Commission income

Whether CA can earn a commission from a job recruitment company. A commission will be recieved by CA only when candidate is recruited successfully.

Reply in both way as a practicing CA and as a non practicing CA.
Replies (4)
Quick Summary
This discussion examines whether Chartered Accountants (CAs) can earn commission from job recruitment companies, particularly when a candidate is successfully placed. It considers the implications for both practicing and non-practicing CAs, noting that such income could be viewed as variable consideration. The general consensus suggests that if employment contracts do not prohibit it, non-practicing CAs are likely free to pursue this, while practicing CAs may also be able to, provided their contracts allow for external activities.

It is variable consideration. But employees cannot do other businesses just like how they cannot invest in competitors shares I guess. If your employment contract doesn’t state that, then you can do recruitment.

There are no boundaries to earn commission by non practitioners.

For practicing CA?

I think you can do it. If your employment contract doesn’t explicitly state that you cannot work anywhere.

I think this is also like helping students and similar to giving tuitions. Sometimes, people run family business as well. So, there shouldn’t be a problem.

Thankyou

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