accounting firms dubai

Payroll Administration

An outsourced solution to help you concentrate on key
business matters while we take care of your staff.

accounting firms dubai

Payroll Management & Administration Services Dubai

Our outsourced payroll service provides clients with a reliable automated process that ensures central management accuracy of employee payroll records and the benefit of a team that is continuously up-to-date with employee compliance issues and labor laws.

Outsourcing payroll administration offers many advantages; lower administrative costs, efficient and streamlined procedures, lower error rate than internally managed functions and better control over sensitive employee information.

What we offer

  • Payroll processing in compliance with UAE Labor Law
  • Wages Protection System (WPS) setup and assistance. to learn more about WPS.
  • Payroll reporting
  • Preparation of employee payslips
  • Leave balance tracking and statements
  • Processing of bonuses, expense claims, and other payments
  • Maintenance of payroll records
  • Other payroll administrative services upon request

Wages Protection System (WPS) is an electronic salary transfer system that allows companies/institutions to pay workers wages via banks, bureaux de change, and financial institutions approved and authorized to provide the service.

The system, developed by the Central Bank of the UAE, allows the Ministry of Labour to create a database that records wage payments in the private sector to guarantee the timely and full payment of agreed wages.

The WPS covers all institutions registered with the Ministry across all sectors and industries and will benefit different categories of labour. The WPS reflects the UAE’s leading position in the region, and will increasingly project the country as a model worth emulating in the following areas:

Reiterating commitment to protect workers’ wages:

  • Providing innovative solutions that help employers safeguard their own interests and reduce the time and effort needed to pay workers’ wages.
  • Taking serious steps to improve job security in order to strengthen work relationships in the UAE and safeguard the rights of all parties concerned.
  • Entrenching transparency and competitiveness.
  • Ensuring that the UAE Ministry of Labour is regularly and constantly updated on wages data in the private sector in order to guarantee that employers fulfill their salary obligations.
  • Taking protective and proactive measures to reduce labour disputes pertaining to wages.

WPS targets the following parties from the Ministry partners:

  • Workers: each and every individual who works in the private sector in return for agreed-upon wages and who has a labour card issued by the Ministry.
  • Employers: whoever owns a company or institution registered with the Ministry and hires one or more workers in return for agreed-upon wages.
  • Banks:  the financial institution  the employer has a bank account with which is used to transfer the wages  through WPS to the appointed agent to distribute to the workforce.
  • Agent: any bank, bureau de change, or financial institution approved and authorized by the Central Bank of the UAE to offer wages payment services via WPS. The Central Bank of the UAE will issue a regularly updated list showing names of approve