Tuesday, 14 April 2015

Fines increased for Not Renewing Labour Cards


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electronic labour card in uae
The Ministry of Labour has informed business owners with accumulated fines resulting from non-renewal of labour cards or those unextracted by 31st Dec 2014, to take advantage of the grace period to settle all fines by paying a Dhs.1,000 per labour card violaton. The move is a part of implementation of the new electronic labour card in UAE.

The Ministry notes that as of 05th March 2015, they will implement new administrative penalties, starting by a Dhs.500 fine issued for not signing an electronic work agreement with employees within 60 days from their arrival to the country or the amendment of their residency status. 

Moreover, Dhs.500 fine will be imposed on firms that do not apply or renew electronic labour cards within 60 days from signing those contracts. Additionally, the above mentioned fines increase by Dhs.500 per month.

This is a part of the Ministry of Labour's earlier decision to replace the old plastic labour cards and employment paper contracts with electronic ones starting from July 13 2014. The implementation decision was then issued by HE Saqr Ghobash, Minister of Labour.

Plastic Labour cards due for renewal after July 13 will need to apply for the new system and replaced with electronic permits which are valid for two years. Electronic labour card in UAE is a part of the governments initiative to serve public through electronic systems which will reduce the time for processing documents.

Monday, 6 April 2015

Liable to repay loan even if job in UAE is LOST


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With regards to Loan repayment in UAE, it must be noted that the personal loans against an individual should be repaid on installment dates or settled irrespective of whether such individual has a job in UAE or not employed. This is applicable even if his job in UAE is lost.

UAE Loan Repayment Calculator
A person writes a Security Cheque for Personal Loan
What will you do if you have a bank loan, and lost the current job and not able to get another job in the validity period of the current employment visa.

Firstly you should inform your banker about the job insecurity and inform them that you will be unable to pay the loan installments.

In the above circumstances some legal procedures will be taken by the bank to secure the repayment of loan.

However, it should be noted that, prior to disbursement of loans, banks enter into detailed loan agreements with the borrowers. The terms and conditions will be written in this agreement for repayment of loan in the event the borrower loses his employment or any other source of income.

Usually under these circumstances, banks will try to invoke all the conditions for securing repayment of the loan set forth in the loan agreement in the event of a payment default which may include presenting of the security cheque issued by the borrower in favour of the bank against the loan along with any other securities provided by the borrower.

Further, you may talk with your bank and they may consider negotiating and settling for rescheduling of the loan repayment installments till you have another source of income. You may use a UAE Loan Repayment Calculator to find an installment schedule suitable to your budget.

This will happen based on the mutual understanding between the bank and the borrower, and also the policies of the bank on repayment of loans.

Smart System: Online UAE visa fees payment Now possible


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Asa part of the governments' initiative to develop smart apps for transactions, the Ministry of Interior has now introduced a new electronic service via the smartphones application (UAE MoI).

Ministry of Interior - MOI Smart Apps
Ministry of Interior - MOI Smart Apps
Customers can now make online payment of financial documents and health insurance fees which is required to obtain long term; short term; and domestic workers' visit visas and does not need to visit the related centers and concerned authorities.

Major General Ahmed Nasser Al Raisi, Chairman of the Ministry of Interior’s E-transformation Higher Committee said: “This new service is in pursuance of the Federal Government’s strategy and aims at streamlining customers’ procedures”.

Major General Al Raisi also indicated that the Ministry of Interior is working on re-programming services so as to be obtained by the customers hassle-free through the available information technology means.

Customers can now pay financial document and health insurance fees needed to obtain long term; short term; and domestic workers' visit visas without the need to visit the related centers and concerned authorities.

“These services facilitate customers’ procedures and save their time and effort without the need to visit service centers, health insurance offices, and banks. They can now directly obtain the required service via the Ministry of Interior’s applications,” he said.

Moreover, he also noted that this added service contributes to reducing the time required to complete the procedures with less paperwork; in order to protect the environment, increase production efficiency, and reduce time and effort for customers to obtain different services.

Major General AL Raisi stressed the Ministry of Interior’s interest to provide all official documents, visas and certificates electronically. He urged upon the public to avail of the services via the smartphones application (UAE MoI) via its website: www.moi.gov.ae.

In conclusion, the MOI official noted that individuals who need further information can feel free to contact the toll-free number of the MoI Services Center: 8005000 or the email: mobile@moi.gov.ae

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