Question ID : 44643

CA can partner with another professionals. if already partner with any CA firm

Sir I am Partner with one of the ca firm and want to make LLP or Company with another professional like CS, Advocate, cost accountant for any other legal services. Sir want to know can I do this. And what's impacts in my existing CA firm.

CA can form multi disciplinary partnership with other professionals such as CS, Advocate, Cost Accountants etc. But only form of partnership and LLP is allowed. But it cannot be formed as a company. MDP can formed by continuing existing CA form and forming new MDP or by conversion of existing CA firm into MDP CA. If existing firm is not converted into MDP, it will be continued as CA firm and it will have no impact.