Opening an employee mandatory provident fund hong kong account would be a one-time job. However, contributing would not be easier for the employer. It would be imperative to pay contributions for your employees once for the contribution period. It would usually be the wage period.
Most employers have the belief that contributing to the MPF would imply paying up every month on time. However, there is more than that to MPF contribution. You would require calculating, deducting, and paying the contribution every wage period. It would be imperative for you to look after your staff and meet the legal contributions with Primasia.
