APEC Economy: Hong Kong, China

Accountancy Services – General background

The provision of auditing services requires a practising certificate issued by the Hong Kong Institute of Certified Public Accountants ("HKICPA"). Other than auditing services, the provision of accounting services does not require a licence or membership in a professional body.

Licensing Requirements

The registration and regulatory requirements for practising certificate holders are stipulated in the Professional Accountants Ordinance (Cap. 50, Laws of Hong Kong). This type of members may describe themselves as “Certified Public Accountant (Practising.

The Professional Accountants Ordinance and its By-laws are accessible from:

To obtain a practising certificate, a person has to:

More information can be found at http://www.hkicpa.org.hk/en/registration-and-licensing/obtain-practising-certificate/issuance-requirements/

All practising certificate applicants are required to possess at least 4 years of auditing experience, of which 1 year has to be post-qualifying. Experience acquired in an office of a person practising public accountancy under the jurisdiction of an accountancy body which has entered into a reciprocal membership agreement with the HKICPA is recognized for this purpose. One year of the auditing experience has to be obtained in Hong Kong within 3 years prior to the date of application.

Licensing of Foreign Nationals

Foreign accountants can obtain a license to provide auditing services in this economy.

Limited Licence

There are no provisions for limited licences for local or foreign accountants in Hong Kong. As noted above auditing services can only be provided by holders of a practising certificate issued by the HKICPA.

Professional Accounting Bodies


Hong Kong Institute of CPAs (HKICPA)

Contact Name:

Ms. Winnie C.W. Cheung, Registrar


37/F, Wu Chung House

Address 2:

213 Queens Road East




Hong Kong, China

Email address:


Phone number:

(852) 22877037



Levels of membership:

  • Full member
  • Fellow member

Eligibility to other bodies in the APEC economies

The HKICPA has reciprocity agreements with the following bodies in APEC economies:

Alliance & MOUs

The HKICPA has various types of reciprocity agreements with the following bodies (in addition to those within APEC economies):

(Need to pass the HKICPA's aptitude tests on Hong Kong law and taxation and meet experience requirements and subject to restricted locations):

(Need to sit the final exam and workshop of HKICPA Qualification Programme (QP), aptitude tests in law and tax, and meet experience requirement and subject to restricted locations)

    • Association of Chartered Certified Public Accountants (ACCA)
    • Association of International Accountants (AIA) (also need to sit some module exams of HKICPA QP)
  • Mutual examination paper exemption

(Need to sit some modules and final exam of the HKICPA Qualification Programme and meet experience requirement):

Refer to the website for further information: http://www.hkicpa.org.hk/en/become-a-hkicpa/recognition-of-overseas-bodies/

Temporary practice arrangements

A foreign accountant is not permitted to provide auditing services on a temporary basis without a local license in this economy.

Rules on firms and commercial association

In this economy:

Other regulatory issues

Not available.

Additional information relevant to the Accounting profession

HKICPA is the only local accounting professional body in Hong Kong and has statutory powers relating to admission to membership, granting of practising certificates, setting professional standards, regulating auditors etc.

Other overseas professional bodies offer their qualification programme in Hong Kong but do not have the same role or authority of HKICPA (ACCA, CPAA).

Contact Details

Not available.