Fusion UAE Payroll - Social Insurance Contributions for Bahraini Nationals Updated Effective May 2022
(Doc ID 2870037.1)
Last updated on MAY 18, 2022
Applies to:
Oracle Fusion Global Payroll Cloud Service - Version 11.13.21.10.0 and laterInformation in this document applies to any platform.
Symptoms
The Bahrain Social Insurance Organization (SIO) has announced that effective as of 01-May-2022 the Social Insurance employers' contributions for Bahraini nationals in the private sector increases by 2%;
as such, the applicable rate for Bahraini nationals working in the UAE will be:
- Employer's Basic Social Insurance rate: 11%
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |