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What Are Free Zones? Free zones, also known as free trade zones, are special areas where businesses operate under their own set of rules. These zones are separate from the UAE mainland and are governed by individual free zone authorities. Each free zone sets its own licensing terms, business activities, and office requirements. Most companies…

How to Sign up/Enroll For Savings Scheme For Employers: Enrollment in the Savings Scheme requires proactive steps by the employer, since it is a company-level initiative. The process involves: NAME PHONE EMAIL WEBSITE BROCHURE Lunate 026927213 [email protected] www.ghafbenefits.com National Bonds 600522279 [email protected] www.nationalbonds.ae Daman Investments 046109666 [email protected] www.daman.ae First Abu Dhabi Bank 024996333 [email protected] www.bankfab.com…

Introduction The United Arab Emirates (UAE) has introduced an Alternative End-of-Service Benefits System, commonly known as the “Savings Scheme,” as a modern alternative to the traditional end-of-service gratuity. This voluntary program, launched by the Ministry of Human Resources and Emiratisation (MOHRE), allows employers to invest employees’ end-of-service benefits in approved funds, yielding returns by the…