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WPS REGISTRON UAE

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). WPS is one of the advanced HR solutions which is an ultramodern electronic system through which companies from the private sector transfer the salaries of their employees through banks and other approved financial institutions.

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WPS REGISTRON UAE

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  1. PAYROLL MIDDLEEAST WPS REGISTRATION PROCESS INUAE PAYROLL OUTSOURCING SERVICES IN GCC

  2. 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).

  3. ABOUTUS PAYROLL MIDDLE EAST, BEING A OF FARAHAT & CO., IS A BRAND WELL- RENOWNED CERTIFIED FIRMESTABLISHED 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 NEEDUS.

  4. HOW DOES ACOMPANY REGISTER FOR WPS INUAE? ALL COMPANIES FROM THE PRIVATE SECTOR CAN EASILY REGISTRATIONFORTHEWAGESPROTECTIONSYSTEMIN APPLYFOR 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 THEIREMPLOYEES. THE DETAILS REQUIRED ARE: BANK ACCOUNTDETAILS LIST OF EMPLOYEES WITH THE BANK OR FINANCIAL INSTITUTION THECOMPANYDEALSWITHFORSALARYDISBURSEMENTS THEBANKORFINANCIALINSTITUTION ACCOUNT WITH THE DATE FOR SALARY DISBURSEMENT THEEMPLOYEEHOLDSAN

  5. WHAT IS THE PROCESS OF PAYMENT THROUGHWPS? 1 THE COMPANY NEEDS TO OPEN A BANK ACCOUNT WITH AN APPROVED BANK OR FINANCIAL INSTITUTION IN CASE THE BANK IS OUTSIDEUAE THE COMPANY WILL HAVE TO SIGN UP FOR A WPS AGREEMENT WITH THE BANK OR FINANCIALINSTITUTION 2 THE COMPANY CAN THEN ISSUE INSTRUCTIONS TO THE BANK OR FINANCIAL INSTITUTION REGARDING SALARYTRANSFERS 3 24 THEBANKTHENNOTIFIESTHEWPSINUAEWHICHFURTHERSENDSTHEDETAILSOF EMPLOYEES AND THEIR SALARIES THROUGH AN ELECTRONIC SYSTEM TO THE CENTRALBANK OFUAE 5 THE CENTRAL BANK OF UAE FORWARDS THE DETAILS TO THE MINISTRY OF HUMAN RESOURCES AND EMIRATIZATION ( MOHRE) FORVERIFICATION 6 ONCE THE VERIFICATION FROM MOHRE IS DONE, WPS ISSUES ANOTIFICATION OF AUTHORIZATION TO THE COMPANY’ S BANK OR FINANCIAL INSTITUTION TO GO AHEAD AND PAY THE SALARIES TO THEEMPLOYEES.

  6. CONTACT OUR THOROUGH SERVICES HAVE WON THE AMAZEMENT AND LOYALTY FROM THE CLIENTS OVER THE DECADES WHATSAPP ONLY: + 971 526922588 WHATSAPP & PHONE: + 971 554828368 LANDLINE: + 971 4 2500251 ( 9 AM - 7 PM GMT+ 4 - MONDAY TO FRIDAY) FOR CONSULTATION: CONSULTANT@ FARAHATCO.COM FOR SALES ENQUIRIES: INFO@ PAYROLLMIDDLEEAST.COM

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