Public ID: PID-9JK5WB
Restriction on overseas audit companies to operate in India and sign audit reports for Indian companies
Trade barrier summary
Regulations are in place for Indian companies to be prevented from having their audit reports signed by member companies of international networks, many of whom are internationally recognised. This Is applied in conjunction with a requirement for internationally-based companies to report to the Ministry of Corporate Affairs and the Institute of Chartered Accountants of India (ICAI).
- Financial and professional services
24 June 2019
18 December 2020