CA & CS LLP

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Yes, Chartered Accountants (CAs) and Company Secretaries (CSs) can now start Limited Liability Partnerships (LLPs) following recent regulations. The Institute of Chartered Accountants of India (ICAI) updated Form 18 on July 8, 2021, permitting CAs to partner with various professionals, including CSs, in multi-disciplinary firms. It's recommended to obtain name approval from the CA institute first and then check with the ICSI for their specific guidelines.

HARISH BHATIA

HARISH BHATIA (Querist)

21 June 2022 Dear Sir / Mam,

as per present regulation of the ca & cs Institutes, can CA & CS start LLP now, if yes kindly Guide the procedure to be followed and which institute to be applied first

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

21 June 2022 Yes, ICAI has issued a notification. No. 1-CA(7)/197/2021, dated July 8, 2021, notifies the updated format of FORM 18 (Intimate PARTICULARS OF OFFICES AND FIRMS) and changes thereto. From July 8, 2021, the revised form 18 will be in effect.
The Chartered Accountants (Amendment) Regulations, 2021, are a regulation that modifies the form. With the new regulation, the ICAI now allows CAs to collaborate with CMAs, Company Secretaries, Advocates, Engineers, Architects, and MBAs in Multi-Disciplinary Partnership Firms.

HARISH BHATIA

HARISH BHATIA (Querist)

21 June 2022 Sir, are there any Guidelines Regarding This from ICSI also Confirm we have to take name approval from both Institutes , from name application which institute we have to move First

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

21 June 2022 Get name approval from CA institute.
Check it with ICSI about it's guide lines.

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