The Dubai International Financial Centre (DIFC) has restructured the end-of-service benefit and implemented the progressive contribution plan called DEWS on February 1, 2020.
DEWS provides the employees to have a professionally-managed contribution with the opportunity to earn investment returns. It aligns with international standards and also allows the employees shape their financial future in a cost-effective manner.

Responsibilities of Employer
ENROLL
Set up an account as an employer.
SUBMIT
Upload the list of eligible employees along with their contributions.
TRANSFER
Make the contribution payment through the provided bank account.
MAINTAIN & UPDATE
Monitor any changes in employee information.
Contributions
- – Mandatory – The statutory employer’s minimum monthly contributions are based on the employee’s length of service and percentage of monthly basic salary:
- – Employees with a period of up to 5 years of service – 5.83% of basic salary
- – Employees with a period of more than 5 years of service – 8.33% of basic salary
- – Optional – Employers can transfer an employee’s End-of-Service entitlement into the DEWS Plan which will be treated as a one-off contribution. This can be done with or without employee’s consent
- – Voluntary – In addition to the employer’s contribution, employees have the option to contribute through salary deductions without minimum amount.
- DIFC companies have a legal requirement to register into a qualified plan like DEWS.
- If found no contribution for all eligible employees under DEWS, DIFC will issue a Preliminary Notice with a grace period of 30 days.
- Any delays in payments will incur penalties.
How BAM Advisors can help you:
- BAM can help you understand DEWS and its compliance requirements.
- BAM can assist you on the entire DEWS process from enrollment, preparation, submission, and payment of contributions.
- BAM ensures accurate and timely submission of monthly contribution.
- BAM can support comprehensive end-to-end payroll.