Foreign Investor will have to fill up customer account information and submit to Sheltech Brokerage. The form needs to be filled and signed by authorized personnel. Attachments of required documents are also necessary. It should be noted that, form is different for individual and institutional investors and needs to be collected from Sheltech Brokerage. The process and required documents are as below.
|For Foreign Institutions||For Foreign Individuals|
|Collect Foreign Institutional Form||Collect Foreign Individual Form|
|Fill up the form and sign by authorized personnel||Fill up the form and sign by authorized personnel|
|A copy of the Memorandum and Articles of Association of the company.||
|A copy of the Certificate of Incorporation of the company.||
Two colored passport size photograph.
|A copy of the Authorization/Board Resolution to open and operate the account with us.||
For introduction, individual investors have to use lawyers/accountant/auditor or any competent authority as Introducer.
|A copy of the Authorization/Board Resolution authorizing the executives to operate the account, including their photographs.|
|Client needs to submit the Hard Copy of the form||Client needs to submit the Hard Copy of the form|
BO Account opening
BO account opening needs a foreign investor to open a custodian account with any one of the local and foreign custodian banks. The custodian normally would handle the other required accounts such as Cash or NITA account, Securities account and F/C account.