Family Foundations and Corporate Tax in the UAE: Simplified Application Process via EmaraTax

After completion of one year of service, every foreign employee in the United Arab Emirates is legally entitled to a gratuity upon termination of employment (“End-of-Service Gratuity”). With the introduction of the Voluntary Alternative End-of-Service Benefits Scheme (“Savings Scheme”), employers throughout the country can now choose a new option to pay the End-of-Service Gratuity.

Circular on Savings Scheme

After completion of one year of service, every foreign employee in the United Arab Emirates is legally entitled to a gratuity upon termination of employment (“End-of-Service Gratuity”). With the introduction of the Voluntary Alternative End-of-Service Benefits Scheme (“Savings Scheme”), employers throughout the country can now choose a new option to pay the End-of-Service Gratuity.