Payroll Outsourcing Dubai
Black Swan Business Setup Service Dubai can handle all aspects of managing and handling payroll for our clients. No matter the size of the client, the number of workers, or the complexity of the payroll, we can make our offers fit the client’s needs.
Some clients choose our service to lower their operational costs by outsourcing their non-core activities. Other clients choose our service because they don’t want their workers to know anything about payroll. More importantly, having an employee in a company comes with a long list of administrative and legal requirements, with all of which Black Swan can help clients either by giving advice or by doing the work. Here is a list of the services included in our payroll handling package.
- Sending out monthly payslips, salary certificates, and bank transfer letters.
- Leave management to the workers, for example. Holidays, absences, and paid leaves
- Issuing No Objection Certificates (NOC) for employees
- Preparing offer letters and helping with the application and also selection of acceptable health and medical insurance
- Help with the setting of the Wages Protection System (WPS).
- Calculating statutory gratuity payments according to UAE wage law
- According to UAE labour law, the end of settlement is to be calculated if the worker is fired during or after the probationary period.
Benefits of choosing our Payroll Services in UAE
- Cost-effectiveness
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When you hire a full-time accountant in the UAE, you have to pay for things like their monthly salary, annual air tickets, visa, UAE ID, and labour contract fees, required medical insurance, gratuity provisions, yearly leaves, training costs, and overtime costs. The total cost of getting an in-house accountant will be a lot more than our fixed monthly fees, which will be made to fit your needs.
- Access to Expert Knowledge
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Our skilled professionals will be able to give you advice on a wide range of issues linked to UAE labour law, making sure that you are in line with any changes. Also, by outsourcing these non-core activities, the company will be able to run more efficiently.
- Enhanced Security and Confidentiality
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If you outsource the payroll function, there will be less chance that private information, employee names, or company funds will get out.
Frequently Asked Questions
How much do accounting services cost in Dubai, UAE ?
Payroll handling is a free service we offer to our clients who hire Black Swan Dubai to do their bookkeeping. But if all you want right now is payment services, feel free to contact us so we can talk about your needs and make our services fit them.
What is a WPS?
The Central Bank of the UAE established the Wages Protection System (WPS), an electronic salary transfer system. Additionally, this system enables institutions to pay workers’ wages through approved banks, bureaux de change, and other authorized financial institutions. Furthermore, it allows the Ministry of Labour to track wage payments in the private sector, ensuring timely and full payment of agreed-upon wages. Moreover, the WPS covers all institutions registered with the Ministry in all fields and industries. Ultimately, it assists various types of workers.”
What is a tip at the end of a service?
End-of-service Gratuity is a sum of money that every employee in the UAE is allowed to get from his or her employer when the job is over. The UAE work law tells us how to handle this.
How do people in Dubai and the UAE figure out when the end of business is?
This depends on a lot of different things. When figuring out the End of Service Gratuity, the total pay, basic wages, length of employment, type of employment contract, and whether the worker was fired or quit will all need to be taken into account. Please get in touch with us for more information.
Do you provide HR services ?
In addition to payroll services, our in-house Human Resources specialist can give full advice on UAE labour law, employment contracts, hiring employees, making staff handbooks, handling dismissals and layoffs, arranging visas, labour contracts, and more. If you want to know more about this service, please contact us.
I haven't set up a business in the UAE yet, but can I still hire employees?
Yes, you can legally hire someone in the UAE even if you aren’t a listed business. Employment visa outsourcing services, also called Employer of Record (EoR) services, can provide this service.
