Frequently asked questions

Everything you need to know about the product and billing.
Gratuity Scheme
What is FinFlx Gratuity Scheme?
This is a Workplace Savings Plan that is implemented in line with UAE’s new labor law. The scheme helps employers transition from the Defined Benefits (cash payment at the end of employment) to a more sustainable Defined Contribution (monthly payments to a separate gratuity fund).
Gratuity Scheme
How is gratuity scheme related to the new labor law?
Under the new labor law effective on 2nd of February 2022, employers are required to pay the gratuity amount to the departing employee within 14 days of leaving or risk paying a fine up to AED 1 million. This puts a lot of pressure on company’s cash flow. FinFlx makes it easier for employers to forecast and cover this liability on monthly basis during the employee’s tenure of service. The new labor law also allows employers to utilize approved schemes (such as FinFlx) as an alternative to the existing gratuity model. FinFlx makes that transition smooth for both employers and employees.
Gratuity Scheme
Does the Gratuity Scheme cover existing liability or future one?
The short answer is BOTH. Our mission at FinFlx is to enable the growth of the SME sector, we do so by offering 2 consistent models to help every business transition into full compliance with labor laws. Businesses can choose to cover their future gratuity liability by making monthly contribution to the gratuity fund. Or, they can choose to cover both the existing (Already accrued gratuity) plus the future ones. This is facilitated by a smart simulation analysis offered to all our clients to help them offset their existing gratuity liability in a way that maintains a healthy cash flow to for the business.
Gratuity Scheme
Where are the gratuity funds held?
Employers who enroll in the Gratuity Scheme, will make monthly transfers to a segregated and audited Client Money Account. This account is separated from FinFlx’s own operation accounts and is fully compliant under “client money” rules. Contributions are then utilized in savings scheme in line with each client’s explicit will. FinFlx offers multiple savings schemes with multiple risk profiles including a capital protection scheme where the principal amount is guaranteed.
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© 2023 FinFlx. All rights reserved.

FinFlx Workplace Solutions Ltd, is duly registered in Dubai International Financial Center (DIFC) under the license number CL6141, to perform the commercial activities of “Software House, Technology Research and Development”, with its registered address at Unit 2, Level 7, Gate Village building 10, DIFC. FinFlx Workplace Solutions Ltd is not authorized to provide any regulated financial services or perform unauthorized financial activities.



FinFlx Investment Management Ltd, is incorporated under the Laws of the Abu Dhabi Global Market (“ADGM”) under license number (000006863), regulated by the Financial Services Regulatory Authority (“FSRA”) under reference number (210003) as a Category 3C license and authorized to perform the activity of Managing Assets with Retail Clients and Holding and Controlling Client’s Money, having its registered offices at Suite 515, 15th Floor, Al Sarab Tower, Abu Dhabi Global Market Square, Al Maryah Island, Abu Dhabi, UAE.  


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Both entities, FinFlx Workplace Solutions Ltd, and FinFlx Investment Management Ltd are members of FinFlx Holding Limited, a holding company duly incorporated under the Abu Dhabi Global Markets (ADGM) laws and holding license number 000005153.



The content of this page is for information purposes only and is not intended as a recommendation or financial advice. Any indication of past performance or emulated past performance on this site is not an indicator of future results.  All investments carry risk, clients might end up receiving less than the amount invested. The client carries the sole responsibility for assessing the risks associated with all investments carried out at FinFlx Investment Management Limited.