The Wages Protection System (WPS) is a mandatory electronic salary transfer system that ensures timely and full payment of employee wages in the UAE. Compliance with WPS is essential for all mainland companies to avoid penalties and maintain a good standing with the Ministry of Human Resources and Emiratisation (MOHRE). At Hidaya Consultants, we provide expert assistance to set up, manage, and process your payroll through the WPS, ensuring your business is fully compliant.
We understand that managing payroll can be a complex and resource-intensive task. Our dedicated service streamlines the entire process, from registering your company with an authorized agent to generating the required SIF (Salary Information File) and processing monthly payments. We ensure that every transaction is accurately recorded and reported, safeguarding your business against non-compliance risks and fostering trust with your employees.
We offer a complete, hassle-free solution to manage your company's payroll in accordance with WPS regulations:
Yes, WPS is mandatory for all private sector companies registered on the mainland under the purview of MOHRE. Non-compliance can lead to fines and suspension of the company's license.
The system requires companies to pay their employees through authorized banks, exchange houses, or financial institutions. A Salary Information File (SIF) is created and sent to the agent, who then disburses the salaries and reports the transaction to the UAE Central Bank and MOHRE.
Our service ensures guaranteed compliance, saves you significant administrative time, reduces payroll errors, and provides a clear audit trail of salary payments, protecting both the employer and the employee.
