Fenil P. Shah and Associates was founded on a single conviction: chartered accountancy, practiced at its highest level, is not about filing forms it is about creating measurable financial value for every client. What began as a sole practice in 2010 has grown into a trusted advisory firm serving over 500 businesses and HNI professionals across India.
From early-stage startups raising their first round to established corporates managing multi-jurisdictional operations, we bring strategic foresight, technical rigor, and a proactive mindset to every engagement.
Businesses Advised
Years of Practice
Startups Structured
Funding Supported
“Taxation isn’t a year-end exercise it’s an architectural decision.”
Most tax advisors react to situations. We anticipate and architect. Before any major business decision fund-raising, expansion, real estate purchase, restructuring we structure the financial and tax implications to minimize burden and maximize opportunity.
Not a generalist. 15+ years of focus on BFSI, technology, startups, and high-net-worth individuals means we understand your sector’s unique challenges and opportunities.
No hidden fees. No boilerplate advice. We invest time in understanding your specific goals, constraints, and risk appetite then deliver solutions you can actually execute and trust.
Fellow of ICAI · AIR-Qualified Cost Accountant · GST Practitioner
CA Fenil P. Shah is not your typical chartered accountant. As an AIR CMA-Qualified professional, ICAI Fellow, and Level 2 AI Certified advisor, he brings a rare blend of traditional rigor and modern analytical thinking to every client engagement.
His expertise spans the full spectrum of financial advisory from BFSI taxation and startup valuations to NRI advisory and fund-raising support. But what truly sets him apart is his approach: he sits alongside founders and CFOs through real decisions, not just reviewing the paperwork after the fact.
Over 15+ years, he has built a reputation for turning compliance from a cost center into a strategic asset saving clients crores in tax, securing funding rounds, and defending audits with meticulous precision.
AIR-Qualified Cost Accountant (CMA) - 2010
Rare credential combining taxation + financial management
Fellow of ICAI (FCA) - 2016
The highest qualification in Indian chartered accountancy
Certificate on Concurrent Bank Audits - 2018
Specialized certification covering concurrent audit of banks and financial institutions
Treasurer Income Tax Bar Association - 2025-26
Elected to a leadership position by peers in the tax profession, reflecting trust and standing in the community.
Certificate on Income Tax Law of United States of America (USA) – 2026
Certified expertise in US federal income tax law for cross-border and international advisory
GST Practitioner
Registered under the Goods and Services Tax Act, 2017
AI Level 2 Certified
Emerging technology fluency for modern advisory
The Institute of Chartered Accountants of India (ICAI) Member in practice since 2010
The Institute of Cost Accountants of India (ICAI) Associate member
Chartered Accountants Association Ahmedabad (CAAA) Active member
Member, All India Management Association (AIMA)
Income Tax Bar Association
Confederation of All India Traders
Gujarat Chapter of Commerce and Industry
We believe great advisors never stop learning and never stop giving back. Our team is actively involved in professional education, community initiatives, and knowledge-sharing across the chartered accountancy ecosystem.
Regularly invited to speak at ICAI chapters, CAAA meetings, and industry forums on taxation, GST, and startup advisory.
Actively mentors CA articles and young professionals, sharing practical insights beyond textbook theory.
Treasurer at the Income Tax Bar Association and active member of multiple professional bodies in Ahmedabad.
Publishes insights on emerging topics — from AI in finance to ESG accounting — to keep clients ahead of the curve.
