Recently, the Wage Protection System (WPS) was implemented in DMCC. DMCC WPS Registration is mandatory and registration of employees with an active employment visa or personal identity card (PIC) is compelled businesses ought to ensure the processing of worker’s payroll through the WPS system monthly.
Noncompliance to the DMCC WPS’s standards accrues penalties upon employers, thus it is imperative to seek the expert services of accredited UAE payroll consultants to seamlessly register and stay compliant.
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Businesses operating in the DMCC Free Zone must install the WPS software, register on the DMCC website, and set up monthly employee wage payments through an accredited local financial institution.
Businesses have to ensure the usage of WPS networks upon managing payroll monthly.
The Wage Protection System (WPS) is an electronic wage transfer system that monitors and oversees the payment of workers’ salaries in the UAE and allows the Ministry of Human Resources and Emiratisation (MOHRE) to keep a record of the private sector’s stipulated salary payments and to guard the workers’ wage.
The wage protection system offers the following benefits;
The WPS registration process in DMCC, UAE is quite straightforward, the setup can be accessed at the MOHRE’s portal. Firstly, one has to enter the requisite data issued by the respective organization to register.
After registering, the next step is logging in where you can modify the following details.
It is vital to note that the elected date for WPS salary payment should have a difference of one month only as issued by MoHRE.
Also read: All Things to Know About Wps(Wage Protection System) Payroll in UAE
Also, it’s mentioned that if workers depart or enroll in the organization they have to download a new list for employees and attach it to the application.
Once a business has created an account, the subsequent payment transaction has to be completed:
After the implementation of the Wage Protection System (WPS) system in DMCC, companies must seek expert consultation from accredited UAE Payroll Consultants to seamlessly register employees with an active employment visa or personal identity card (PIC) and to stay compliant with the DMCC Authority’s regulations and standards.
Thus, contact us today and we shall be happy to assist you.
With a vast experience of 10 years, Jean Rodas is a specialist in managing all aspects of Payroll and HR. Within Payroll, she has comprehensive knowledge in areas such as computation of final settlement, payslips, WPS registration, salary transfers, leave trackers, and end of service benefits among others, which she has successfully carried out for clients from diverse industries.