Before you start running your own bookkeeping business you need to hold a Practice Licence and comply with its requirements.

 

Each Practice License lasts for a period of one year and runs alongside your membership. The Practice License is available to ICB Payroll Agents, Associate Members, Members and Fellows who are in good standing and can comply with the ICB Bankruptcy and Criminal Convictions policy. 

How to Apply

You can apply for a Practice Licence at any time of year.  Applications will be processed within 28 days.  

Please call ICB, or send an email, to request the Practice Licence Application Form to be posted out to you.  

You can request the form to be sent by email but it must be returned in hard copy. 

0207 398 4440
info@icbireland.ie

Practice Licence Holder Duties

  • Up to date membership at Associate Member, Payroll Agent, or higher
    to be renewed on time each year

  • Up to date Practice License
    to be renewed on time each year and promptly updated in the event of any change of details or company entity eg. incorporation as a Limited Company

  • Compliance with the ICB Professional Conduct Regulations


  • Professional Indemnity Insurance for your practice
    information will be sent with your Practice License application

Practice Licence Cancellation

You are usually required to retain your Practice Licence even if you have reduced the size of your practice, are no longer charging a fee, or have reached retirement age. Please contact ICB on 0845 060 2345 to discuss the details of your situation.

If you are no longer in public practice please let ICB know at the earliest opportunity and send notification in writing.  You will be sent a Non-Practising Declaration Form to sign to confirm you have closed the practice and completed the necessary steps to officially cease trading.

You will be liable for all outstanding Practice Licence fees up to and including the forthcoming year's renewal fee unless written notification that you have ceased practising is received at least one month prior to the due date of your renewal fee.

 

Are you ready to apply
for your Practice Licence?

Request Application
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