A Chartered Accountant asked whether a Certificate of Practice (CoP) is necessary to start a private limited company offering management consultancy services. The consensus is that a CoP is not required for management consultancy, and the company can indeed advertise its services. This clarification aims to guide professionals looking to enter the management consultancy field.
I am a Chartered Accountant and NOT holding CoP. I want to start a Private Limited company for Management Consulting Services. Should I need to apply for CoP first? Further, can I advertise my company? Thank you.