emirates7 - The General Pension and Social Security Authority (GPSSA) has introduced a new initiative to support the UAE’s economic development by easing the financial obligations of small private sector employers. Specifically, the initiative exempts these businesses—who fall under federal pension regulations—from paying penalties linked to late registration of insured Emiratis or delays in processing end-of-service benefits within the required legal timeframe.
This measure is part of GPSSA’s broader strategy to empower small businesses, which are crucial for job creation and economic diversification. By lifting some of the financial pressure they face, the initiative aims to improve their financial health, enabling them to reinvest in their operations and increase their contribution to the national economy and GDP.
A key objective of the initiative is to support Emiratisation within the private sector. By making it easier for small companies to manage costs, they become more capable of hiring and retaining UAE nationals, strengthening their role in the country’s workforce.
The initiative specifically targets around 1,906 small private sector employers, defined as those employing four or fewer Emirati citizens. The exemption applies to extra charges accumulated between January 1, 2024, and April 30, 2025. Any amounts outside this timeframe may still be waived based on individual assessments, showcasing GPSSA’s commitment to addressing both public and individual interests.
GPSSA Director-General Faras Abdul Karim Al Ramahi emphasized the initiative’s role in strengthening small businesses, which he described as central to the nation’s sustainable and inclusive growth. He noted that such businesses foster innovation and meaningful job opportunities for Emiratis. The initiative also aligns with the UAE’s leadership vision to reduce bureaucratic hurdles, improve business operations, and attract investment.
Eligible businesses will be contacted automatically and do not need to take any action, as the measure is part of the ‘Zero Government Bureaucracy’ program. Businesses that are not contacted will not be covered under the waiver.
GPSSA also reiterated the importance of compliance with pension and social security regulations and pledged to continue supporting employers with clear guidance and resources to help them fulfill their obligations and protect the rights of all parties involved.
This measure is part of GPSSA’s broader strategy to empower small businesses, which are crucial for job creation and economic diversification. By lifting some of the financial pressure they face, the initiative aims to improve their financial health, enabling them to reinvest in their operations and increase their contribution to the national economy and GDP.
A key objective of the initiative is to support Emiratisation within the private sector. By making it easier for small companies to manage costs, they become more capable of hiring and retaining UAE nationals, strengthening their role in the country’s workforce.
The initiative specifically targets around 1,906 small private sector employers, defined as those employing four or fewer Emirati citizens. The exemption applies to extra charges accumulated between January 1, 2024, and April 30, 2025. Any amounts outside this timeframe may still be waived based on individual assessments, showcasing GPSSA’s commitment to addressing both public and individual interests.
GPSSA Director-General Faras Abdul Karim Al Ramahi emphasized the initiative’s role in strengthening small businesses, which he described as central to the nation’s sustainable and inclusive growth. He noted that such businesses foster innovation and meaningful job opportunities for Emiratis. The initiative also aligns with the UAE’s leadership vision to reduce bureaucratic hurdles, improve business operations, and attract investment.
Eligible businesses will be contacted automatically and do not need to take any action, as the measure is part of the ‘Zero Government Bureaucracy’ program. Businesses that are not contacted will not be covered under the waiver.
GPSSA also reiterated the importance of compliance with pension and social security regulations and pledged to continue supporting employers with clear guidance and resources to help them fulfill their obligations and protect the rights of all parties involved.