No matter the size of the client, the number of employees, or the complexity of the payroll, we can customise our offers to meet the needs of the customer. While some of our clients opt for our service to outsource their non-core tasks in order to save their operating costs, other clients wish to keep payroll-related information private from the internal staff. More importantly, having an employee in a firm entails a vast list of administrative and legal responsibilities, all of which KGRN can help customers with, either on an advice basis or through implementation. This is a list of the services that are included in our payroll management package.
- Issue of monthly payslips, salary certificates, and letters requesting bank transfers.
- Employee leave administration, including paid time off and holidays
- Employee No Objection Certificates (NOC) are issued
- Writing offer letters
- Help with applying for and choosing the best health/medical insurance
- Support with the Wages Protection System setup (WPS)
- Computation of mandatory gratuities under UAE labour law.
- Calculating the end of the settlement in cases of termination during or following the probationary period in accordance with UAE labour regulations.
Advantages of selecting our Payroll Services in the UAE
Cost-Effectiveness
Employing a full-time accountant in the UAE entails a number of responsibilities and expenses, including monthly wages, annual air tickets, visa, emirates ID, and labour contract fees, mandatory health insurance, gratuity clauses, annual leaves, training expenses, and overtime expenses. Compared to the total cost of engaging an internal accountant, our fixed monthly costs, which are tailored to your needs, will be far less expensive.
Access to Expert Knowledge
Our knowledgeable staff members will be able to advise you on a wide range of matters relating to UAE labour legislation, making sure that you are in compliance with any most recent modifications. Also, the organisation will benefit from operational efficiency by outsourcing these non-core activities.
Enhanced Security and Confidentiality
Outsourcing the payroll function will reduce the risks of sensitive data leakage, employee identity theft, and potential financial resource misuse.
Payroll Services FAQs
What are the payroll services costs in Dubai/UAE?
We provide our clients that outsource their bookkeeping to KGRN with a complementary payroll administration solution. Please click here if bookkeeping services are also of interest to you. However, if for the time being all you’re interested in is payroll services, please get in touch with us so we can talk about your needs and adjust our services accordingly.
What is the WPS?
Wages Protection System (WPS) is an electronic salary transfer system that enables organisations to pay employees’ salaries through banks, bureaux de change, and other financial institutions that have been approved and permitted to offer the service. To ensure the timely and complete payment of agreed-upon wages, the Ministry of Labour can construct a database that tracks salary payments in the private sector using the system created by the Central Bank of the UAE. Several sorts of labour will profit from the WPS, which is open to all institutions registered with the Ministry across all sectors and industries. (Refer to the Ministry of Labor)
What does end-of-service gratuity mean?
End of service gratuity is a sum of money that every employee in the United Arab Emirates is entitled to receive from their employer once their employment has come to an end. The UAE labour law is in charge of this.
In Dubai/UAE, how is the end of service determined?
A number of variables affect this. Calculating the End of Service Gratuity requires taking into account several factors, including the total compensation, base pay, length of service, kind of employment contract, and termination or resignation. For more information, kindly contact us.
Do you offer HR services?
In addition to payroll services, our in-house human resources specialist can offer comprehensive guidance on UAE labour law, employment contracts, hiring employees, creating staff manuals, managing terminations and layoffs, securing visas, and more. If you have any questions concerning these services, don’t hesitate to contact us.
Can I sponsor employees even though my company is not yet officially incorporated in the UAE?
In the UAE, it is acceptable to hire someone without having a recognised business. Employer of Record, often known as employment visa outsourcing services, can provide this service (EoR).
