Section 17-2542. PARTNERSHIP AND CORPORATE PRACTICE: REQUIREMENTS TO PRACTICE IN THE DISTRICT

 

2542.1No sole proprietorship, partnership, limited partnership, limited liability partnership, or professional corporation shall hold itself out as engaged in certified public accounting, nor shall it render any professional services requiring licensure under this chapter and the Act, unless it is registered and holds a permit issued under this section.

 

2542.2The Board shall register a sole proprietorship, partnership, limited partnership, limited liability partnership, or professional corporation if it finds the following:

 

(a)That applicant has organized and exists as:

 

(1)A professional corporation pursuant to D.C. Official Code § 29-401 et seq. (2001);

 

(2)A foreign professional corporation possessing a valid certificate of authority to render professional services in the District of Columbia pursuant to D.C. Official Code § 29-414 (2001);

 

(3)A partnership or limited liability partnership organized under D.C. Official Code § 33-101.01 et seq. (2001), or under the laws of a jurisdiction other than the District of Columbia;

 

(4)A limited partnership organized under D.C. Official Code § 33-201.01 et seq. (2001), or under the laws of a jurisdiction other than the District of Columbia; or

 

(5)A sole proprietorship with a current trade-name registration.

 

(b)That each of the applicant’s offices in the District are under the direct supervision of at least one partner or resident manager who is either a principal, shareholder, or staff employee licensed under the Act.  The partner or resident manager may serve in such capacity at one (1) office only;

 

(c)That the applicant is in compliance with all applicable requirements of the Act, this chapter, and all other applicable D.C. laws, rules and regulations with respect to sole proprietorships, partnerships, limited partnerships, limited liability partnerships, or professional corporations;

 

(d)That the partners of an applicant organized as a partnership, limited partnership, or limited liability partnership are licensed certified public accountants and in compliance with D.C. Official Code § 47-2853.44 (2001); and

 

(e)That the shareholders of an applicant organized as a limited liability corporation or professional corporation are licensed certified public accountants and in compliance with D.C. Official Code § 47-2853.44 (2001).

 

source

Final Rulemaking published at 51 DCR 4401 (April 30, 2004).