The penalties for private companies that fail to meet Emiratisation targets under the amended scheme will now be imposed ‘semi-annually’. Firms that don’t achieve the 1 per cent Emiratisation target growth by 1 July 2023 will be fined Dh7,000 for each UAE national who has not been hired. Violating companies will be charged from 1 July 2023. Private firms are now required to increase the number of Emiratis in skilled jobs by 1 per cent every six months, while remaining on track to achieve the overall 2 percent target by the end of the year. The penalties for non-compliance from 2022 will continue to be collected.
The UAE’s Ministry of Human Resources and Emiratisation (MoHRE) had issued fines amounting to Dh400 million against private companies that failed to meet Emiratisation targets of 2022.
About 9,293 companies had achieved their targets for the year. More than 50,000 Emiratis are now working in the private sector, with 28,700 having joined since the launch of the ‘Nafis’ programme. The number of Emiratis in the private sector increased by 70 per cent in 2022. Find out more about navigating the UAE market.
How CBD Can Assist
CBD offers a comprehensive suite of corporate services to assist investors with their business needs in the GCC. We can also support you with company formation in the UAE, Dubai visa applications and UAE payroll. For more information on Emiratisation compliance, contact: firstname.lastname@example.org or call/whatsapp +971 56 218 4695