Payroll Middle East provides payroll and HR solutions, which can potentially save your business as much as 50% of costs in comparison to retaining a payroll professional in-house.
UAE regulations on wages of employees
As per the Ministerial Decree (No. 739) of 2019 on the Protection of Employee Wages, registered businesses in the UAE must subscribe to the Wages Protection System of the UAE (WPS) and pay employee wages through the WPS in a timely manner. Seek the help of our team of payroll specialists for WPS setup assistance and payments in order to avoid incurring fines and penalties from the Ministry of Human Resources and Emiratization.
Take note that local regulators will neither deal with business owners or process any transactions that are not registered with the UAE WPS until they are registered in the system.
Let Payroll Middle East handle complex processes of handling payroll in UAE, especially if your company payroll is currently needlessly consuming a considerable amount of resource and energy of employees. With a team of highly skilled and dedicated payroll specialists, the firm can help you run your business assured that you have a trusted partner that is handling payroll processing accurately and in compliance with the local legislation. All your payroll data will be maintained both securely and accurately, and you can request your payroll information anytime.
Benefits That You Get In Outsourcing Payroll Services in UAE
In UAE, only a few service providers are able to provide reliable payroll and HR solutions while meeting international and local service quality expectations. At Payroll Middle East, we are the preferred partner of a number of businesses in the region and here are just some of the reasons why:
Understanding and defining the scope of payroll services are critical when acquiring expert help. Our payroll team which is composed of experts can make sure you are given a clear scope of the services you are acquiring, outlining our responsibilities with respect to your company payroll. Since the payroll services we provide in UAE are tailored to the specific needs of businesses, they can include regulatory updates, end-of-service calculations, WPS setup and salary transfers, statutory payments and filings, distribution of payslips, audit assistance, reports generation, financial accruals, retroactive calculations, and leave management.
The firm has local presence in Dubai, Abu Dhabi, Sharjah, and all the other emirates in UAE. This means we can process your payroll locally and help you whenever an inspector from MOHRE walks into your place of business for questioning.
Our payroll specialists work conscientiously, which is why clients are only provided with the services that they actually need. Our service level agreements include specifications on performance goals to help businesses with their payroll and HR functions. This includes payment and processing timelines, turnaround time for questions and queries of company management and employees, recording of general ledger transactions, recording overtime, requesting leaves, and maintaining personal information of employees.
The firm is one of the partners of an international association of independent firms. Having passed through vigorous due diligence, clients get the assurance that they are guided by qualified and trusted firm for their payroll processing.
Payroll processing is extremely time-sensitive. Businesses in UAE don’t want to face situations where they are late in distributing company funds for employee wages as they will get fines and penalties. We’ll help you minimize risk and process payroll in a timely manner. We also provide assistance for WPS files that get rejected or revisions of payroll calculations.
Outsourcing your payroll and HR functions is one of the most important things you are able to do when operating a business in UAE. It can save you resources while allowing you to put more focus on your business’ critical activities. There is no shortage of payroll outsourcing service providers in the region, which is why it is essential that you only partner with the right payroll solutions firm that is reliable, flexible, and well-versed with the local regulations. As we’re based locally, we also provide clients the latest updates on statutory regulations that affect their company payroll.
Payroll Specialists in UAE
Payroll Middle East provides flexible and innovative solutions for the payroll and HR functions of businesses in UAE, as well as Oman, Bahrain, Qatar, Kuwait, and Saudi Arabia. For several decades, Payroll Middle East has retained a team of in-country payroll specialists that support businesses and global leaders across a variety of industries with their compliance and payroll related matters. Our highly skilled and experienced team leverages their expertise in providing clients guidance on critical HR processes such as the handling of payroll.
Contact our payroll processing team today by giving us a call or sending us your inquiry online! Initial consultations are free, so don’t hesitate to reach out today!