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UAE Salaries to See 5-6% Rise Amid Double Digit Jobs Growth in 2015

5/4/2015

The salary increase in the UAE this year will be between 5-6 percent, slightly lower than in 2014.

The salary increase in the UAE this year will be between 5-6 percent, slightly lower than in 2014. The Salary Guide for the UAE on 6 April, also said that the number of new jobs coming to market during 2014 was 10-15 percent higher than predicted.

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Emiratisation Penalty upto AED 72,000/- Will Take Effect from 1 Jan 2023

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

FTA Sets Deadline 31 December 2022 to Apply for Re-determination of Administrative Penalties on Taxes

The UAE's Federal Tax Authority (FTA) urged eligible registered taxpayers to apply for the re-determination of administrative penalties on taxes prior to the 31 December 2023 deadline.

Facilities for Small Projects Subject to Corporate Tax

The Ministry of Finance revealed its intention to offer facilities for small projects subject to corporate and business tax, noting that details of these facilities will be announced during the first half of next year.

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Motei & Associates
Damac Executive Heights (TECOM)
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P.O. Box: 112888 | Dubai, UAE