The UAE Ministry of Human Resources (MOHRE) has said that small and medium-sized private companies will face fines if they fail to meet their staff localization targets for this year and next.
The ministry said on social media that private companies employing between 20 and 49 staff in key sectors must hire at least one UAE employee in 2024 and another in 2025.
Failure to do so will result in a fine of Dh96,000 this year and Dh108,000 next year.
If your company is involved in one of the 14 specific economic activities that are required to meet the employee localization targets set by the UAE Cabinet, these economic activities include:
Information and Communications
Finance and Insurance
Real Estate
Professional and technical services
Administrative services
Education
Healthcare and Social Work
Arts and Entertainment
Mining and Quarrying
Transformative Industries
Construction
Wholesale & Retail
Transportation & Warehousing
Accommodation Services
Comentários