To enhance benefits for employees and employers in the private sector of UAE, the government of the United Arab Emirates has approved a new voluntary form of program known as the Alternative EOSB Scheme. This article will give fundamental knowledge of the new Alternative EOSB Scheme and how it is different from the end-of-service gratuity … Read more
The labor laws of the UAE have clearly stated how end-of-service benefits are to be calculated, as they are a form of severance granted to employees upon the termination of their employment contract. This article will help you understand the basics of gratuity calculation in the UAE, keeping both employers and employees up to date … Read more
Launching an asset management company in Dubai requires selecting the right jurisdiction, securing DFSA or relevant authority approval, meeting capital requirements, and obtaining a trade license. A strong compliance framework, defined service scope, and a clear post-licensing plan are essential for fast approval and long-term sustainability. Learn Our Business Services in Dubai Why Dubai is … Read more
The General Organization for Social Insurance (GOSI) was formed in 1973 in the Kingdom of Saudi Arabia with a view to implement the provisions of the Law of Social Insurance, promulgated under Royal Decree No M/2 of 1969. Its main function is to set and monitor the implementation of mandatory insurance provisions, receive employers’ contributions, … Read more
Company formation in Dubai World Trade Centre was set up to provide a well-regulated business environment that can compete effectively in local and international markets. The free zone is governed by the Dubai World Trade Center Authority (DWTCA) and provides incentives for local expatriates to use Dubai as a platform to enter local and regional … Read more
What is a Wage Protection System? Wage Protection System or WPS is one of the successful HR services introduced by MoHRE (Ministry of Human Resource and Emiratization) in cooperation with the UAE Central Bank. It is an electronic system of salary payment that helps the organizations to transfer wages to their workers through bureau de … Read more