Article 15 of the "Regulations on the Administration of Housing Provident Funds"
When a unit hires employees, it shall go to the Housing Provident Fund Management Center to register for deposit within 30 days from the date of employment, and submit the deposit registration with the Housing Provident Fund Management Center. The review documents from the Housing Provident Fund Management Center are sent to the entrusted bank to handle the establishment or transfer of employee housing provident fund accounts. If the unit terminates the labor relationship with its employees, the unit shall go to the Housing Provident Fund Management Center to handle the change registration within 30 days from the date of termination of the labor relationship, and go to the entrusted bank with the review document from the Housing Provident Fund Management Center to handle the transfer or sealing of the employee housing provident fund account. formalities.