Accounting: No society can, for the joint exercise of professional accounting activities, be formed between one or more locally-licensed accountants and other people not recognised by the Institute of Accountants having the same quality or a quality obtained in a third country and recognised as equivalent in Belgium. An exception exist if there is a prior authorisation from the King.Auditing: It is possible to create an commercial associating between auditors and other professionals. Meanwhile, locally-licensed auditors may not engage an activity hat is incompatible with the principle of independence of the profession, and the company must retain majority voting rights for locally-licensed auditors.