PURPOSE: This rule clarifies the statutes pertaining to foreign corporations practicing public accounting in Missouri.

1. (1) A foreign professional corporation which meets the definition of section 356.021(2), RSMo, may apply for a Certified Public Accountant (CPA) firm permit.

2. (2) Applicants for a firm permit as a foreign professional corporation shall provide to the board—

   1. (A) A completed application for a CPA firm permit with all required fees;
   2. (B) A copy of the most recent articles of incorporation (or amendment) on file with the secretary of state of the applicant’s home state which states the applicant is a professional corporation;
   3. (C) The certificate of corporation issued by the secretary of state from the applicant’s home state which demonstrates the business is eligible to practice as a professional corporation; and
   4. (D) Any additional information or documentation as the board may request.
3. (3) Within thirty (30) days of issuance of the permit, the firm shall provide the board with verification that the firm is registered with the Missouri secretary of state’s office.
4. (4) General business corporations are not eligible for a CPA firm permit.

AUTHORITY: sections 326.262 and 356.041, RSMo 2016, and section 326.289, RSMo Supp. 2021.* Original rule filed Oct. 5, 2021, effective April 30, 2022. *Original authority: 326.262, RSMo 2001; 326.289, RSMo 2001, amended 2002, 2008, 2017, 2020; and 356.041, RSMo 2016.