Kuwait’s Public Authority for Manpower has urged employers holding contracts with Government bodies to check the numbers of national workers registered with their companies. The aim is to ensure their status is compatible with the Decision determining the number of nationals employed at companies which have contracts with Government bodies. The information technology department has finalised the procedures for applying this Decision.
This week the spotlight is on legal and regulatory developments in the UAE, where publicly-listed companies in the country will be urged to boost female representation following an agreement between the country’s Securities and Commodities Authority and the UAE Gender Balance Council. Under the agreement, the two organisations will work harder to narrow the gender gap in listed firms as well. It comes as the UAE is going to launch a comprehensive set of guidelines and actions aimed at helping UAE organisations adopt a gender-sensitive approach at their workplace in September 2017. The guidelines have been developed in line with the Organisation for Economic Co-operation and Development. The Council will hold various workshops for representatives from federal entities, to introduce the guide and how to implement it.
Elsewhere, private recruitment agencies in the UAE are going to be replaced with Government-backed recruitment centres later this year. It represents an industry overhaul and companies will have to meet strict criteria to work for the Tadbeer network of Labour Ministry-regulated centres. Centre staff will conduct interviews with domestic workers to ensure they understand their contractual rights, get the appropriate training and the right education. They will also resolve disputes and monitor housing and other accommodation for workers. The aim is to provide a contact point for domestic workers to protect low-income labour from exploitation.
The UAE’s Finance Ministry has published a VAT timetable on its website. The timetable details the dates and venues for all workshops and who should attend. The publication comes as the Finance Ministry launches the first phase of its awareness and education workshops to prepare businesses for the new tax system which will be introduced by the end of this year, for excise tax, and early next yearfor VAT. It also follows confirmation from the Ministry for businesses with taxable suppliers over 375,000 AED to register for VAT. However businesses whose revenues fall short of the threshold should keep updated accounting records. These could be used if and when they need to register for VAT purposes. Both taxes are going to be introduced at around the same time and in line with the UAE’s GCC neighbours. The first workshop targeted so-called 'multipliers' or Government entities like chambers of commerce and economic development departments. It was also aimed at consultancies and partners. The workshops will ensure businesses
fully understand the new system and have the knowledge to take the necessary measures to comply with the new tax laws and procedures.
