Employment Matters
Employment Laws
Hong Kong have a comprehensive set of employment laws which protect both businesses and employees.
Any individual wishing to take up employment in Hong Kong, whether for a salary or not, is required to possess either a Hong Kong Permanent Identity Card, a visa issued by the Immigration Department or be exempt from any restrictions to work in Hong Kong.
Mandatory Insurance
All businesses, whether incorporated or unincorporated, if the carry on business and have employees, they are required to take out :
1. Employee's Compensation Insurance; and
2. set up and subscribe to a Mandatory Provident Scheme.
Employee' Compensation Insurance
Under the Employee's Compensation Ordinance, all businesses are required to take out such insurance for the benefit of their employees resulting in injury, death or occupational disease to an employee arising out of their commute to and from their place of employment and in the course of their employment.
Mandatory Provident Scheme
Under the Mandatory Provident Fund Ordinance, a businesses, whether incorporated or unincorporated, if carrying on business and have employees, which include a sole-proprietor and partners in a partnership, is required to set up and maintain a Mandatory Provident Fund ("MPF") with a licensed MPF provider.
Under the scheme, the employer is required to deduct 5% of the employee's monthly salary, up to a maximum sum of HK$1,500, and pay it to the MPF. The employer is also required to contribute an equivalent sum to the MPF.
The employee may opt to make additional contributions if he or she wishes to do so, but only out of their salary. Whilst the employee opts to make additional contributions, the employer is not required to do so.
Hong Kong have a comprehensive set of employment laws which protect both businesses and employees.
Any individual wishing to take up employment in Hong Kong, whether for a salary or not, is required to possess either a Hong Kong Permanent Identity Card, a visa issued by the Immigration Department or be exempt from any restrictions to work in Hong Kong.
Mandatory Insurance
All businesses, whether incorporated or unincorporated, if the carry on business and have employees, they are required to take out :
1. Employee's Compensation Insurance; and
2. set up and subscribe to a Mandatory Provident Scheme.
Employee' Compensation Insurance
Under the Employee's Compensation Ordinance, all businesses are required to take out such insurance for the benefit of their employees resulting in injury, death or occupational disease to an employee arising out of their commute to and from their place of employment and in the course of their employment.
Mandatory Provident Scheme
Under the Mandatory Provident Fund Ordinance, a businesses, whether incorporated or unincorporated, if carrying on business and have employees, which include a sole-proprietor and partners in a partnership, is required to set up and maintain a Mandatory Provident Fund ("MPF") with a licensed MPF provider.
Under the scheme, the employer is required to deduct 5% of the employee's monthly salary, up to a maximum sum of HK$1,500, and pay it to the MPF. The employer is also required to contribute an equivalent sum to the MPF.
The employee may opt to make additional contributions if he or she wishes to do so, but only out of their salary. Whilst the employee opts to make additional contributions, the employer is not required to do so.
