Member Fees & Deadlines

Find the latest information on ICAB membership fees, renewal timelines, and subscription requirements for all membership categories.

Become a ordinary member of icab

What are the fees for ordinary membership

Ordinary Members are required to pay an annual subscription to remain in good standing with the Institute. These fees support the work of ICAB in regulating and advancing the accounting profession in Barbados.

Fees must be paid by January 31st of each year
Payment plans may be arranged upon request

$352.50

Annual Subscription (BDS, VAT inclusive)

Jan 01

Renewal Date

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TYPES OF MEMBERSHIP

ICAB offers several membership categories to support accountants at different stages of their careers and professional practice. Each category has its own eligibility criteria and annual subscription requirements.

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Overseas Members

$176.25 / per year

Who qualifies:

Members who reside outside Barbados but maintain their membership with ICAB.

Retired Members

$117.50 / per year

Who qualifies:

Members who have retired from active professional practice but wish to maintain affiliation with the Institute.

Life Members

$0 / per year

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Who qualifies:

Members granted Life Membership in accordance with ICAB regulations and eligibility requirements.

Practising (General)

$1,175.00 / per month

Who qualifies:

Members engaged in public practice providing accounting services to the public.

Practising (Specialty)

$587.50 / per year

Who qualifies:

Members engaged in specialized areas of public accounting practice.

Practising (General – PIEs)

incl. Public Interest Entities – PIEs

$1,762.50 / per year

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Members providing services to Public Interest Entities (PIEs) under ICAB practice regulations.

Just began your education?

SIgn Up For Student membership with ICAB

Students pursuing professional accounting qualifications may also register as Student Members of ICAB. This includes individuals studying under the ACCA Joint Examination Scheme or those completing equivalent professional accounting programs through internationally recognized accounting bodies.

Becoming a student member allows you to connect with the local accounting profession, access professional updates, and begin building your professional network within ICAB.

Explore student fees

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commonly asked question about membership fees

Below are answers to some of the most frequently asked questions about ICAB membership fees, payment timelines, and subscription requirements.

NOT A MEMBER? SIGN UP

Annual membership subscriptions are due on January 1 each year. Members are expected to complete payment by January 31. If your fees remain unpaid for six months from the due date, your membership will automatically lapse under ICAB's By-Laws, though the Council may exercise discretion in certain circumstances.

The Ordinary Member annual subscription is BDS $352.50 VAT inclusive. This is the most common membership category. All fees are due on January 1 each year.

Ordinary Member: BDS $352.50. Overseas Member: BDS $176.25. Retired Member: BDS $117.50. Life Member: BDS $0. Practising (General): BDS $1,175.00. Practising (Specialty): BDS $587.50. Practising (General including PIEs): BDS $1,762.50. All fees are VAT inclusive and due annually on January 1.

If you are admitted after June 30 of any year, only half of the annual subscription fee is payable for that year.

Yes. Members may apply to pay their annual fees over a three-month period ending March 31. Applications must be submitted through the ICAB Member Portal. Payment plans are not automatic and are subject to approval.

In exceptional cases of hardship, the Council of ICAB may reduce or waive fees at its discretion. Applications must be submitted using the prescribed form on the ICAB Member Portal. Submit your application as early as possible and no later than May 31. Applications submitted too late may not be reviewed by Council before the arrears deadline, which could put your membership at risk. Approval is not guaranteed.

If your fees remain unpaid for six months from January 1, your membership will automatically lapse under By-Law 108 of ICAB's By-Laws. The Council may exercise discretion in specific circumstances. It is strongly recommended that members contact ICAB before this point if they are experiencing difficulty making payment.

If your membership lapses due to non-payment, you may apply for readmission to ICAB. Readmission requires a written application and payment of the current annual membership fee plus a readmission fee. If your application is made within one year of lapsing, the readmission fee is equal to one year's annual subscription. If more than one year has passed, the readmission fee is equal to twice the annual subscription. Applications are reviewed by the Membership Committee and referred to Council.

Payments may be made through the ICAB Member Portal by credit card, at the ICAB Secretariat by credit card or cash, by cheque mailed or delivered to the Secretariat, or by online bank transfer. Contact ICAB for bank transfer details.

Evidence of payment is shown on your account in the ICAB Member Portal. Log in to view your payment history and current membership status.

Yes. All members receive an official membership certificate. The certificate remains the property of ICAB and must be returned to the Institute if your membership ends for any reason.

You may resign by submitting a written request to ICAB. Any outstanding fees must still be settled at the time of resignation. Members who resign in good standing may apply for readmission at a later date.

Former members may apply for readmission through the ICAB Member Portal. The readmission fee depends on how long ago membership ended and the circumstances of departure. Contact the ICAB Secretariat for guidance before submitting your application.

Student membership fees are covered on the dedicated Student Member Fees and Deadlines page. Visit that page for the student application fee, annual subscription, renewal deadline, and information about the ACCA Joint Examination Scheme. Button inline: View Student Fees Points to: /student-fees-and-deadlines/

Members must keep their contact details, place of employment, and practice status up to date on the ICAB Member Portal. Name changes require supporting documentation such as a marriage certificate and must be submitted to the Secretariat directly. If you have difficulty accessing the portal, contact the ICAB Secretariat for assistance.

Essential Information

Didn't find what you need?

Explore the next steps for joining ICAB, managing your membership, or learning more about the Institute.

APPLY FOR MEMBERSHIP

Start your application to become a member of ICAB.

MEMBER PORTAL LOGIN

Access your account to manage payments and membership information.

READMISSION APPLICATION

Apply for readmission if your membership has lapsed or you previously resigned.

Member FAQs

Find answers to common questions about ICAB membership, eligibility, and professional obligations.

Student Member Fees

Looking for student membership fees? Visit the dedicated Student Member Fees and Deadlines page.

Contact ICAB

Have a question not answered here? Reach out to the ICAB Secretariat for assistance.

EXAMPLE: ICAB STUDENT MEMBER RESOURCES

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About ICAB

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Member Fees & Deadlines

Find the latest information on ICAB membership fees, renewal timelines, and subscription requirements for all membership categories.

What are the fees for ordinary membership

TYPES OF MEMBERSHIP

Overseas Members

Retired Members

Life Members

Practising (General)

Practising (Specialty)

Practising (General – PIEs)

Just began your education?

SIgn Up For Student membership with ICAB

commonly asked question about membership fees

When are annual membership fees due?

How much is the Ordinary Member annual fee?

What are the annual fees for each membership category?

Do I pay a full subscription in my first year?

Can I arrange a payment plan for my membership fee?

Can I apply for a fee reduction or waiver?

What happens if I do not pay my fees?

What happens if my membership lapses?

How can I make payment?

Where can I see proof of payment?

Will I receive a membership certificate?

How do I resign my membership?

How do I apply for readmission after resigning or lapsing?

I am a student. Where should I check my fees?

How do I update my contact or employment details?

Essential Information

Didn't find what you need?

APPLY FOR MEMBERSHIP

MEMBER PORTAL LOGIN

READMISSION APPLICATION

Member FAQs

Student Member Fees

Contact ICAB

EXAMPLE: ICAB STUDENT MEMBER RESOURCES

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