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Members Students Services Directorate The Institute of Chartered Accountants of India 5th June, 2020 ANNOUNCEMENT The ICAI Council has decided to give an option to pay advance Membership/COP fee in exact amount for 10 years along with GST as a final payment and in case of any shortfall owing to revision of fee in future; their Name/COP will not be removed from the register of members on account of such revision. Further, Members may also note that in case the advance fees has been pai
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FAQ :
The ICAI now allows members to pay their membership and Certificate of Practice (COP) fees in advance for a period of up to 10 years.
If there is a shortfall due to future fee revisions, members who have paid in advance will not have their name or COP removed from the register.
This facility is applicable with effect from 1st April 2020.
If advance fees have been paid previously, any balance fees or differences in fees become payable in the current financial year for membership/COP renewal.
An ACA who has paid advance membership fees for up to 10 years and later opts for FCA status must pay the difference fee for the remaining period.
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