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FORM INT-2 Annex B to VI.1 MANDATORY PROVIDENT FUND SCHEMES AUTHORITY (MFA) Form INT-2 SI-Application (Individual) Applications for Registration as a Subsidiary Intermediary (by an Individual) and
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How to fill out mandatory provident fund schemes
How to fill out mandatory provident fund schemes:
01
Start by gathering the necessary information and documents such as your identification details, employment history, and bank account information.
02
Contact your employer or human resources department to obtain the application form for the mandatory provident fund scheme.
03
Carefully read and understand the instructions on the application form. Fill out all the required sections accurately and completely.
04
Provide your personal information, including your full name, date of birth, address, and contact details.
05
Enter your employment details, including your current employer's name, job title, and start date. If you have had multiple employers, provide the details for each of them.
06
Specify the contribution amount or percentage you wish to contribute to the mandatory provident fund. This may be a fixed amount or a percentage of your salary.
07
Review the completed application form to ensure all the information provided is correct and legible.
08
If necessary, attach any additional supporting documents as required by the application form, such as proof of identification or employment documents.
09
Sign and date the application form.
10
Submit the completed form to your employer or the relevant authority, as instructed on the application form.
Who needs mandatory provident fund schemes:
01
Employees in Hong Kong who are at least 18 years old but below the age of 65 are required to join the mandatory provident fund scheme.
02
Both local and non-local employees, including full-time, part-time, and casual workers, are eligible to participate.
03
Self-employed individuals or those who are not employed but generate income from a trade, business, or profession are also required to join the scheme.
04
Some individuals, such as expatriates, may be exempted from the scheme under certain circumstances, but it is advisable to check with the relevant authorities or seek professional advice to understand the specific exemptions and eligibility criteria.
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What is mandatory provident fund schemes?
Mandatory Provident Fund (MPF) schemes are retirement savings schemes in Hong Kong where both employees and employers make contributions to a fund for the employee's retirement benefits.
Who is required to file mandatory provident fund schemes?
Employers in Hong Kong are required to enroll their employees in a MPF scheme and make contributions on their behalf.
How to fill out mandatory provident fund schemes?
Employers can fill out MPF schemes by contributing a percentage of their employees' salaries to the designated MPF providers.
What is the purpose of mandatory provident fund schemes?
The purpose of MPF schemes is to help employees save for retirement and provide them with financial security in their old age.
What information must be reported on mandatory provident fund schemes?
Employers must report employee's personal information, salary details, and contributions made to the MPF fund.
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