HCO & Co.

What HCO & Co. does

HCO & Co. is an Indian chartered accountancy firm headquartered in New Delhi, founded in 1962 by Late CA. Habibullah. The firm delivers core professional services — audit and assurance, direct and indirect taxation, bookkeeping and outsourcing, business consulting, and global mobility / cross-border advisory — to a client base spanning startups, SMEs, large enterprises, and globally mobile businesses across India. Named institutional categories include UN agencies, banks, and public sector enterprises, alongside a long tail of SME and startup clients numbering 3,000+ in aggregate.

The firm operates 11 offices spanning New Delhi, Noida, Bangalore, Lucknow, Patna, Gorakhpur, Mau, Ranchi, Rewa, Dehradun, and Prayagraj, staffed by 75+ professionals including 12 Partners and 11 Directors. It maintains ISO 9001:2015 certification and is a member of the ANTEA international accounting alliance, providing access to 60+ countries and 300+ member offices, complemented by a Leaderly strategic alliance that extends cross-border service delivery into Oman.

Revenue mechanics follow the traditional Indian CA partnership model — fee-for-service engagements on audit, tax filing, advisory, compliance outsourcing, and global mobility mandates. In 2025, the firm launched HCO ProTax Assist, an AI-powered personal tax calculator built on generative AI for text-based tax computation, representing its first disclosed digital product beyond the engagement-based delivery model.

Name

HCO & Co.

Legal name

HCO & Co.

Website

https://hcoca.com

Company type

Private

Founded year

1962

Operating status

Operating

Short description

HCO & Co. is a New Delhi-headquartered Indian chartered accountancy firm founded in 1962, providing audit, tax, advisory, and global mobility services to 3,000+ clients across India through 11 offices and 75+ professionals.

Ownership category

akta.pro rank

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Professional Services Fees: HCO & Co. generates revenue through professional service fees for audit, tax advisory, bookkeeping, business consulting, and related financial services. Revenue is primarily project-based or retainer arrangements for ongoing client engagements.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

HCO & Co. is a Chartered Accountant firm delivering audit, tax, advisory, bookkeeping, and global mobility services to startups, SMEs, large enterprises, and multinationals in India. It operates 11 offices across India and serves international clients through the ANTEA Alliance covering 60+ countries. Its service portfolio spans statutory and internal audits, domestic and international tax advisory, GST compliance, corporate law, business consulting, virtual CFO, and expatriate payroll and mobility tax services. The firm also launched HCO ProTax Assist, an AI-powered personal tax calculator, as a self-service digital tool.

Product overview

HCO & Co. operates as a multi-service Chartered Accountant firm offering a comprehensive suite of financial, accounting, and advisory services rather than a single unified software product. The firm's portfolio consists of core professional service lines including Audit & Assurance, Tax Advisory, Bookkeeping, GST Advisory, Corporate Law Advisory, India-Specific Services (business setups, transfer pricing, virtual CFO), Global Mobility Services, and Business Consulting. These services are delivered through a combination of human expertise and technology-enabled platforms. The notable technology product is HCO ProTax Assist, an AI-powered personal tax calculator available as a web-based tool. The firm also provides specialized add-on services such as Due Diligence and Donor Audit & Assurance for specific client needs. The service delivery leverages industry-standard accounting platforms including QuickBooks, Tally Prime, Zoho Books, and Xero, as well as audit software tools like CaseWare, QuickAudit, and Audit360.

Differentiator

Problem solved

Functional benefit

Brands

• HCO ProTax Assist: AI-powered personal tax calculator tool offered by HCO & Co.

Products and services

• Audit & Assurance Services Comprehensive audit and assurance services including statutory audits, internal audits, donor audits, forensic audits, management audits, and circulation audits for diverse clientele from startups to conglomerates.
• Tax Advisory Services Tax planning and advisory covering domestic taxation, international tax, US tax returns, and mobility tax services for individuals and businesses.
• Bookkeeping Services Cloud-based bookkeeping and reconciliation services using modern accounting platforms for accurate financial record maintenance.
• GST Advisory Goods and Services Tax advisory and compliance services including GST registration, filing, and consultation for businesses.
• Corporate Law Advisory Corporate law compliance and advisory services including company registration, ROC filings, and legal compliance management.
• India Specific Services Business setup services in India including entity formation, business setups, transfer pricing, withholding taxes, and virtual CFO services.
• Global Mobility Services Mobility tax services and payroll solutions for businesses and individuals with international assignments and cross-border movements.
• Business Consulting Strategic business consulting including financial advisory, process optimization, and growth-oriented consultancy services.
• Due Diligence Services Financial due diligence services for transaction correctness, fact confirmation, undisclosed liability exploration, and risk elimination at domestic and international locations.
• Donor Audit & Assurance Services Specialized audit and assurance services for donor-funded programs including financial audits, expenditure verification, systems audits, and due diligence for NGOs and grant recipients.
• HCO ProTax Assist AI-powered personal tax calculator tool for individuals to compute and estimate their personal income tax obligations. Available as a web-based self-service platform.

Quantifiable outcome

• Serving 3000+ happy clients
• +2 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability2 records

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• ANTEA - Alliance of Independent FirmscoreStrategic or Co-development PartnerHCO is a member of ANTEA, an international alliance of independent firms specialized in taxation, accounting, and business consultancy. Through this membership, HCO is represented in over 60 countries with more than 300 offices worldwide. ANTEA is ranked in the International Accounting Bulletin (IAB) and membership is by invitation only.
• Experts for ExpatsminorOthersGlobal partner for expat tax services and cross-border mobility solutions
• Doing Business InternationalminorOthersPartner for international business setup and cross-border advisory services
• United Tax NetworkminorOthersInternational tax network partnership for cross-border tax advisory
• ABG (American Benkan Group)minorOthersInternational professional connections partner for cross-border services
• My Expat TaxesminorOthersPartner for expat tax services and international mobility solutions
• Peterson SimsminorOthersInternational accounting partnership for cross-border professional services
• Leaderly (Oman)coreStrategic or Co-development PartnerStrategic alliance with Leaderly Audit & Consultants in Oman, enabling HCO to expand portfolio and deliver comprehensive services to clients in Oman and Middle East. Founded with vision of empowering businesses through cutting-edge training and consultation services.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Lodha & Co. Lodha & Co. is a long-established Indian chartered accountancy firm with multi-city presence and a strong audit and advisory practice. It is a comparable Indian-rooted mid-tier firm without Big 4 affiliation, targeting similar enterprise and SME clients.
• BDO India: BDO India is a mid-tier Indian member of the BDO global network, offering audit, tax, advisory, and outsourcing services across multiple Indian cities. It is the closest structural analogue to HCO & Co.: a global-network mid-tier firm serving SMEs, large enterprises, and multinationals in India with comparable service breadth.
• Mazars India: Mazars India (now Forvis Mazars) is the Indian arm of the Forvis Mazars international network, offering audit, tax, and advisory services. Its mid-tier global network positioning and India presence make it a direct competitive analogue to HCO.
• Crowe India: Crowe India is the Indian member of Crowe Global, a top-10 international accounting network with mid-tier positioning. It is directly comparable to HCO in targeting mid-market and SME clients with globally networked service delivery.
• Baker Tilly India: Baker Tilly India is the Indian member of Baker Tilly International, a global mid-tier accounting network. Its service mix of audit, tax, and advisory delivered through Indian offices with international referral capability is directly comparable to HCO's ANTEA-backed delivery model.
• Singhi & Co. Singhi & Co. is an Indian chartered accountancy firm with international affiliation (Morison Global) and a multi-service practice spanning audit, tax, and advisory. It is comparable to HCO in firm size, multi-office Indian footprint, and global-network structure.
• Grant Thornton India: Grant Thornton India is the Indian member of Grant Thornton International, delivering audit, tax, and advisory services through a multi-office network. Its positioning as a credible alternative to the Big 4 with global reach and mid-tier accessibility directly mirrors HCO's market niche.
• RSM India: RSM India is the Indian affiliate of RSM International, providing audit, tax, and consulting services with multi-city presence. Like HCO, it competes on mid-market and SME segments with global client coordination through its network, making it a strong structural comparable.

Broad incumbents

• KPMG India: KPMG India is one of the Big 4 in India, offering the full suite of audit, tax, and advisory services with deep multinational client penetration. HCO explicitly considers it a competitor and benchmark; while much larger, it sets the upper bound of competitive pressure HCO faces.
• Deloitte India: Deloitte India is the Indian member of Deloitte Touche Tohmatsu, providing audit, consulting, tax, and advisory services. It is a major incumbent competitor for large enterprise and multinational mandates that HCO also pursues.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CoChartered
• Facebookfacebook.com/CAHabibullah
• LinkedInlinkedin.com/company/habibullah-&-co-chartered-accountants/?originalSubdomain=in

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HCO & Co.