The Institute of Chartered Accountants of India ( ICAI ) is opening Representative offices in Jurisdiction where currently the ICAI overseas chapters cannot be formed.
The ICAI President CA Atul Kumar Gupta said that, ICAI is opening representative offices in the jurisdiction where currently the ICAI overseas Chapters cannot be formed. The objective of setting up of the Representative Office is to have a nodal point of ICAI in that jurisdiction and work towards the formation of an ICAI Chapter, over a period of time.
ICAI has initiated the formation of representative offices in Ghana (Acra); Rwanda (Kigali); Mauritius (Port Lious); South Africa (Durban); South Africa (Johannesburg); Egypt (Cairo); Chicago, Dallas, Houston, Texas, New England Region and Washington DC (USA) and many more are in anvil. Also in Fujairah, UAE, ICAI is going to inaugurate its 36th Chapter thus adding its 4th Chapter in the United Arab Emirates.
He also said that, It is our continuous mission and drive to have more and more presence at a global level to create awareness and global opportunities for the Indian accounting professionals. We believe that presence at strategic locations will help us take this objective forward and the second overseas office of ICAI that has been set up in Singapore is a step in this direction.
ICAI has a presence of about 2000+ members in ASEAN countries and an ICAI office in Singapore would enhance the brand image of CA India in the Association of Southeast Asian Nations (ASEAN) countries as well as in other Asia Pacific countries. The office would also be useful for member related areas and in restoring the membership in these countries. It would also help them in maintaining good relations with professional accounting organisations in these countries.
