27.5 C
Dubai
Thursday, October 31, 2024
spot_img

Announces fines of up to $140,000 for private companies violating emirate rules

[ad_1]

United Arab Emirates – The Ministry of Human Resources and Emiratisation (MoHRE) has announced that it will impose fines of up to AED500,000 on companies found to be circumventing Emiratisation rules.

The ministry said the violations included reducing the number of employees or modifying their classification or any other method to circumvent the goal of emiratization.

According to the resolution, a company that is proven to be circumventing the goal of emiratization for the first time will be fined Dh100,000; for the second violation, it will be fined Dh300,000, and for the third violation, it will be fined Dh500,000 fine. Similar violations after the third time will result in a fine of Dh500,000.

Any company that finds a breach will be obliged to achieve the desired emiratization goals based on its actual status prior to circumvention.

This is in line with the implementation of UAE Cabinet Resolution No. 44 of 2023 on amending the provisions of Cabinet Resolution No. 95 of 2022 on non-compliance and administrative penalties related to the initiatives and programs of the UAE Council for Talent Competitiveness (Nafis).

The Cabinet resolution on the Emiratisation target requires companies with 50 or more employees to increase the number of their UAE employees in skilled jobs by 1% every six months, eventually achieving 2% Emiratisation by the end of the year. The target company expects to achieve a 10% emiratization rate by the end of 2026.

Non-compliant companies will face a financial contribution of Dh42,000 for each Emiratis not appointed against the semi-annual target.

Copyright © 2022 Khaleej Times. all rights reserved. Supplied by SyndiGate Media Inc. (Syndicate Information).

[ad_2]

Source link

Related Articles

The Journey of Berrylush: A Story of Passion, Perseverance, and Purpose

In 2018, Berrylush was born from the shared vision of two IIM graduates, AnushaChandrashekar and Alok Paul, who saw a glaring gap in the...

UAE Strengthens Global Alliances: Landmark Diplomatic Engagements with Russia and Singapore Propel Strategic Partnerships

UAE has been actively engaged in high-level diplomatic efforts, further cementing its role as a key player on the global stage. Recently, President Sheikh Mohamed...

Sheikh Mohamed bin Zayed and Sheikh Mohammed bin Rashid Join Forces to Shape UAE’s Future Development

Sheikh Mohamed bin Zayed Al Nahyan and Sheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, convened for high-level discussions centered on the...

New Bridges on Al Khail Road Boost Mobility and Unlock Growth

New bridges on Al Khail Road marks a major milestone in the UAE’s commitment to enhancing mobility and supporting economic growth. As one of Dubai’s...

UAE Visa Amnesty Program Empowers Thousands with a Fresh Start.

UAE latest visa amnesty program has brought a wave of relief and optimism, offering thousands of individuals an opportunity to regularize their immigration status. Launched...

Latest Articles