UAE: Emiratisation targets to be expanded for private companies in 2024 and 2025

In implementation of a UAE Cabinet resolution, the pool of private sector establishments subject to Emiratisation targets will be expanded to include companies and individual establishments with 20 to 49 employees in specific economic activities, the Ministry of Human Resources and Emiratisation (MoHRE) announced.

The decision aims to increase the number of Emiratis employed in targeted establishments across 14 key economic sectors, requiring them to hire at least one UAE citizen in 2024 and another in 2025.

A yearly financial contribution of AED96,000 will be imposed in January 2025 on establishments that do not comply with the decision in 2024, while non-compliant establishments in 2025 will face a AED108,000 fine in January 2026. The Ministry said non-compliant establishments will be allowed to pay the contributions in installments.

 

Source: https://www.zawya.com/en/economy/gcc/uae-emiratisation-targets-to-be-expanded-for-private-companies-in-2024-and-2025-drogu7pr

 

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