Frequently asked questions

Everything you need to know about the product and billing.
Contributions
What are gratuity contributions?
Contributions are monthly payment made by the employer to cover its gratuity liability to its employees as per the applicable local labor law. This amount is calculated on monthly basis and it depends on both the basic salary of the employee and the length of service. FinFlx helps employers fund and manage that liability in order to maintain a healthy balance sheet and improve corporate governance. Moreover, it promotes a culture of trust between employers and employees.
Contributions
How do I know how much contribution to pay on monthly basis?
You can build a financial model (big complex spreadsheet) and maintain its accuracy by adjusting it every time an employee joins or leaves. OR you can let us do all the admin work for you. Once you add your employee details on FinFlx platform, all the numbers are calculated and shown to your team clearly and accurately. That in itself is invaluable saving of time and money, keeping your team focused on critical business operations and avoiding hefty fines for miscalculated or unpaid gratuity dues.
Contributions
How does FinFlx calculate monthly contributions?
Our algorithms run thousands of calculations in the background to ensure that the numbers presented to our clients are accurate and in line with applicable labor laws. The calculation is based on every business’s jurisdiction, applicable labor law and employment details of its staff. Better yet, any changes or updates to the regulations are implemented by default in our systems. We gather all relevant information from government and legal resources so you don’t have to.
Contributions
Does this contribution go directly to employees?
No, any amounts in the gratuity fund is held directly under the name of the company (employer). As and when an employee (or group of employees) leave the company and are entitled to gratuity payment, the employer can then withdraw the equivalent amount to the payment due and payout directly to the employees. FinFlx helps employers manage both the contribution and withdrawal of funds with full flexibility and at no extra cost.
Contributions
What currencies does FinFlx accept?
FinFlx accepts contribution deposits in UAE dirhams. Client deposits are accepted strictly from a local corporate bank account under the same name/control of the legal entity (company). FinFlx has partnered with Emirates NBD bank for the safe custody of client deposits.
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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.