300+ clients satisfied

WANT TO BECOME SEBI REGISTRED RESEARCH ANALYST?

Complete Step-by-Step Process, Eligibility, Documents, Fees & Timelines

Explore – Helpful Resources & Guides

Curated learning cards to help you get started quickly.

Keep exploring to build a compliant, trusted, and high-income career.

Watch Our Video

Click to watch our latest update

Learn How to Become SEBI Registered Research Analyst – Step Into a Legal Finance Career

If you've been sharing market opinions, stock recommendations, or trading insights online, it's time to understand how to become SEBI registered research analyst and start doing it legally.

SEBI Registration

SEBI Registration

As per SEBI Research Analyst Regulations, anyone who issues buy, sell, or target price recommendations must hold valid SEBI registration.

Simply adding a disclaimer like "for educational purposes" doesn't protect you.
Risks of Unregistered Advisory

Risks of Unregistered Advisory

Unregistered advisory activity can result in SEBI penalties, inspections, and even blacklisting-as seen in several SEBI registered cases and SEBI non-registered

Unregistered advisory activity can lead to SEBI penalties, inspections, and blacklisting.
High Demand & Opportunity

High Demand & Opportunity

With only around 1,700 SEBI-registered Research Analysts in India, there's a significant gap between demand and qualified professionals.

This gap is your opportunity to build a trusted, compliant, and high-income career.
Info

Step into a legal finance career by becoming SEBI registered. Build a trusted, compliant, and high-income career as a Research Analyst.

Why SEBI Registration Matters

Under SEBI Research Analyst Regulations

The SEBI Research Analyst Regulations were introduced to protect investors from unverified and misleading stock recommendations. By becoming a SEBI Registered Research Analyst, you gain:

Icon

Legal authority to publish or share stock tips

Icon

Credibility among clients and investors

Icon

Protection from SEBI inspection or legal penalties when compliant

Icon

Access to business models like subscription services or portfolio reviews

Why SEBI
Icon

Becoming a registered analyst also opens doors to expanding your service offerings under the Portfolio Management Scheme SEBI framework, where research expertise is highly valued.

Step-by-Step Process:

How to Become SEBI Registered Research Analyst

1

Prepare the Required Documents

Before applying for SEBi registration, ensure the following documents are ready:

  • For Individual SEBI Registration:
  • PAN Card and Aadhaar Card
  • GST Certificate (or declaration if not applicable)
  • Address Proof (ownership or rental documents with NOC)
  • Educational Certificates (Graduation, Post-Graduation, and NISM Research Analyst
  • Certificate | (we prepare these for you)
  • Internal Policies and Standard Disclosures (we prepare these for you)
  • Bank Statement and infrastructure Details-common reason for rejections)
  • For Company SEBI Registration:
  • Company PAN Card
  • Aadhaar and PAN of all Directors and Shareholders
  • GST Certificate or NOC)
  • Certificate of Incorporation & MOA
  • GST Certificate or NOC)
  • Certificate of Incorporation & MOA
  • Shareholding Certificates.
  • Business Plan + Client Acquisition Strategy
2

Apply on the BSE Intermediary Portal

Visit BSE Intermediary Portal, select "Research Analyst", and create your profile. Fill out the online form and upload all documents as per the latest SEBI research analyst regulations.

3

Submit Application & Declarations

Submit the completed form along with declarations and supporting documents. SEBI and BSE authorities will review your app lication. In some cases, a SEBI inspection may be conducted to verify the authenticity of your details or infrastructure.

SEBI Registered Cases vs SEBI Non-Registered Cases – The Legal Difference

Many professionals misunderstand the risk of operating without registrastion. Let's clarify:

SEBI Registered Cases

These involve analysts who are registered and compliant but may face inspections for procedural errors. Usually, issues are resolved with minor corrections.

  • Registered and compliant
  • May face inspections for procedural areas
  • Mostly minor corrections & warnings
VS

SEBI Non-Registered Cases

These involve unregistered individuals or influencers providing stock tips illegally. SEBI has imposed strict penalties, bans, and legal proceedings on such cases.

  • Unregistered and illegal
  • Strict penalties, bans, & legal proceedings
  • Severe penalties & legal action

Benefits of SEBI Registered Research Analyst Certification

Many professionals misunderstand the risk of operating without registration. Let's clarify:

100% Legal Authority

  • 100% Legal authority to provide stock and investment recommendations
  • Build your advisory, subscription, or influencer-based business
  • Operate part-time or full-time

Lucrative Income Streams

  • Serve over 5 crore Indian investors
  • Create recurring income streams through retainers or packages
  • Low competition — only around 1,700 registered analysts

Credibility & Safety

  • Strong professional credibility among investors and institutions
  • Freedom from SEBI penalty or compliance risks

High Demand & Freedom

  • Low competition — only around 1,700 registered analysts
  • Freedom from SEBI penalty or compliance risks

Documents Required for SEBI Registration

You'll need:

Graduation Certificate

NISM Research Analyst Exam (Series 15) Certificate

PAN & Aadhaar

Address Proof

Business Plan and Declarations

Our team prepares and formats every document as per BSE and SEBI requirements, reducing rejection risks and ensuring smooth approval.

Why Choose Taxation Consultancy

With years of experience in SEBI compliance, Portfolio Management Scheme SEBI, and registration processing, we've helped hundreds of finance professionals become SEBI-registered successfully.

Why Choose Taxation Consultancy

Our services include:

Application Drafting and Filing

Professional and accurate drafting of SEBI registration.

Business Plan Preparation

Meticulous business plan tailored to meet SEBI requirements.

Legal Consultation

Consultation with SEBI advocates to ensure regulatory compliance.

Continuous Compliance Support

We provide complete end-to-end compliance support so you can focus on your clients and business.

What Our Clients Say

Hear from our satisfied clients and their success stories

SHASHANK UDUPA

I applied for my SEBI Research Analyst license without knowing where to start, as the process is lengthy and compliance-heavy. Taxation Consultancy guided me at every step, from application to approval, with exceptional support—even on weekends. They patiently answered all my queries, helped with follow-ups, and continue to assist me with post-registration compliances, especially for my YouTube content. Their end-to-end guidance made the entire journey smooth and stress-free. I highly recommend them to anyone planning to become a SEBI-registered Research Analyst.

SHASHANK UDUPA

SHASHANK UDUPA

TEAM VAYU CAPITAL,STOCK MARKET EDUCATOR AT THE ONE PERCENT CLUB

SIDDHARTH BHANUSHALI

After clearing our exam, we were looking to obtain a corporate license and soon realized how lengthy and complex the process was. Taxation Consultancy supported us at every step — from pre-registration to post-registration compliances. Even after receiving the license ID, their team guided us through the remaining formalities required to obtain the final certificate. The entire experience was smooth and well-structured. For anyone seeking SEBI registration, whether individual or non-individual, Taxation Consultancy is a reliable and experienced choice.

SIDDHARTH BHANUSHALI

SIDDHARTH BHANUSHALI

DIRECTOR OF SIDDHARTH BHANUSALI ADVISORY PRIVATE LIMITED

Utkarsh Bhadauria

Excellent knowledge and very professional service. The team has clear answers to every query and provides complete handholding throughout the process. Calm, supportive, and timely in execution. Truly reliable guidance—thank you, Taxation Consultancy.

Utkarsh Bhadauria

Utkarsh Bhadauria

Partner of Ebullient Consultancy LLP

MANISH AHUJA

Taxation Consultancy provides comprehensive SEBI registration and compliance services. Their team assisted us with end-to-end SEBI Research Analyst registration, including documentation, BSE coordination, SEBI filings, and timely follow-ups. Post-registration compliances such as periodic reporting, disclosures, and regulatory guidance were handled efficiently. Their structured process, regulatory expertise, and prompt support make them a dependable partner for SEBI registrations and ongoing compliance management for both individual and non-individual entities.

MANISH AHUJA

MANISH AHUJA

DIRECTOR OF INTELLIRECOMMEND RESEARCH PRIVATE LTD

RAJAN MALHOTRA

StockBox Technology Pvt. Ltd. engaged Taxation Consultancy for SEBI-related advisory and compliance support. Their team demonstrated strong regulatory expertise, ensured smooth coordination with exchanges, and handled documentation and filings with precision. The structured approach, timely updates, and continued post-registration compliance assistance made the entire process efficient and reliable. Taxation Consultancy stands out as a dependable partner for SEBI registrations and ongoing regulatory compliance.

RAJAN MALHOTRA

RAJAN MALHOTRA

DRIRECTOR OF MEHAK WEALTH INVESTMENT ADVISORS PVT LTD

SANIKA KARNIK

When SEBI’s action on influencers created uncertainty, I was unsure about my future. After multiple failed attempts in 2022, I finally connected with Taxation Consultancy. Their team handled everything with clarity and patience, making the entire SEBI registration process smooth and stress-free. Even post-registration compliances, which are often overlooked, are managed with continuous guidance. Getting associated with Taxation Consultancy was truly one of the best decisions I made.

SANIKA KARNIK

SANIKA KARNIK

DIRECTOR / RANGAONE FINWALA PRIVATE LIMITED

Frequently Asked Questions

No. As per SEBI Research Analyst Regulations, disclaimers don’t protect you. You must register before offering buy/sell/target advice.