04:05 Issue 1

GLOBAL PAYROLL MAGAZINE

35

1. General Pension and Social

Further, if a GCC national is working in another GCC country, the social security contributions need to be contributed based on their home country’s regulations. The range of contributions across Middle East countries varies from 0 to 26%. For instance, in UAE, the monthly contribution is 26%, the contribution for employee and employer are 11% and 15% respectively and may vary for some classes of employees working in the private sector and joining after October 31, 2023, or even for some of the free zones like DIFC. In Iraq, employers contribute 12% of an employee’s net salary as social security contributions while employees pay 5%. In Egypt, the employee rate is 11% and the employer’s is 18.75%. To comply with these complex regulations, it’s advisable to refer to country-specific regulations and guidelines available through official sources. Having experienced people on board to ensure that all compliances are managed accurately is a must. Here are some relevant links that can help you stay compliant:

Security Authority announces issuance of new Federal Decree Law on Pension (gpssa.gov.ae)

2. Laws | Laws & Regulations |

Ministry of Human Resources & Emiratisation MOHRE

3. GCC Insurance Protection

Extension Program (gpssa.gov.ae)

4. Social Insurance Organization (sio.gov.bh) 5. Labor Law | Ministry of Human Resources and Social Development (hrsd.gov.sa) 6. Home - Government Communications Office | Government of Qatar (gco.gov.qa) 7. manpower.gov.kw/LaborLaw.aspx 8. mjla.gov.om 9. mof.gov.iq 10. Turkish Taxation System | Revenue Administration (gib.gov.tr) 11. eta.gov.eg 12. Ministry of Finance (jordan.gov.jo) 13. ministryinfo.gov.lb/en

Author: Akrivia HCM

Akrivia HCM is a unified HRMS SaaS platform that packs in everything you need to manage your entire employee lifecycle. With 9 HR products and 40+ modules – from recruitment & learning to performance, payroll & offboarding, the Akrivia HCM suite is powered by AI to automate all your mundane tasks and give you a strategic edge. Ready integrations with 3rd party ERP and other tools make for a unified experience, while its seamless interface and employee-centric features aid employee experience, the scalability, configurability, detailed depth and breadth of the product are loved by HRs of 100+ enterprises across India, GCC and SEA.

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