Application for Membership
Those who wish to apply for LCPAA membership must submit the subscription form in the format prescribed by the LCPAA office. After assessment and consideration by the Registration Committee, the LCPAA office will inform the applicant of its decision within 30 working days from receipt of the application. Documents required include:
- A hand-written or typed application form together with his/her signature (and certified by his/her organization); 1 copy
- A resume in the LCPAA format; 1 copy
- A residency certificate with photo or a copy of passport – if foreigners 1 copy
- Copy of Qualification Degrees, diplomas, and certificates; 1 copy
- Certificate of practice of professional accounting and auditing; 1 copy
- Police Statement No.3 (Certificate from an authority body that he/she has not violated or is not violating professional disciplinary rules);1 copy
- Pension and retention permit, (if he/she is a government official) 1 copy
- Receipt of subscription fee set in Article 25 of this by law 1 copy
- Photo 3x4 (not longer than 6 months) 2 photos
Annual Subscription and Membership Fees
A member of the LCPAA shall pay annual subscription and membership fees to the LCPAA at the rate and amount that were agreed and accepted at the LCPAA Congress as follows:
1. Ordinary membership
1.1 Individual Ordinary Members.
An Individual ordinary member shall pay the LCPAA subscription fee of 200,000 (two hundred thousand) KIP per person as well as an annual LCPAA membership fee of 200,000 (two hundred thousand) KIP per person, per year.
1.2 Legal Entity Ordinary Members.
A legal entity ordinary member shall pay the LCPAA membership subscription fee of 500,000 (five hundred thousand) KIP and 1% of their annual turnover for the LCPAA annual membership fee.
2. Associate membership
2.1 Individual Practicing Associate Members
An associate member that is an individual practitioner shall pay the LCPAA subscription fee of 50 (fifty)dollars US per person and an annual membership fee amount of 500 (five hundred) dollars US per person, per year.
2.2 Legal Entity Associate Members
A legal entity associate member shall pay the LCPAA subscription fee of 100 (one hundred) dollars US per entity and an annual membership fee as stated in the paragraph 1.2 of this Article.
2.3 Other Non-practicing Associate Members
Other non-practicing associate member shall pay the LCPAA subscription fee of 100 ,000 (hundred thousand) KIP per person as well as the LCPAA annual membership fee of 100 ,000 (hundred thousand) KIP per person, per year.
3. Honorary membership
An honorary member shall not pay subscription and annual membership fees.
1. Ordinary membership
1.1 Individual Ordinary Members.
An Individual ordinary member shall pay the LCPAA subscription fee of 200,000 (two hundred thousand) KIP per person as well as an annual LCPAA membership fee of 200,000 (two hundred thousand) KIP per person, per year.
1.2 Legal Entity Ordinary Members.
A legal entity ordinary member shall pay the LCPAA membership subscription fee of 500,000 (five hundred thousand) KIP and 1% of their annual turnover for the LCPAA annual membership fee.
2. Associate membership
2.1 Individual Practicing Associate Members
An associate member that is an individual practitioner shall pay the LCPAA subscription fee of 50 (fifty)dollars US per person and an annual membership fee amount of 500 (five hundred) dollars US per person, per year.
2.2 Legal Entity Associate Members
A legal entity associate member shall pay the LCPAA subscription fee of 100 (one hundred) dollars US per entity and an annual membership fee as stated in the paragraph 1.2 of this Article.
2.3 Other Non-practicing Associate Members
Other non-practicing associate member shall pay the LCPAA subscription fee of 100 ,000 (hundred thousand) KIP per person as well as the LCPAA annual membership fee of 100 ,000 (hundred thousand) KIP per person, per year.
3. Honorary membership
An honorary member shall not pay subscription and annual membership fees.