Page 34 - Premier Brains Global -Doing Business in UAE (Low Res)

DOING BUSINESS in UAE

employees. It is overseen by the Central
End of Service Benefits
Bank of the UAE. The system allows the
(EOSB) labour department to create a database
that records wage payments in the private
An expatriate employee is eligible to sector to guarantee the timely and full
certain benefits at the completion of payment of agreed-upon wages.
their employment if they have worked a There is no minimum salary stipulated in the
continuous one year or longer. EOSB is UAE Labor Law. However, the law does state

typically calculated as 21 days for each year that salaries must cover the basic needs of
of the first 5 years of service and 30 days for the employees.
any subsequent year of service.
Remuneration is typically divided into three
components: basic salary, accommodation
allowance and transport allowance.
Other Aspects The UAE Labor Law identifies the normal

working hours for the private sector as 8
Usually, salaries in mainland companies is hours per day or 48 hours per week. The
paid through the Wage protection system working hours may be increased to 9 hours
(WPS). The WPS is an electronic salary a day for certain business industries. Normal
transfer system that was set up by the working hours are reduced by two hours
UAE to regulate the payment of salaries to daily during the holy month of Ramadan.

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