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Incorporation of CO/LLP
can a CS & CA incorporate a co/ llp for working together.
Replies (5)
Quick Summary
CS and CA may be directors of a company or LLP.
Yes they can incorporate
Yes they can incorporate
Thanks for reply & giving me valuable information. please tell me about the required formalities and extra permission that we have to taken from both institute.
For becoming directors of company by a CA doesn't require to take permission from ICAI
You are not required any permission unless you are in practice
Yes, a CS and CA can jointly form a company or LLP for providing professional or consultancy services, as long as it’s permitted under their respective professional regulations and the entity’s objects align with those services. In addition, they must also comply with the Companies Act or LLP Act, 2008 and obtain necessary approvals, if required, from ICSI and ICAI. However, consulting an experienced business formation company like Setindiabiz or any other reputed name is crucial.
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