22.1 C
Dubai
Sunday, November 17, 2024
spot_img

Law Query: Entrepreneur Seeks Emiratisation Clarity

Effective January 2023, the Emiratisation law directly applies to all companies, whether existing or newly established. For employers in the private sector with over 50 employees, they are required to increase their Emiratisation rate by 2% annually for skilled workers.

This 2% Emiratisation law specifically applies to private sector establishments registered with the Ministry. Companies must adhere to the following scheme based on their number of skilled workers:

  • For 50 skilled workers: Employ at least one UAE national employee.
  • For 51 to 100 skilled workers: Employ at least two UAE national employees.
  • For 101 to 150 skilled workers: Employ at least three UAE national employees.
  • For more than 151 workers: Employ one UAE national employee for every 50 workers.

Failure to meet the Emiratisation targets will result in fines, which are as follows:

  • A fine of Dh 6,000 per month for each unemployed UAE national.
  • A maximum fine of Dh 100,000 may apply if the company engages in fraudulent Emiratisation practices, submits false documents, or misrepresents data to gain Nafis benefits.
  • The fine may also be applicable in cases where an employee does not join work after the work permit is issued, and the establishment continues to receive Nafis support.
  • If an employee benefiting from Nafis exhibits non-commitment towards work, and the employer fails to notify Nafis, the maximum fine may be imposed.
  • The company may face fines if they do not employ an Emirati after the individual completes the Nafis training program and the company fails to provide a valid justification.
  • Fines can also be imposed if the company does not report any changes in the benefit terms without a reason acceptable.

Related Articles

From Seed to Superfoods The Inspiring Journey of Bharat Budhiraja and Urbana Superfoods

In a world teeming with fast-paced food trends, Bharat Budhiraja is charting a unique path with his brand, Urbana Superfoods, owned by Krish Perennials Pvt....

U.S. Dollar Surges Amid Market Volatility: Fed Comments Spark Shifts in Euro and Yen as Economic Uncertainty Grows.

U.S. dollar is experiencing a significant surge as global currency markets react to recent developments, particularly comments from the U.S. Federal Reserve about potential...

UAE Amplifies Compassion: Humanitarian Aid to Gaza Reaches 121 Deliveries with ‘Operation Chivalrous Knight 3

UAE commitment to humanitarian aid has once again been highlighted through its ongoing support for the people of Gaza. In a significant effort to alleviate...

Cryosphere in Crisis: Urgent Call for Global Action as Rapid Ice Loss Threatens Economies and Ecosystems

Cryosphere, encompassing Earth's frozen water reserves—ice sheets, glaciers, sea ice, snow cover, and permafrost—is undergoing dramatic transformation due to accelerating global warming. Scientists are raising...

UAE and India Forge Strategic Energy Alliance for Sustainable Growth

UAE and India has entered a new phase as both countries commit to expanding their strategic energy partnership with a strong focus on oil,...

Latest Articles