HR & Payroll Services Dubai

HR and payroll services

As companies recognize the strategic importance of human resources, selecting the right Payroll and HR management becomes crucial for empowering employees. At MAK, we simplify HR strategies by automating traditional practices, resulting in business benefits across all activities through our payroll outsourcing services in the UAE.

Our Payroll and HR management software allows you to focus on your workforce without the burden of system management or future changes. Experience a redefined worker journey with our global cloud payroll, which integrates attendance and time tracking into a single platform.

With our team of specialized experts, we keep you informed about legal entities and government regulations in the UAE and the Middle East. Confidentiality is assured through access rights and secure data policies. Our payroll outsourcing services in Dubai offer cost savings compared to maintaining an in-house payroll team. Additionally, you benefit from a secure server, payroll experts, HR outsourcing, and compliance with local regulations.

Our Payroll service offerings

At MAK, we provide a range of payroll solutions tailored to our clients’ needs. Whether you require comprehensive corporate payroll services or streamlined payroll processing, we have the right solution for your business. Here are the details:

• Payroll processing and management
• Checking integrity and validation of payroll data
• Employee leave management
• Multi-currency salary payments
• Employee benefits administration
• Employee travel expense management
• Managing and payment of employee reimbursements
• Co-ordination for work permits
• WPS payments and setup assistance
• Backlog accounting services

Often, companies, especially start-ups and SMEs (Smaller & Medium Enterprises), neglect proper bookkeeping and financial reporting for several years. However, UAE regulations under the Commercial Company Law mandate maintaining accurate books of account. Consequently, after a year or two, these SMEs recognize the importance of maintaining proper financial records and seek accounting firms to assist with bookkeeping.

At MAK, we support clients in preparing their books of account from the company’s incorporation date. To do so, we require the necessary supporting documents, including sales invoices, purchase invoices, payment vouchers, receipt vouchers, petty cash expenses, bank statements, cheque counterfoils, and bank transfer records. Our relationship accountants either visit the company’s office or collect the documents to update transactions in suitable accounting software. We finalize the books of account periodically, typically on an annual basis. The resulting reports cover various aspects of financial performance.

• balance sheet (statement of financial position),
• profit and loss account (statement of comprehensive income),
• cash flow statements,
• receivables ageing list,
• payables ageing list,
• comparative report on sales performance,
• comparative report on expenses,
• financial ratio analysis,
• working capital analysis,
• breakeven point analysis/margin of safety etc.