Dubai’s new health insurance law mandates that employers provide health insurance to both Foreign and United Arab Emirates (UAE) national employees working in Dubai, says Nair & Co.'s International HR and Payroll Services Team.
Sunnyvale, CA 94085, U.S, January 10, 2014 - (PressReleasePoint) - Dubai’s new health insurance law mandates that employers provide health insurance to both Foreign and United Arab Emirates (UAE) national employees working in Dubai, says Nair & Co.'s International HR and Payroll Services Team.
The objective of the law is to provide health coverage for every citizen, foreign resident and visitor. The proposed Universal health care coverage is planned to expand in phases, starting this year through mid-2016.
Employers planning to hire expats to work in Dubai are required to pay for employees’ health insurance, proof of such coverage is mandatory for obtaining residence visas.
Employers in Dubai are now responsible for:
Providing valid health insurance to foreign workers.
Providing proof of medical insurance as a requirement for obtaining a visa.
Offering all employees the obligatory health insurance from DHA registered insurance companies with health insurance permits.
Any expenses related to health insurance; the cost may not be deducted from employee salaries.
Companies operating in Dubai with the intention of hiring foreign workers are advised to familiarize themselves with the new health insurance mandates and implement an internal policy for such coverage. Failure by employers to provide worker health insurance may result in fines of Dh500-150,000 (~United State $150- 40,850). Repeated violations may result in fines up to Dh500,000 (~United State $136,250).
Subscribe to regular global tax compliance alerts from Nair & Co.
Get the latest news releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts.
About Nair & Co.
Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of international operations. Model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost. We support nearly 250 clients in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the United State. Learn more at www.nair-co.com
Media Contacts: For media enquiries or to learn to more about Nair & Co., please email at email@example.com or call Yvonne Smith at +1.408.501.8867
Press Contact: Yvonne Smith 1250 Oakmead Parkway, Suite 210
Sunnyvale, CA 94085, U.S 408 501 8867 ******.*****@*a**u**.com Email partially hidden to block spam. Please use the contact form here.