WPS REGISTRATION PROCESS IN UAE PAYROLL MIDDLE EAST PAYROLL OUTSOURCING SERVICES IN GCC
INTRODUCTION INTRODUCTION INTRODUCTION WPS OR WAGE PROTECTION SYSTEM IN UAE WAS LAUNCHED IN 2019 WITH A JOINT EFFORT BY THE CENTRAL BANK OF THE UAE AND THE MINISTRY OF HUMAN RESOURCES AND EMIRATIZATION (MOHRE).
ABOUTUS PAYROLL MIDDLE EAST, BEING A BRAND OF FARAHAT & CO., IS A WELLRENOWNED CERTIFIED FIRM ESTABLISHED IN 1985. WE PROVIDE EXCEPTIONAL PROFESSIONAL PAYROLL, HR, AND PRO SERVICES IN DUBAI. ALTHOUGH WE ARE BASED IN THIS EMIRATE, WE CAN EXTEND OUR HAND TO YOU WHEREVER YOU ARE IN THE COUNTRY AND WHENEVER YOU NEED US.
THE
BANK ACCOUNT DETAILS
THE
EMPLOYEES
ACCOUNT
THE DATE
SALARY DISBURSEMENT ALL COMPANIES
THE
HOWDOESACOMPANY REGISTERFORWPSINUAE?
REGISTRATION
LIST OF WITH THE BANK OR FINANCIAL INSTITUTION COMPANY DEALS WITH FOR SALARY DISBURSEMENTS BANK OR FINANCIAL INSTITUTION EMPLOYEE HOLDS AN WITH FOR FROM THE PRIVATE SECTOR CAN EASILY APPLY FOR FOR THE WAGES PROTECTION SYSTEM IN UAE. THE PROCEDURE TO REGISTER YOUR COMPANY IS SMOOTH AND CAN BE DONE ONLINE THROUGH THE WEBSITE OF THE MINISTRY OF HUMAN RESOURCES AND EMIRATIZATION USING THE REQUIRED DETAILS OF THE COMPANY. ONCE THE ACCOUNT IS CREATED, EMPLOYERS CAN SUBMIT THE FILES CONTAINING SALARY DETAILS OF THEIR EMPLOYEES. THE DETAILS REQUIRED ARE:
WHAT IS THE PROCESS OF PAYMENT THROUGH WPS?
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’S BANK OR FINANCIAL INSTITUTION TO GO AHEAD AND PAY THE SALARIES TO THE EMPLOYEES.
CONTACT OUR THOROUGH SERVICES HAVE WON THE AMAZEMENT AND LOYALTY FROM THE CLIENTS OVER THE DECADES WHATSAPP ONLY: +971 52 6922588 WHATSAPP & PHONE: +971 55 4828368 LANDLINE: +971 4 2500251 (9AM - 7PM GMT+4 - MONDAY TO FRIDAY) FOR CONSULTATION: CONSULTANT@FARAHATCO.COM FOR SALES ENQUIRIES: INFO@PAYROLLMIDDLEEAST.COM
