19 October 2013
I BEING APPROACHED TO UNITED BANK OF INDIA FOR THE OPENING OF CURRENT ACCOUNT OF MY FIRM. BUT THEY ASKED ME TO PRODUCE TRADE LICENCE , BEING A PROFESSIONAL HOW CAN I PRODUCE TRADE LICENCE AS I AM NOT TRADER.
a Chartered Accountant in practice is not required to obtain any trade licence for practicing as a professional. The certificate of practice issued by the Institute is the only requirement to practice as a Chartered Accountant.