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
The Wage Protection System (WPS) is one of the most important steps adopted by the UAE Ministry of Human Resources and Emiratisation to ensure each employee working in the private sector receives full and timely remuneration. If you are an employer in Dubai, registration into WPS would be imperative to the requirement of any statute; … Read more
Company formation in Dubai World Trade Centre was set up to provide a well-regulated business environment that can compete effectively in local and international markets. The free zone is governed by the Dubai World Trade Center Authority (DWTCA) and provides incentives for local expatriates to use Dubai as a platform to enter local and regional … 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 WPS? 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 change, banks, or … Read more
Dubai is one of the fastest-growing business centers across the globe. It offers open opportunities to entrepreneurs and businesses. It is therefore necessary to have an idea of various activities carried out in Dubai by any entrepreneur eyeing operation in the growing market. This article shall discuss the general list of business activities in Dubai; … Read more