UAE: Fines Announced for Private Companies That Fail to Meet Emiratisation Target

UAE News developments

UAE: Fines Announced for Private Companies That Fail to Meet Emiratisation Target

Khaleej Times, 7 February 2023: Firms which do not achieve the one per cent Emiratisation target by 1 July 2023 will be fined 7,000 AED for each UAE national who has not been hired.

Firms are now required to increase the number of Emirati employees in skilled roles by one per cent every six months.

Based on the amended scheme, penalties for private companies that fail to meet Emiratisation targets will now be imposed semi-annually.

Non-compliant companies will be charged starting from 1 July 2023. Penalties for non-compliance in 2022 will also continue to be collected.

The overall two percent target must be reached by the end of the year.

The amendments do not include any additional requirements or penalties.

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Benjamin Filaferro