Revised Form 18 to facilitate formation of MDP Firm of CAs in Practice

The Institute of Chartered Accountants of India
13th August, 2021

Announcement

Sub: Chartered Accountants (Amendment) Regulations, 2021 dated July 8, 2021

This has reference to the Notification No. 1-CA(7)/197/2021 dated July 08, 2021 published in the Gazette of India regarding the Chartered Accountants (Amendment) Regulations, 2021. Pursuant to these amendment Regulations, in the Chartered Accountants Regulations, 1988, in Schedule “A”, the existing Form 18 has been replaced by Revised Form 18 to facilitate formation of Multi-disciplinary Partnership Firm of Chartered Accountants in Practice.

In this regard, reference may be made to below cited documents:

1. The  Chartered Accountants (Amendment) Regulations, 2021 dated July 08, 2021

2. Guidelines for Formation of Multi-disciplinary Partnership as per the Chartered Accountants Act, 1949

3. Frequently Asked Questions (FAQs) on Multi-disciplinary Partnership Firm of Chartered Accountants in Practice (MDP CAs in Practice)

Acting Secretary, ICAI
The Institute of Chartered Accountants of India