What Employers Are Eligible To?

April 01, 2020

Employers in various industries across the UAE are eligible for a range of benefits, incentives, and support programs offered by the government and relevant authorities. These initiatives aim to promote economic growth, encourage employment, and enhance the overall business environment. Here are some examples of what employers in the UAE may be eligible for:

1. Financial Incentives: Employers may benefit from financial incentives provided by government entities to support business growth and investment. These incentives may include tax exemptions, reduced tariffs, grants, and subsidies for specific industries or activities.
2. Employment Support Programs: The UAE government offers various programs to support employers in hiring and retaining skilled workers. These programs may include training subsidies, job placement services, and wage subsidy schemes to incentivize employment of UAE nationals or specific target groups.
3. Free Zone Benefits: Employers operating within free zones in the UAE are eligible for a range of benefits, including 100% foreign ownership, tax exemptions, simplified customs procedures, and streamlined regulatory processes. These incentives are designed to attract foreign investment and promote business activities within designated economic zones.
4. Healthcare and Social Benefits: Employers are required to provide healthcare coverage for their employees under UAE labor law. Additionally, employers may offer additional social benefits such as housing allowances, education assistance, and wellness programs to attract and retain talent.
5. Business Support Services: Employers can access a variety of business support services provided by government entities, industry associations, and private organizations. These services may include legal and regulatory advice, market intelligence, networking opportunities, and access to financing and investment resources.
6. Government Contracts and Procurement: Employers may participate in government contracts and procurement opportunities offered by federal and local government entities. These contracts can provide a steady source of revenue and business opportunities for eligible companies.
7. Export Promotion: Employers engaged in export activities may benefit from export promotion programs and initiatives aimed at facilitating international trade, market access, and export financing. These programs help companies expand their reach into global markets and increase their competitiveness.
8. Infrastructure Development: Employers in certain industries, such as construction and infrastructure development, may benefit from government investments in infrastructure projects, including transportation, utilities, and urban development initiatives. These projects create business opportunities and stimulate economic growth in related sectors.

Overall, employers in the UAE can access a wide range of benefits, incentives, and support programs to foster business growth, innovation, and competitiveness. By leveraging these resources effectively, employers can enhance their operations, expand their market presence, and contribute to the overall economic development of the UAE.