Registration of a company name is one of the important preliminary steps an entrepreneur has to undertake before establishing a business in Dubai. The city offers a friendly business climate, combined with its strategic location and highly developed infrastructure, making it one of the prime business hubs. One has to follow some guidelines and steps … 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
Dubai’s business landscape offers an attractive destination for investors seeking to establish a mark in UAE’s ever-growing financial sector and business-friendly ecosystem. Dubai’s strategic location enhances its appeal to foreign investors and entrepreneurs, providing them access to the global market. This creates demand for asset management companies in Dubai because new businesses often seek professional … 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
Leave salary calculation is one of the aspects of the UAE labor laws that can be confusing for many employers and employees. You may be wondering if your leave pay will be calculated on the basic salary only or whether you are entitled to your full salary. Employers, on the other hand, would want to … 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