Today: 9 January 2025
30 December 2022
2 mins read

Emiratisation fine of Dh72,000 to take effect from Jan 1

The fines are AED6,000 per month, a total of AED72,000 annually, for each Emirati who has not been employed as per the requisite percentage to be achieved by the end of 2022….reports Asian Lite News

Starting from 1 January 2023, private sector companies with 50 employees or more that have not raised Emiratisation targets by 2 percent of skilled jobs in 2022, will be fined, the Ministry of Human Resources and Emiratisation (MoHRE) said on Thursday.

The fines are AED6,000 per month, a total of AED72,000 annually, for each Emirati who has not been employed as per the requisite percentage to be achieved by the end of 2022.

The value of the monthly penalties increases progressively at a rate of AED1,000 annually until 2026, by which companies are required to achieve up to 10 percent growth rate in their Emiratisation targets.

In a statement, the Ministry said: “We aim to achieve an effective participation of the private sector in the development process of the UAE, as raising the participation of Emiratis in this sector will have a positive impact on the competitiveness, attractiveness, and stability of the business environment in the country.”

“We will continue to activate the partnership between the government and the private sectors on Emiratisation, based on our belief that Emiratis can make a positive impact within the vital economic sectors, as well as our aspiration to advance the growth of the private sector companies and improve their ability to keep pace with successive developments locally and globally,” it added.

The Ministry noted that the legislation governing Emiratisation will contribute to “strengthening the diversification of the labour market and will consolidate the UAE’s position as an incubator of national and international talents and an ideal destination to work, live and invest.”

The Ministry lauded the steps taken by companies that have met the required Emiratisation targets for 2022, adding: “Now, we look forward to witnessing a greater impact in 2023, as the Emiratisation targets will increase by 2 percent until 2026, resulting in a growth by 10 percent of Emirati skilled employees.”

The Ministry offers support and incentives for the companies that achieve qualitative achievements in training and employing Emiratis in accordance with the objectives of the Nafis programme, which include joining the Emiratisation Partners’ Club that leads to be classified as a category one companies in the Ministry’s establishment classification system, thus obtaining discounts of up to 80 percent on the Ministry’s service fees.

ALSO READ: UAE, Bahrain ministries to strengthen cooperation

Previous Story

2022: An Eventful Year For UAE

Next Story

Dubai Court grants extradition of Sanjay Shah to Denmark

Latest from -Top News

Saudi Tightens Entry Rules for Pakistanis

Pakistan, along with Afghanistan, remains one of the last two polio-endemic countries in the world…reports Asian Lite News A polio vaccination certificate has been made mandatory for Pakistani citizens travelling to Saudi

Iran, Saudi Pledge Stronger Ties

Rahimi on Sunday expressed satisfaction with the resumption of friendly relations between the two countries since 2023…reports Asian Lite News Iranian Justice Minister Amin-Hossein Rahimi held a meeting with Saudi Ambassador to

UN Chief Calls Out Israel on Syria

Guterres underscored that Israel and Syria must uphold the terms of the 1974 Disengagement of Forces Agreement, which remains fully in force…reports Asian Lite News UN Secretary-General Antonio Guterres has urged Israel
Go toTop

Don't Miss

Standard Chartered Unveils Strategy to Achieve Net Zero

UAE requires AED 2.5 trillion investment to transition to Net-Zero

‘UAE among region’s best countries controlling diabetes’

Al Olama emphasised that the National Strategy for Fighting Diabetes