Automatic Exchange of Financial Account Information to be Implemented for MPF Schemes and ORSO Registered Schemes on 1 January 2020

With the legislative amendments made to the Inland Revenue Ordinance, Automatic Exchange of Financial Account Information (AEOI) in tax matters relating to MPF schemes and ORSO registered schemes will take effect on 1 January 2020. Therefore, holders of all new MPF and ORSO accounts opened on or after 1 January 2020 will be required to submit a self-certification to verify their tax residency. Otherwise, the account opening process will be adversely affected and could not be completed.

As a reporting financial institution, BCT will comply with the due diligence and reporting obligations relating to the AEOI. To facilitate you to learn the details of the new arrangement, please view the quick guide "AEOI in Tax Matters and How It May Impact You". You can also go to our dedicated AEOI webpage for more details.

Regular Employee

Casual Employee

Self-employed person

Enrollment Timeline: within 60 days of employment.

Just one step to take:

Fill-in form

Download and complete the Member Enrollment Form (Note: Authorised signature with company chop are required) and send it to us.

Upon completion of your enrollment

Notice of Participation will be sent to your employees within five working days upon receipt of the enrollment form.
Email or SMS notification will be sent to your employees for retrieving a verification code, which could be used for password set up via member website afterwards.

Please read the relevant MPF Scheme Brochure before completing the above application forms.

Enrollment Timeline: the next working day following the 1st pay day or the 10th day from the commencement of employment, whichever is earlier.

Just one step to take:

Fill-in form

Complete the following forms and send to us directly

Upon completion of your enrollment

Notice of Participation and Casual Employee Card will be sent to your employees within five working days upon receipt of the enrollment form.
Email or SMS notification will be sent to your employees for retrieving a verification code, which could be used for password set up via member website afterwards.

Please read the relevant MPF Scheme Brochure before completing the above application forms.

Fill-in form

Upon completion of your enrollment

Fill-in form

Upon completion of your enrollment

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