MPF Consulting Service
provides you with professional insurance and MPF service, including:
- MPF member registration and asset transference service
- MPF personal accounts consolidation service
- Employment insurance and General insurance (including Liability insurance and Fire insurance)
- Group medical insurance
- Annuity plan (Steady stream of GUARANTEED monthly annuity payments for retirement)
- Keyman insurance
Advantages of our service:
- One-stop company registration services
- Reliable insurance and MPF service provided by corporate instead of individuals
- Easy and convenient application
What is MPF?
The Mandatory Provident Fund (MPF) is a compulsory saving scheme for the retirement of residents in Hong Kong, in which a monthly contribution to MPF schemes is required for most employers and employees according to their salaries and the period of employment.Starting from December 2000,except for exempt persons,employees and self-employed persons aged 18 to 64 are required to join an MPF scheme.
Guidelines for the employees – Member enrolment Within 60 days of their employment – for the enrolment of all non-casual employees aged between 18 to 65, engaging in full-time or part-time jobs for a continuous period of not less than 60 days
Within 10 days of their employment – for all casual employees
i.)employed on a day-to-day basis or for fixed period less than 60 days; and
ii.) engaged in the construction or catering industry
Should an employee terminate his/her employment with your company, the employee must
i.) Notify the trustee of the member’s termination within 10 days of the end of the calendar month in which it occurred; and
ii.) Settle the last contributions for the terminated member
