Understanding and defining the scope of payroll services are critical when acquiring expert help. Our payroll team which is composed of experts can make sure you are given a clear scope of the services you are acquiring, outlining our responsibilities with respect to your company payroll. Since the payroll services we provide in UAE are tailored to the specific needs of businesses, they can include regulatory updates, end-of-service calculations, WPS setup and salary transfers, statutory payments and filings, distribution of payslips, audit assistance, reports generation, financial accruals, retroactive calculations, and leave management.
Our payroll specialists work conscientiously, which is why clients are only provided with the services that they actually need. Our service level agreements include specifications on performance goals to help businesses with their payroll and HR functions. This includes payment and processing timelines, turnaround time for questions and queries of company management and employees, recording of general ledger transactions, recording overtime, requesting leaves, and maintaining personal information of employees.
A company’s employees are a variety of its most beneficial assets. Recruiting, training, employment processing, and retaining talented professionals take plenty of work; not to mention a knowledgeable Human Resources (HR) department.
At Payroll region, we provide unrivaled HR management solutions in Dubai and also the rest of the UAE. With over decades of experience in offering payroll services, PRO, and HR services within the region, the firm has the expertise in addressing the necessities of clients and delivering outstanding solutions to a ramification of UAE organizations.
Having collaborated with a variety of the foremost important retailers, innovative companies, and multinational corporations in UAE, we’ve reinforced a reputation as among the trusted service providers in UAE when it involves payroll, PRO, and HR outsourcing. We dedicate resources to verify all tasks are managed by experts whilst satisfying legislative requirements.
Payroll companies transfer money out of businesses designated bank account and transfer funds to the appropriate parties. Employers are required to pay employee wages and withhold the proper amount of taxes form each employee check to pay local, state, and federal government. Also, companies must pay employment taxes at the state (sometimes local taxes) and national level in addition to filing quarterly tax reports. If you choose to outsource Payroll to a third party, they handle all those tax obligations on your behalf.
Bi-weekly payroll processing is the most common way that businesses pay employees. Direct deposit every other Friday is widespread and has 26 paycheck dates in the year. The payroll processing cost tends to be lower than the weekly Payroll since not as many fund transfers take place.
Semi-monthly Payroll works excellent for companies that pay commissions regularly and those that tend to have a lag in funds from a vendor or bureaucratic organization. We see a good number of 1st and 15th check dates as well as some different check dates like the 4th and 18th. This processing frequency occurs 24 times a year. Two times out of the year, employees will receive more wages than usual since there will be more working days in some months.
PRO Services cover all transactions related to: Employee visas – new visa, renewal, cancellation, family visa, golden visa, etc Company license – new license, renewal, cancellation/liquidation, movement of license from one zone to another, license amendment, etc Regulatory transactions – attestation of documents, legal translation, RTA related, Municipality, Chamber of Commerce, Ejari, etc As we work with all the government authorities extensively, any company or employee related work can be outsourced through PRO Services