Is CoP required for Management Consultancy?


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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.

06 April 2023 Dear Professionals,

Request you to please guide me on below:

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.

07 April 2023 No need for COP in such a case.
Yes, you can advertise your company it's only management consultancy.

07 April 2023 Thank you very much, Seetharaman sir for your guidance.

07 April 2023 You are welcome..
..


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