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MEMBERSHIP TYPES AND CATEGORIES

The Malta Institute of Accountants has four classes of membership, namely International Associates, Associates, Members and Fellows. All members have the same privileges, rights and obligations.

INTERNATIONAL ASSOCIATE MEMBER


Eligibility Criteria
A person shall be eligible to be admitted as an International Associate member only if he/she:
(a) is a person of good standing;
(b) does not fulfil the criteria for eligibility as an Associate member; 
(c) has successfully obtained a warrant to practice the profession of accountant or auditor in a country other than Malta;
(d) has a valid work permit (where applicable);
(e) is undertaking accountancy/audit related work in Malta in terms of the Accountancy Profession Act and related Regulations; and
(f) at the time of submission of the application resides in Malta and intends to so reside until the end of that same calendar year or indefinitely.
Benefits of Membership
Refer to the following link to view the Benefits associated with membership.  
Designation letters that can be used after your name
IAIA (Short for International Associate of the Malta Institute of Accountants). 
Applying for IAIA Membership
Fill in and submit the IAIA membership application form along with the required supporting documentation. 
An initial registration fee and the pro-rata subscription fee for the year need to be paid upon submission of the membership application form. Refer to the following link to view relevant rates.
Vetted application forms are subject to Council's approval. A formal notification will be sent to you to communicate Council's decision. 
Applicable Fees
Refer to the following link to view the relevant applicable Membership Fees.


Proof  of Membership
Membership will be valid till the end of the year. A Confirmation Letter is issued when membership is approved. 
Renewal from one year to the next will be subject to review.  The eligibility criteria must continue being met in order for the membership to be renewed.

ASSOCIATE MEMBER

This is the entry level of Membership leading to an upgrade to "Member" and "Fellow".
Eligibility Criteria
A person shall be eligible to be admitted as an Associate member only if he/she:
(a) is a person of good standing;

(b) has successfully completed any of the following qualifications:
(i) ACCA qualification; or
(ii) ACA qualification; or
(iii) Masters in Accountancy conferred by the University of Malta; or
(iv) A qualification equivalent to the Masters of Accountancy degree conferred by the University of Malta which is obtained through a recognised educational institution and provided that it is recognised by the Accountancy Board for the purpose of obtaining the warrant to practice the accountancy profession in Malta; and
(c) resides in Malta or has a permanent link with Malta.
With the exception of b(iii) above, it is not a requirement to have successfully completed the local variant examinations.
In the case of b(iv) above, it is a requirement to prove membership of a professional accountancy/audit body in the country of origin.
Benefits of Membership
Refer to the following link to view the Benefits associated with membership.  
Designation letters that can be used after your name
AIA (Short for Associate of the Malta Institute of Accountants). 
Applying for AIA Membership
Fill in and submit the AIA membership application form along with the required supporting documentation. 
An initial registration fee and the pro-rata subscription fee for the year need to be paid upon submission of the membership application form. Refer to the following link to view relevant rates.
Vetted application forms are subject to Council's approval. A formal notification will be sent to you to communicate Council's decision. 
Applicable Fees
Refer to the following link to view the relevant applicable Membership Fees.
Certificate of Membership
This will be presented to you during the annual New Members' Ceremony.  
Moving to the next tier of Membership
An Associate member who has attained the warrant of a Certified Public Accountant  and has been compliant with CPE and other obligations will be eligible for an upgrade to "Member" in line with the Members Bye-Law.

MEMBER

The second level of Membership leading to an upgrade to "Fellow". 


Eligibility Criteria
A person or Associate member shall be eligible to be classified as a Member of the Institute only if he/she:
(a) is a person of good standing;
(b) has attained the warrant of a Certified Public Accountant in terms of the Accountancy Profession Act and related Regulations;
(c) has successfully completed the minimum annual CPE requirements and has been compliant with respect to other obligations emanating from the Institute’s Statue and Bye-Laws or other applicable regulatory measures; and
(d) resides in Malta or has a permanent link with Malta.
Benefits of Membership
Refer to the following link to view the Benefits associated with membership.  
Designation letters that can be used after your name
MIA (Short for Member of the Malta Institute of Accountants). 
Applying for MIA Membership, Applicable Fees & Certificate of Membership
Direct Admission as a Member: 
Fill in and submit the MIA membership application form along with the required supporting documentation. 
An initial registration fee and the pro-rata subscription fee for the year need to be paid upon submission of the membership application form. Refer to the following link to view relevant rates.
Vetted application forms are subject to Council's approval. A formal notification will be sent to you to communicate Council's decision. 
The Certificate of Membership will be presented to you during the annual New Members' Ceremony.
Upgrading from an AIA to MIA: 
There is no need to apply for this upgrade. The Institute undertakes an exercise on an annual basis to determine who is eligible for such upgrade. A formal notification will be sent to you to inform you accordingly. No fees apply in relation to the upgrade process.
The Institute will be in touch with you when the Certificate of Membership is ready for collection.
Moving to the next tier of Membership
A member who has been an MIA member for a continuous period of 5 years and has been compliant with CPE and other obligations will be eligible for an upgrade to Fellow Member in line with the Members Bye-Law.

fellow MEMBER

The third level of Membership
Eligibility Criteria
Five years of continuous membership as an MIA member and compliance with CPE and other obligations in line with the Members Bye-Law.
Benefits of Membership
Refer to the following link to view the Benefits associated with membership.  
Designation letters that can be used after your name
FIA (Short for Fellow of the Malta Institute of Accountants). 
Applying for FIA Membership & Applicable Fees
There is no need to apply for this level of membership. The Institute undertakes an exercise on an annual basis to determine who is eligible for this upgrade. A formal notification will be sent to you to inform you accordingly. No fees apply in relation to the upgrade process.  
Certificate of Membership
The Institute will be in touch with you when the Certificate of Membership is ready for collection. 

Membership Categories

There are various circumstances where can fall into any of these categories:

Overseas Members
Associate, Members and Fellows of the Institute residing abroad for a period exceeding twelve months shall be eligible for an overseas member status, subject that he/she has a permanent link with Malta. Such status shall entitle the member to a 50% reduction on the annual subscription fee while retaining all his/her membership rights. A member can start availing himself/herself from this scheme, if he/she meets the minimum residency period by 1 January of a calendar year. The eligibility criteria shall be reviewed by the Institute on an annual basis.


Retired Members
A member of the Institute who is 65 years of age shall be eligible for a retired member status subject that they had registered their status with the Institute. Such status shall exempt the member from paying the annual subscription fee while retaining all his/her membership rights. A member can start availing himself/herself from this scheme, if he/she reaches the eligible age as at 1 January of a calendar year.
Honorary Members
Members who were bestowed such title as approved by Council.  Not entitled to pay the annual subscription fee.
Lapsed Member
A member who has lost membership privileges because of unpaid membership fees in line with the Disciplinary (Non-Payment of Fees) Regulations.

Suspended Members
A member whose membership has been revoked. To be re-instated as a member, a suspended member shall apply for membership just like any other person, this being in line with the Disciplinary (Non-Payment of Fees) Regulations. 
               
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