Submitted by pgsuat on Thu, 08/20/2020 - 18:16

The sole proprietor or partner in a partnership will be regarded as a self-employed person and is required to contribute to an MPF scheme for their own retirement benefits. If the sole proprietor or partner is earning less than HK$7,100 per month or HK$85,200 per year, no contribution is required. If the person is earning more than these amounts, they need to contribute 5% of their income to an MPF scheme as mandatory contributions, subject to a maximum of HK$1,500 per month or HK$18,000 per year (with effect from 1 June 2014).

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