Prevented?

    Mistakes to avoid before opening stock trading franchise

    Mistakes to avoid before opening stock trading franchise

    How to Avoid Scams in Forex Trading 

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    How to Avoid Scams in Forex Trading 

    How to Avoid Scams in Forex Trading 

    Trade KuCoin

    Why Should You Trade KuCoin?

    All The Highs And Lows That Bitcoin

    Here Are All The Highs And Lows That Bitcoin Has Gone Through

    Where to Buy Cryptocurrency

    Where to Buy Cryptocurrency – Insights for Enthusiasts

    Cryptocurrencies

    Is Bitcode AI The Best Robot For Trading Cryptocurrency?

    Cryptocurrency Pricing

    Cryptocurrency Pricing and Options: What to Look Out For.

No Result
View All Result
Hub Blogging
No Result
View All Result

Registration Process of an Authorised Person

July 16, 2022
Authorised Person

Starting in the stock market can be very nerve-racking; being an Authorised Person is one of the easiest ways to get to the high road as it earns huge revenue in commissions ranging between 60%-90% and enjoys tons of benefits from the brokerage. 

Who is an Authorised Person?

An Authorised Person is a professional registered with SEBI and is appointed by stock brokers and Trading firms who provides access to trading platforms of the stock exchange to the clients as an agent of the stock broker is classified as an authorised person. 

An authorised person earns fees, commission, salary and stocks from the stockbroker. All his earnings come from the brokerage stock broker makes and not from the clients.

Difference Between Sub-broker Vs an Authorised Person

A sub broker works under the brokerage and sells or buys equity on behalf of a client. On the other hand, authorised persons are appointed by stock brokers to provide the client with the trading platform. Authorised persons can trade in equity, mutual funds, futures and options, everything the stock broker offers, while sub-brokers generally only trade in equity.

Before, the authorised person could work only with registration under the stockbroker, but after August 2018, both sub-broker and authorised person must register themself with SEBI or shut their business. 

Eligibility Criteria of Becoming an Authorised Person

As per SEBI, a person who wants to be appointed as an authorised person should be:

  • Citizen of India.
  • Over 18 years old.
  • 10th standard qualified or equivalent examination.
  • Should not have any criminal or offence record.
  • Should have relevant experience and infrastructure to operate as an authorised person

For a Partnership Firm or Body Corporate, They Have to be:

  • First and foremost, they should be a resident of India.
  • Affiliated with a partnership firm registered under the Indian Partnership Act of 1932
  • A Limited Liability Partnership (LLP) registered under the Indian Limited Liability Partnership Act of 2008.
  • A legal entity established under the Indian Companies Act of 1956.

Documents Required for Registration

  • A CA-certified balance sheet, profit & loss account, and the Schedules annexed.
  • A signed statement from the Authorised Person stating that he is willing to act as one and would follow all applicable requirements.
  • PAN Card
  • DOB Proof
  • Address Proof
  • Academic qualification Proof
  • Proof of Experience, i.e. the person should possess at least 2 years of experience in dealing with securities.
  • Bank Draft or Cheque.
  • GST form or certificate if applicable.

Fees

  • Processing fees of Rs. 10,000 plus GST
  • Admission fees of Rs. 5,00,000 plus GST (Except “Only Debt”)
  • Admission fees of Rs. 1,00,000 plus GST (For “Only Debt)

The Registration Process for an Authorised Person

The Registration process can seem a bit too long, but when you go one step at a time, you will become an Authorised person in no time.

  1. Choose the stockbroker of your choice who you want to be affiliated with.
  2. Connect with the stock broker and discuss roles and revenue-sharing model details.
  3. Provide all the required documents to the stockbroker
  4. The stockbroker will verify your documents and run a background check on you, and if he sees you as a candidate, they will provide you with an AP agreement.
  5. Then The stockbroker will help you register on a stock exchange.
  6. After filling out the application for the stock exchange, you will upload scanned copies of the required documents.
  7. The stock exchange will verify your documents, and you will be approved.

After you get the approval and become a stock exchange registered AP, you can set up your business and enjoy the high revenues. 

Read more interesting articles at Hub Blogging

Share122Tweet76Share30
Hub Blogging

Hub Blogging

Hub Blogging is an online blogging platform that is dedicated to providing knowledgeable articles to its audience in an exciting as well as informative tone. Keep Connected With Us!

Related Posts

Lamzocco in Saudi Arabia
Technology

Reasons to Take La Marzocco in Saudi Arabia

August 11, 2022

It is the age of technology and there are several inventions that are in great demand. The La Marzocco in Saudi Arabia do not require any introduction as a result of the distinction of tools and the immeasurable interest. All...

Common CPU issues fixed at computer repair in Vivian Street Wellington
Technology

Five Manageable Strategies to Preserve on Electricity Bills

August 9, 2022

Are you aware that there are a few manageable strategies advised by Simply Switch? You could make the most of the strategies to conserve your electricity charges substantially? Well, it is those that we are presently going to analyze. ...

Unlock The iPhone
Technology

5 Ways To Unlock The iPhone Without A Password

August 2, 2022

Have you forgotten your iPhone Password? You do not need to worry because, in this article, you will learn five easy ways to unlock your iPhone without a Password. If you are interested in learning these methods, stay with...

Common CPU issues fixed at computer repair in Vivian Street Wellington
Technology

Common CPU issues fixed at computer repair in Vivian Street Wellington

August 1, 2022

The Central Processing Unit, or CPU, is the "brain" of any electronic device. The processor is the computer's heart and is in charge of all processing and computations. CPUs fail as infrequently and catastrophically as any other computer component....

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

About Us

Hub Blogging

Hub Blogging

A Blogging Platfrom

Hub Blogging is an online blogging platform that is dedicated to providing knowledgeable articles to its audience in an exciting as well as informative tone. Keep Connected With Us!

Categories

  • Business (339)
  • Celebrity (3)
  • Cryptocurrency (23)
  • Digital Marketing (75)
  • DIY (3)
  • Education (68)
  • Entertainment (28)
  • Fashion (43)
  • Food (13)
  • Games (19)
  • General (78)
  • Health (142)
  • Home Improvement (85)
  • Lifestyle (149)
  • Social Media (21)
  • Technology (191)
  • Travel (37)
  • Uncategorized (121)
  • Website Review (2)

Popular

  • News Phxfeeds Com

    News Phxfeeds Com: Find Valid Info Here!

    408 shares
    Share 163 Tweet 102
  • Pikashow APK Download (Mod, Live IPL 2022) 75.0

    331 shares
    Share 132 Tweet 83
  • TikTok Hot or Not Composite Images: Read to Know What It Is?

    329 shares
    Share 132 Tweet 82
  • How to Register on Wpc2029 live? Read Details Here!

    321 shares
    Share 128 Tweet 80
  • What Is On-Premise Payroll Software?

    320 shares
    Share 128 Tweet 80
  • Privacy Policy
  • Write For Us
  • About Us
  • Contact Us

© Hub Blogging Copyright 2022. All Rights Reserved.

No Result
View All Result
  • Lifestyle
  • Business
  • Entertainment
  • Celebrity
  • Digital Marketing
  • Technology
  • Travel
  • Crypto