The legal regulation of issuing clarifications in the UAE has now got its legal framework with the issuance of Decision No. 5/2024 by the FTA. These Clarifications are official documents that offer rulings regarding certain transactions from the perspective of tax legislation, which assists businesses and people in dealing with the intricacies of distinguished tax … Read more
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
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