MPF/ORSO
                                                               
                                                               

                                                              Download Zone

                                                              BCT (MPF) Pro Choice / BCT (MPF) Industry Choice
                                                              Form NameReference code
                                                              Employees
                                                              Member Enrolment Form (and CRS Self-Certification) - BCT (MPF) Pro Choice AP (REE)-MT
                                                              Member Enrolment Form (and CRS Self-Certification) - BCT (MPF) Industry Choice AP (REE)-IS
                                                              Application Form – Casual Employee
                                                              (and CRS Self-Certification) - BCT (MPF) Industry Choice
                                                              AP (CEE)
                                                              Member Enrolment Form (and CRS Self-Certification) (For the use of Employees of the Government of HKSAR only)- BCT (MPF) Pro Choice AP (REE)-HKSAR
                                                              Employers
                                                              Application Form – Employer (and CRS Self-Certification) - BCT (MPF) Pro Choice AP (ER)
                                                              Application Form – Employer (and CRS Self-Certification) - BCT (MPF) Industry Choice AP (ER)
                                                              Self-employed
                                                              Application Form – Self-employed Person (and CRS Self-Certification) - BCT (MPF) Pro Choice AP (SEP)-MT
                                                              Application Form – Self-employed Person (and CRS Self-Certification) - BCT (MPF) Industry Choice AP (SEP)-IS
                                                              Personal Account Members
                                                              Application Form – Personal Account Member (and CRS Self-Certification) - BCT (MPF) Pro Choice AP (PM)-MT
                                                              Application Form – Personal Account Member (and CRS Self-Certification) - BCT (MPF) Industry Choice AP (PM)-IS
                                                              Others (SVC, TVC, DDA, Information Update)
                                                              Application Form – Special Voluntary Contribution (SVC) (and CRS Self-Certification) - BCT (MPF) Pro Choice AP (SVC)-MT
                                                              Application Form – Special Voluntary Contribution (SVC) (and CRS Self-Certification) - BCT (MPF) Industry Choice AP (SVC)-IS
                                                              Application Form – Tax Deductible Voluntary Contribution (TVC) (and CRS Self-Certification) - BCT (MPF) Pro Choice AP (TVC)-MT
                                                              Application Form – Tax Deductible Voluntary Contribution (TVC) (and CRS Self-Certification) - BCT (MPF) Industry Choice AP (TVC)-IS
                                                              New / Change of Direct Debit Authorisation Form – (Employer / Self-employed Person) - BCT (MPF) Pro Choice / BCT (MPF) Industry Choice DDA-NEW/IU (ER/SEP)
                                                              Information Update Form (For Participating Employer) - BCT (MPF) Pro Choice / BCT (MPF) Industry Choice IU (ER)
                                                              Information Update Form (For Scheme Member) - BCT (MPF) Pro Choice / BCT (MPF) Industry Choice IU (MEM)

                                                               

                                                               

                                                              BCT Premier Pooled ORSO Retirement Plan
                                                              Form NameReference code
                                                              Member Enrolment Form and Self-Certification Form (Individual) for CRS AP (REE)-ORSO
                                                              Information Update Form (For Participating Employer) IU (ER)-ORSO
                                                              Information Update Form – Employee IU (REE)-ORSO

                                                               

                                                              If you encounter difficulty in downloading the form(s) here, you may go to the Form section to find the form(s) you need.

                                                               

                                                              Implications to Scheme Members and Employers

                                                              Please be reminded to use the new forms starting from 1 January 2020 (New forms will be available for download from our website since 3 December 2019)

                                                               

                                                              For New Scheme Members

                                                              With effect from 1 January 2020, new members must provide a valid self-certification, a formal declaration that account holders make in connection with their tax residence under the AEOI regime, which is embedded in the relevant enrolment form.

                                                               

                                                              For Pre-existing Members
                                                              (i.e. holding accounts which are already in existence on 31 December 2019)

                                                              • BCT will perform the due diligence within the statutory timeframe, including procedures for the review of electronic and paper records, as applicable.
                                                              • Under certain circumstances (e.g. change in tax residency or personal particulars), pre-existing members may also be required to provide a valid self-certification. In this case, BCT will notify the relevant members for necessary arrangement.

                                                               

                                                              For Employers

                                                              • New employers joining the MPF schemes / ORSO registered schemes will be asked to complete the entity self-certification, which is incorporated in the relevant application forms and / or the details of controlling person.
                                                              • As employers are required by law to enroll newly joined employees in an MPF scheme within the permitted period and make timely MPF contributions, they are reminded to take all practical steps to request new employees to complete, sign and submit the self-certification forms properly and promptly when enrolling these new employees into MPF schemes and ORSO registered schemes. Otherwise, account opening process will be adversely affected and could not be completed.

                                                              Know More About AEOI

                                                              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.

                                                               

                                                              Objectives

                                                              • To comply with the Organisation for Economic Cooperation and Development (OECD)’s Common Reporting Standard (CRS) established in July 2014
                                                              • To enhance tax transparency and combat cross-border tax evasion
                                                              • To fulfill Hong Kong’s obligations and responsibilities as an international financial centre

                                                               

                                                              What is AEOI?

                                                              MPF schemes and ORSO registered schemes will become reporting financial institutions (Reporting FIs), and are required to comply with the due diligence and reporting obligations by collecting the tax residence information of scheme members and reporting to the Inland Revenue Department (IRD) the account information of those members who are tax residents outside Hong Kong and reportable persons. The IRD will transmit the information to the relevant tax authorities in AEOI partner jurisdictions.

                                                               

                                                              Information to be reported

                                                              Scheme members and employers (i.e. entity) will be asked to provide the following information in the self-certification, which is incorporated in the relevant application forms or in standalone approach.

                                                              Scheme members

                                                              • Name
                                                              • Residence Address
                                                              • Date of Birth
                                                              • Jurisdiction(s) of Tax Residence
                                                              • Tax Identification Number(s) (TIN)
                                                                 

                                                              Employers (i.e. entity)

                                                              • Name
                                                              • Business Address
                                                              • Jurisdiction(s) of Tax Residence
                                                              • Tax Identification Number(s) (TIN)
                                                              • Entity Types (i.e. CRS classification)
                                                              • Details of Controlling Person (for certain entity type)