Fines to be imposed on Companies for Non-Compliance to Emiratisation requirements from July 1st
11 February 2023
Gandhi AlMinaj
The penalties under the amended
scheme will now be imposed 'semi-annually'
The fines are not new. It is the
process of implementing the Emiratisation scheme that has been revised.
What has changed?
The annual goal of increasing emiratisation
rates by 2% has been divided into two parts, with 1% required in the first half
of the year and the remaining 1% required in the second half.
In accordance with the UAE
Government's directives, this measure ensures that the Emiratisation drive
continues year-round.
After the implementation of the Emiratisation targets last year, private companies with at least 50 employees must employ at least 3% Emiratis by July 1, 2023, and 4% by the end of the same year. Companies that fail to hire 1% of Emiratis will be fined Dh7,000 for each unhired Emirati on a semi-annual basis rather than annually.
Latest News
05/01/2024
Arushi Dhawan
04/22/2024
Manasi Dicholkar
04/20/2024
Ajmal Khan Nadakkal
