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What is WPS:
WPS [Wage Protection System] is a digital payment of salary transfer through
Banks / Exchange Bureaus / financial institutions approved by the UAE Central Bank.

Newly Mandatory for DMCC Companies: All DMCC Member firms must

• Register employees with active employment visas or Personal Identity Card (PIC) under each company
• Effect salary payments through the system from February 15, 2023. 

DMCC will be monitoring the companies registration as well as the implementation of WPS, however, the portal freeze/fines will be applicable from January 2024.

Rethink to the rescue!

• WPS Advisory – One-time guideline on the process of registering for WPS, salary disbursement [self-processing by client’s team]
• WPS Payroll services – Ongoing assistance [Outsourced to Rethink] in preparation of payroll file, SIF File creation, and distribution of payslips (through Cloud-based HRMS)