New UAE labour laws will help local companies grow
The introduction of a new low-cost insurance scheme for private sector workers in the UAE will allow existing companies to grow further.
That’s according to industry experts, who say the system will also ease the financial burden on businesses.
From October 15, firms in the UAE will now have to pay just AED 60 annually per employee instead of the mandatory AED 3,000 deposit while recruiting workers.
Jigar Sagar, Managing Director at Creative Zone, explains how the changes will allow companies to expand.