I have recently formed a new consultancy…

If a newly formed consultancy applies for Registered Consultancy status and has met the requirements for registration (as outlined here: http://www.iehf.org.uk/rc/registration-criteria) but has no trading history, the consultancy may be designated a ‘New Consultancy’ in their entry for the first year of registration.

Therefore, the consultancy must complete Sections 1, 2, 3, 6, 7, 8 of the Registered Consultancy application form. Within the year, the consultancy must provide a fully completed Registered Consultancy application form (including Sections 4 and 5) that demonstrates their competencies via project examples (i.e. work that has been undertaken during their first 12 months of trading).

The consultancy may only be able to demonstrate a small number of competencies by the end of their first year of trading. However, if the ‘New Consultancy’ is successful in their full application for Registered Consultancy status, it is possible to claim additional competencies as further project work is conducted (see Q3).