Purchase of shares by a indian ca prorietary firm

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

28 February 2012 can an Indian CA Proprietary firm become 100 percent share holder in UK limited company providing tax and accounting services and receive income in the form of dividend? We are a Indian prorietary CA firm and want to provide UK tax and accounting services in the form of limited company whose 100% share holder is Indian CA proprietary firm and income of UK limited company will be transferred to Indian Ca firm in the form of dividend. if this is not possible then can anyone suggest other format.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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08 April 2012 Why donot you form a LLP in UK in the name of your firm with your wife (if she is also a CA) after taking permission from the ICAI

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