I. Scope of Application:
An employer shall process the account establishment procedures for the hired employees without a personal housing provident fund account within 30 days from the date of employment.
II. Application Materials:
1. The Shanghai Housing Provident Fund Contribution Change List which is completed and stamped with the official seal of the employer or the special seal for housing provident fund business shall be provided in duplicate for establishment of an account by contribution; the Shanghai Housing Provident Fund Supplementary Contribution List which is completed and stamped with the official seal of the employer or the special seal for housing provident fund business shall be provided in duplicate for establishment of an account by supplementary contribution;
2. To establish a personal housing provident fund account for employees working in Shanghai who are expatriates or have obtained the permanent (long-term) right of residence abroad, a copy of one of the documents, including the employee’s foreign passport and foreign permanent resident identity card, shall also be provided.
To establish a personal housing provident fund account for Hong Kong, Macao and Taiwan employees working in Shanghai, a copy of one of the documents, such as the Residence Permit for Hong Kong and Macao Residents, Residence Permit for Taiwan Residents, Mainland Travel Permit for Hong Kong and Macao Residents, and Mainland Travel Permit for Taiwan Residents, shall also be provided.
III. Service Methods:
Offline:
Service outlets of China Construction Bank for the housing provident fund.
Online:
Shanghai Housing Provident Fund Website (www.shgjj.com), “Shanghai Provident Fund” app, and “Government Online-Offline Shanghai” PC client.
IV. Processing Period:
No more than three working days, if the formalities are complete.
V. Notes:
For employees working in Shanghai who are expatriates, have obtained the permanent (long-term) right of residence abroad, or are Hong Kong, Macao and Taiwan residents, the establishment of a personal housing provident fund account shall only be processed through offline service outlets.