Annual Renewal
You can pay your annual fee(s) and submit your annual return by logging in to the Annual Renewal section in our website.
Q2. | I tried to renew online but was accidentally logged out from the system. How can I know that the renewal transaction has been completed? |
The CPD requirements for annual renewal could be found here.
Please submit your CPD declaration in the Annual Return for membership renewal by logging in to the Annual Renewal section in our website on or before the renewal deadline.
Please note that the CPD records you keep in "MyCPA >> Development >> CPD activity summary" on the Institute's website do not equate to an online CPD declaration. You still have to submit a CPD declaration by the online Annual Return.
Please submit your CPD declaration in the Annual Return for membership renewal by logging in to the Annual Renewal section in our website on or before the renewal deadline and indicate you would like to apply for extension. All applications and the period of extension will be considered by the Institute on a case by case basis. We will advise you the remedial action required.
The exemption of CPD requirements could be found here.
Q8. | I have been exempted from the CPD requirements since last year. What should I do with this year's Annual Return regarding CPD declaration? |
If you have been exempted from the CPD requirements, your CPD declaration requirement in Annual Return can be found here.
The consequence for not complying with the CPD requirements could be found here.
The fit and proper criteria for annual renewal is consistent with those required for membership application, which can be found here.
Under section 28(2)(d) of the Professional Accountants Ordinance ("PAO"), there is an expressed provision requiring a member to satisfy the Council of the Institute that s/he remained to be a fit and proper person for renewal of the CPA registration.
As such, members are reminded to submit the fit and proper declaration as a requirement for the annual return.
Q12. | If I have financial integrity issues, conviction or civil liability or issues on good reputation and character as suggested in the questions in the fit and proper declaration, would my renewal be refused? |
A "yes" answer to any of the questions in the fit and proper declaration will not automatically result in an applicant being refused membership. The Institute may, however, wish to make further enquiries before reaching a decision.
The details of reduced membership fees could be found here.
Q16. | I have relocated to overseas/ am currently out of the work force. Can my member annual fee be reduced? |
Under the current policy, (other than those long term members entitled to a reduced annual fee per Q14) all members, irrespective of their location of residence and employment status, are required to pay full member annual fee to renew their membership registration.
If you have any difficulty paying your member annual fee, please refer to Q19.
You may log in to the Annual Renewal section in our website and check the payment status:
- Pay now: The annual fee is outstanding.
- Under Process:
- Your payment instruction has been received. Please allow 7 working days for processing.
- For members who tried to pay online, to protect your data, the system will be locked if you accidentally leave the payment page. The system will resume later (normally one to two hours) and will have the payment function available again.
- For members who have set up autopay, this status will remain until your payment is successfully received by HKICPA.
- Settled: Your payment has been received by HKICPA.
Please send documentary evidence for these two payment transactions to the Institute's Finance Department at finrenewal@hkicpa.org.hk for processing.
The Institute has established a trust fund for the relief of poverty by providing assistance to members experiencing severe financial hardship in the form of payment of the Institute's member annual fees, a grant or a loan. Please download relevant application form from our website for completion and return to the Institute, with documentary evidence, as required, on or before 15 December, i.e. 15 days before the expiry of your membership registration on 31 December of the year.
Late submission generally will not be considered. In rare circumstances will late applications be accepted and only when accompanied by a letter that details compelling reasons for the delay together with supporting documents where relevant.
Payment receipt will be sent to you via email once payment has been received by HKICPA. In addition, you may log in and download the payment receipt in the Annual Renewal section and/or "MyCPA >> Payment" in the Members' area of the Institute's website.
Q21. | I have paid my member annual fee, but subsequently been removed by the Institute for not meeting other renewal requirements. Can I get a refund of the annual fee paid? |
If you have paid the member annual fee but your name was removed due to not meeting other renewal requirements, the annual fee paid will be refunded in accordance with your payment method. For bank autopay, PPS and payments through our member services counter, refund will be made by cheque and mailed to your last known correspondence address.
Q22. | I was newly admitted in this year. When and how will I be notified to renew my membership registration? |
Under the Professional Accountants Ordinance ("PAO"), irrespective of the date of your first registration as a member with the Institute, your membership will expire on 31 December. Members may pay the annual membership fee and submit the annual return by logging in to the Annual Renewal section in our website. Members who have paid the hardcopy surcharge will receive hardcopy renewal notice by post.
If you fail to complete the renewal procedures before the renewal deadline on 15 December, a final notice will be sent by email and post to you by the end of December. A final deadline will be given for you to renew your membership registration.
If you fail to complete the renewal procedures by this extended renewal deadline, your name will be removed from the Institute's register of certified public accountants without further notice.
Q24. | I do not want to renew my membership after it expires on 31 December this year. What should I do? |
In order to protect the interests of our members and because of the provisions of the Professional Accountants Ordinance which require a member of the Institute to tender his/her resignation by notice in writing under his/her hand, please send a duly signed written notice under your hand to the Institute by email for our processing. While we understand that this practice may cause inconvenience, we hope you will appreciate that acting upon unidentifiable means of communication may give rise to inaccurate information being kept in the CPA register.
Upon receipt of your resignation notice, action your name will be removed from register of certified public accountants accordingly. Please note that a non-member of the Institute is not eligible to use the designation "Certified Public Accountant" or "CPA" or "會計師".
If you wish to restore your name to the CPA register in the future, you are required to submit a fresh membership application which will be assessed in accordance with the rules and requirements prevailing. Please refer to our website www.hkicpa.org.hk for the latest membership admission requirement and application procedures.