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How can a ca be founder in pvt ltd co. with full time cop??

dev (partner) (51 Points)

11 May 2016

Hello Everyone,

I am trying to find your answer of this query from a long time but could not find.can anyone help me ?

My question is-

How Can a CA who holds full-time COP start a private limited company which will provide accounting and registrations service.If you say it's not possible then there are 2 links where a practicing ca is doing same work which I want to do.

https://www.quickcompany.in/

https://www.hubco.in/

Can anyone help me whether I need to take permission of ICAI ?

Thanks in Advance!!!

CA Dev

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7 Replies

husain kachwala (Chartered Accountant) (44 Points)
Replied 11 May 2016

as per icai guidelines CA can be full director in a company either promoter or not, for which no specific permission is required.

as per Guidlines CA can do long list of services in corporate form but he can no do work which requires CA attestation.

dev (partner) (51 Points)
Replied 14 May 2016

Tnx Husain for the reply.

as per ICAI guidelines CA can be a full director in a company either promoter or not, for which no specific permission is required.

Can he become partner as well ??

as per the Guidelines, CA can do a long list of services in corporate form but he can no do work which requires CA attestation.

I have checked the guidelines to work as MCS but there is nothing mention for specific service which I mentioned through web link.