The scope of employment compliance extends to employee compensation coverage, employee benefits cover,age and the tax reporting obligation upon employers to mention a few. In the UAE, there are various laws that companies ought to comply with to run smoothly, this includes tax laws such as Value Added Tax (VAT) and Corporate Tax UAE, the Economic Substance Regulation (ESR), and transparency laws such as Counter Finance Terrorism (CFT) and Anti Money Laundering (AML). Top Professional Employer Organizations, (PEOs) and Employers of Record, (EORs) in the UAE provide compliance and risk professionals that are well-versed and updated with the prevailing employment laws and standards.
How to Maintain Employment Compliance?
International PEOs/EORs assists businesses in developing guidebooks, employee training, and constructive initiatives to avert penalties, claims, and fines for noncompliance. All these processes become seamless when you partner with a PEO or EOR in UAE. PEOs and EORs conduct internal examinations regarding worker complaints or employment violations if they occur. The services of PEO/EOR assist to ensure that such examinations are conducted properly and legally. Further, this gives employers space to focus on other employment facets such as the company’s growth and development.
To add on, PEOs in the UAE act as an employer for the employees in the global employer of record, this relieves companies from most of the responsibilities that come with running a business locally or internationally. Pairing with an EOR/ PEO transfers the entire risk to the EOR/ PEO. A certified human resource compliance PEO /EOR ensures clients’ compliance with a range of federal, state, and local business regulations, including those that are industry specific. Consult HR outsourcing in UAE to find the best partners.
Choose the Best PEO and EOR Services in the UAE
Noncompliance accrues hefty fines upon employers; thus, it is imperative to outsource the services of top PEO/EOR’ in the UAE to avert penalties for noncompliance. Thus, contact us today and we shall be happy to assist you.
Hazem is an accomplished senior associate in HHS Lawyers with more than 20 years of experience attained in distinct employment matters. He has comprehensive expertise in labor litigation and has also advised on a manifold of labor matters. He draws much attention to employment law.
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.