End of Service Gratuities in the DIFC Publications

Mandatory funding for End of Service Gratuities (“ESG”) in the Dubai International Financial Centre (“DIFC”) took effect from 1 February 2020, with a deadline of 30 April 2020 for employers to comply with their funding obligations. Other regions may soon follow. Deloitte can provide support to employers in understanding the Regulations and assisting employers to determine, and periodically review their approach, including, importantly, how to communicate the fundamental change from unfunded, defined benefit style ESG to funded, defined contribution, workplace savings to employees.

This page provides access to key documentation on the topic.

Legislation and consultation documents

Draft legislation was released on 17 October 2019, with a formal consultation period until 18 November 2019. Annex B contains key details for qualifying schemes.

Deloitte publications

End of Service Gratuities in the DIFC – Are you change ready?

End of Service Gratuities in the DIFC – employer decision wheel

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