Payroll Services
A proper documented payroll process has become imperative for all companies operating in the UAE after the implementation of Wage Protection System (WPS) as mandated by the Ministry of Labour in UAE. This development has led to a lot of companies, whether on-shore or off-shore, seeking expert support from outsourced payroll providers.
Outsourcing your payroll
When you’re operating across borders and employing an international workforce, you need careful planning and scrutiny so that you are both fully compliant with your global HR policies and procedures, and more importantly with local regulation requirements. Companies that are non-compliant will risk facing legal sanctions including fines, being banned from applying for new work permits and may suffer reputational damage.
With our highly qualified professionals at Navneet Accounting & Bookkeeping LLC manage your end to end payroll process. We offer a wide range of payroll services which includes but is not limited to:
- Prepare standard reports e.g. gross to net, variance, gratuity accruals and pay slips
- Arrange the secured way of salary transfer using multi-currency payments
- Provide systematic monitoring of employees’ loans, reimbursements and advanced payments
- Provide sophisticated pay slip distributions that will allow employees to access their current and previous pay slips anytime, anywhere using unique login details and a self- service portal
- Integrate complex interface data, providing a flexible system that is compatible with any HR software and applications
- Simplify the intricate process of social security from preparation up to filing reports with the local authorities
- Be fully compliant with labour regulations in all GCC countries including the Wage Protection System (WPS) in United Arab Emirates
- Calculate the provision for end of service benefit and vacation leave entitlement
- Create customised templates or ad-hoc reports for internal and external submission