ICAI Know Your Member (KYM) is a newly developed Form in which members are required to provide certain information as desired in the KYM Form on an annual basis online through Self Service Portal login. The same has to be filed before the due date of the membership fee.
KYM form is available in the Self Service Portal under ‘Member Functions’. Kindly note that Members can make the Annual Fees payment only after submission of KYM Form. However, Members need not wait for approval of KYM for Annual Fees Payment. The last date to pay the membership fee is September 30, 2023.
Read More: ICAI’s Annual Membership Fees Structure for 2023-2024 with Deadline Set for September 30, 2023
FAQs on Know Your Member
ICAI Know Your Member (KYM) is a newly developed Form in which a member is required to provide certain information as desired in the KYM Form on an annual basis online through Self Service Portal login.
All Active members are required to fill KYM Form annually.
The procedure to submit the KYM form is as under:
Login into Self Service Portal –> click on Member functions –> KYM Form
Yes, it is mandatory to submit KYM Form annually before making the payment of annual membership fees.
Once the KYM Form is opened but not successfully submitted, the same will be available under the Member Module option. Follow the following path: –
Login into Self Service Portal –> click on Member functions –> KYM Form
You are required to update the following and upload the prescribed documents :
Any one of the following documents –
In case, you are residing with your parents or relatives, you can upload the electricity/water/Gas Bill/ Property Tax Receipt Documents of your relatives along with permission letter from them.( Format Attached).
Any one of the following documents –
No, you can update Joining/leaving of your employment through the update employment/engagement option available in the member module of the SSP portal. You can only update the present employment designation through KYM Form. Kindly update the designation in KYM form only if your employment details are currently updated in KYM form otherwise, kindly update the employment details before submission of KYM form.
Members are required to upload the following documents, as applicable for updating Professional Address:
S.No. | Member Status | Professional Address | Documents Required |
1 | Member not holding COP and also not in employment | Place of Residence | Documents as mentioned in Q7 above.. |
2 | Member in Employment (other than CA Firm) | In case, member choose the place of Employment Or Place of Residence | Certificate of address issued by the Employer at his/her letter head. Documents as mentioned in Q7 above. |
3 | Member Employed as Paid Assistant in CA Firm | Professional Address of Employer | Certificate of address issued by the CA Firm.( Format Attached) |
4 | Member holding COP and not In-charge of firm/ branch& also not the Paid Assistant with Firm | Place of Profession | Any one of document- i. Electricity/ Water/ Gas Bill not older than 3 months, ii. Property Tax Receipt iii. Rent Agreement(Should be on Stamp Paper and should not be expired, may be with Nil rent ), iv. Bank Statement of not older than three month, v. GST Certificate, Note : 1. Documents mentioned (i) to (iii) of above may be in the name of Firm or in the name of proprietor/ any partner. However, documents mentioned (iv) & (v) above should be in the name of the firm. 2. Office occupied by you which is in parents or relatives( Father, Mother, Spouse, Son/Daughter) place, you can upload documents (i) to (iii) of above in the name of your parents/relatives along with their permission letter.( Format Attached) 3. Office occupied by you which is in relative’s (other than Father, Mother, Spouse, Son/Daughter) place or friend’s place, you can upload documents (i) to (iii) of above in the name of your relative/friend along with their permission letter on Non-Judicial Stamp Paper.(Format Attached) |
5 | Member Holding Part Time COP and Partner with CA Firm | Professional Address of Employer or Firm | Attached the documents on the basis of your selection of address. In case, you select the employer address, attached the document as mentioned in point 2 above. Otherwise, attached documents as mentioned in point no. 4 above. |
6 | Member holding COP and Head In-charge of firm or a Branch | Address of HO or Branch as the case may be. | Any one of the following documents- i. Electricity/ Water/ Gas Bill not older than 3 months, ii. Property Tax Receipt iii. Rent Agreement(Should be on Stamp Paper and should not be expired, may be with Nil rent), iv. Bank Statement of not older than three month, v. GST Certificate, Note : 1. Documents mentioned (i) to (iii) of above may be in the name of Firm or in the name proprietor/ any partner. However, documents mentioned (iv) & (v) above should be in the name of the firm, if the member is a partner in the firm. 2. Office occupied by you which is in parent’s or relative’s (Father, Mother, Spouse, Son/Daughter) place, you can upload documents (i) to (iii) of above in the name of your parent’s/relative’s along with their permission letter.( Format Attached) 3. Office occupied by you which is in relative’s ( other than Father, Mother, Spouse, Son/Daughter) place or friend’s place, you can upload documents (i) to (iii) of above in the name of your relative/friend along with their permission letter on Non judicial Stamp Paper.( Format Attached) Note: Members cannot update their professional address through KYM, they need to submit a separate application through Firm Module to update the change. |
No, you can update the same through Profile Edit form available in Member Module of SSP Portal.
Professional address of In-charge of CA firm/ its Branch can be updated only through the Firm module of SSP.
If there is any discrepancy in KYM form, the application will be sent for “Ask for correction” with remarks. The said application will appear in KYM Form Option under the member module in SSP portal. You can update the required details/upload the required documents and re-submit the form for RO verification.
Members will receive confirmation through E-mail after approval of KYM Form.
Approval of KYM form will normally take 5 to 7 working days, however, in some cases, it may take some more days.
Before submission of KYM form, kindly visit the respective Module in SSP Portal for its updation/ Correction. The correct information will reflect in KYM form on its approval from RO.
Yes, you can update your GST No. of your firm through the KYM form.
Yes, you can upload the same and minor differences are acceptable.
No. Bank Statement in the name of Firm may be uploaded for Professional Address verification
You can upload your employer’s address as a place of Profession.
No, you can upload only valid documents for verification.
You can upload any additional Govt. documents for its verification.
Members who are doing any business can update their business details in this column. Members who are in employment or in practice need not to update their employment or firm details in this option. A separate menu is available for the same.
In case, you are residing with your parent’s or relative’s (Father, Mother, Spouse, Son/Daughter) place, you can upload prescribed documents of address in the name of your relatives along with permission letter from them.
You may upload the document which must have House No, Flat No along with name of Building, Area, City with Pin code for verification purposes.
No, It is not compulsory, you can directly submit the KYM form with Independent Directorship details. You need to just mention – CIN No. , DIN No. and Name of company
No, It is not compulsory.
Yes
Download the PPT of KYM issued by ICAI here.
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