Approval of Third Country Auditors

Act on Auditors

Section 46
Approval of Auditors from Third Countries

  1. Based on the principle of reciprocity, auditors from third countries may perform audit activities so long as they can evidence compliance with the requirements equivalent to requirements pursuant to Section 4, and pass the differential examination if so required pursuant to Section 10.

  2. Auditors from third countries pursuant to subsection 1 shall be deemed as auditors pursuant to the present Act. The Chamber shall issue the Auditor’s Licences to auditors from third countries not later than within 30 days of the date of compliance with the terms and conditions pursuant to subsection 1.