Our payroll processing services involves the outsourcing of the complete task of creating and maintaining records related to monthly payrolls, as well as executing payment on a timely basis with both national and international financial institutions.
This allows you to focus on your core operations especially as the business grows and the number of employees increases, leading to time spent on payroll management that could have otherwise been spent elsewhere.
Leading Knowledge on Local Matters
In addition, the implementation of the Wage Protection System (“WPS”) in the United Arab Emirates in 2010 has added a higher level of detail required that can be time consuming for many companies.
Although it may seem complicated, the WPS is simply a database and reporting system that was developed by the Central Bank of the United Arab Emirates in order to allow the Ministry of Labour of the United Arab Emirates to have a tool to ensure and guarantee the complete payment of employee wages in the private sector on a timely basis.
Non-compliance with the WPS system can lead to a ban and other penalties until resolved. It is therefore critical that all companies ensure they are compliant and our team of seasoned professionals can help automate the payroll process by utilizing our tailored systems that can track all changes and deductions and ensure the required format of the WPS is adhered to.
With You Every Step of the Way
Aside from the WPS, our team is proficient with all other local labour laws, whether the United Arab Emirates Labour Law or the free zone rules and regulations, such as the end of service benefit computation that must be accrued based on the provisions of the relevant article that are updated on a monthly basis and when changes in the workforce occur to generate reports on demand.
This allows us to be your trusted resource that you can count on.
Please refer to the Contact Us page for more information.