UAE Highlights:
- An entity solution is available via 1WB’s 100% subsidiary company to deploy local and foreign employees in the United Arab Emirates, ensuring fully compliance with regulations.
- The whole deployment process for foreigners takes about 3 weeks whereas for locals within 1 week.
- Handling payroll processing, immigration and taxes compliantly, swiftly and cost efficient.
- There is currently no personal income tax in the United Arab Emirates
- There is currently no corporation tax regime in the United Arab Emirates, however corporation tax is currently only enforced in respect of corporate entities engaged in the production of oil and gas or extraction of other natural resources in the United Arab Emirates
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Social security contributions - There is a social security regime in the United Arab Emirates that applies to qualifying UAE and other Gulf Cooperation Council (GCC) national employees only. Non-GCC nationals are not subject to social security in the UAE.
For UAE national employees, social security contributions are calculated at a rate of 17.5% of the employee’s gross remuneration as stated in the local employment contract. Social security obligations also apply to employees of companies and branches registered in a free trade zone (FTZ). Out of the 17.5%, 5% is payable by the employee and the remaining 12.5% is payable by the employer. A higher rate of 20% is applied in the Emirate of Abu Dhabi (where the contribution of the employer is 15%). For other GCC nationals working in the UAE, social security contributions are determined in accordance with the social security regulations of their home country.
The employers of an expatriate or an expatriate employee are not required to make any social security contributions in the UAE.
- Work permit - 1WB can sponsor work permits for foreign employees and the processing time is about 1 month.