Month: January 2018
Payroll Services in Dubai, UAE
HLB UAE Payroll Team

Phone:- +971 4 327 7775
Mobile:- +971 50 205 9540
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com
Payroll Services in Dubai,UAE
Outsourcing payroll processing offers phenomenal advantages to the corporate sector, irrespective of their sizes, MNC’s or SME’s. Some of the advantages are:
- Reduced cost
- Eliminate fraudulent activities
- Attention focused on core business issues
- Avoid payroll information walking out of the door
- Experts at your service
- Compliance management
- Avoid technology headaches
- Sharing updates
- Confidentiality
Our Payroll service offerings
HLB Hamt offers you different payroll solutions to its clients, whether you need full-featured corporate payroll services, or limited payroll processing services, our payroll solution that’s just right for your business, as mentioned as below
- Payroll processing and management
- Checking integrity and validation of payroll data
- Employee leave management
- Multi-currency salary payments
- Employee benefits administration
- Employee travel expense management
- Managing and payment of employee reimbursements
- Co-ordination for work permits
- WPS payments and setup assistance
Our payroll services in Dubai are guaranteed with accurate results, in conformity with what your payroll requirements are. Our solution can adapt to various scenarios, irrespective of whether:
- Your organization has 2 or 20,000 employees,
- Your payroll is easy or complex,
- You operate in one or multiple locations.
Our Payroll activities
- Salary processing.
- Preparation of salary transfer letters.
- WPS complaint process and availability of ‘txt’ files.
- Calculation of overtime, bonus & performance Incentives, etc.
- Customized pay slips.
- Availability of reports in upload format for different banks.
- Distribution of pay slips through email or any other mode preferred.
- Calculation of accrued leaves and gratuity position on a monthly basis.
- Department wise, cost center/profit center wise break up of Salary.
- ESS – Employee Self Service portal(web portal).
Additional benefits with Payroll Services
- Online access of salary slips and leave status.
- Automatic Email alerts on expiring documents (employee
passport, visas etc.). - Encrypted data management system.
- Dedicated contact point.
- Increased control.
- Documents storage system.
- Interface with existing ERP solutions.
- Different types of reports including monthly reconciliation reports
- Monthly JV’s for accounting entry.
- Complete assurance on information security ( we are an ISO 27001:2005 certified firm)
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9 significant highlights of 2017 – Financial Roundup
Manu George Michael

Phone:- +971 4 327 7775
Mobile:- +971 55 160 1291
WhatsApp:- +971 56 219 1607
Email:- dubai@hlbhamt.com
The year 2017 was a busy year, in terms of world politics. Big changes in the business world were also observed. These may play a significant role for large and small companies. Several important decisions which will impact businesses of all types were also made in 2017. Let’s learn about a few events that can influence the year, 2018:
- World equities acquired strong gains in the first quarter of 2017 as the global economy grew. Emerging market equities were largely strong. Besides bond markets experienced a diverse routine.
- The remarkable growth of Bitcoin was one major development of 2017. This year the bitcoin has steadily increased in strength and is ready for more growth in 2018. In the beginning of 2017, it had a value lesser than USD $ 1,000 per coin. Probably it shall end during the year with a value of USD $ 20,000 per coin.
- The global launch of General Data Protection Regulation (GDPR) was another significant event. This directive was implemented in April 2016 for bringing changes in the EU zone. From 2016 till now companies had time to adjust to the changes. From 25th May 2018 the GDPR will be compulsory and effective in EU.
- China announced that it will be spending $ 360 Billion for renewable energy before the year 2020. China also closed 103 coal plants and has planned to cut 30 % of coal production. The country also committed almost a trillion dollars to spend for infrastructure.
- Seventy-five percentage or three-quarters of countries in the world experienced economic growth. More importantly, countries that experienced unemployment in Eurozone had a growth spurt in employment. Russia, Brazil, and Argentina could come out from a recession. Nations that had struggles either had a low-income economy or were fuel exporters. These countries faced natural calamities or civil conflicts in 2017.
- Dubai is moving closer to its goal for 2020, which is to acquire 20 million tourists. Data revealed that tourist influx increased by 7.5 %. Dubai Tourism Department described that luxury five-star hotels make up 33 % of the sum of Emirate’s reserves, with four-star hotels acquiring a 23 %.
- The year also saw improvement in the quality of audit through technology. This pattern is clear evidence that it’s going to be a digital future for audit, advisory and consulting. Such steps are required for developing automation, analytics, as well as to distribute value-added support and growth for future companies.
- Equity valuations are continuing to reach higher values. This is happening as central banks kept the settings for accommodative monetary policy constant during weak inflation. The situation owes to a bigger trend throughout global financial markets. Instability was suppressed while asset prices developed. It occurred due to enhanced economic outlook and risk appetite as well as lower interest rates.
- Fuel and metal costs had the support of rising worldwide demand. Alongside supply limits in the energy sector, hurricane connected hindrances in the United States also influenced this sector. Security issues in Iraq and financial disturbances in Venezuela were the other factors that affected these industries.
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