ICV Certificate Dubai– Strengthen Your Business Credibility

  • Hassle-Free ICV Certification: Complete assistance with calculation, documentation, and submission.
  • Save Time & Ensure Accuracy: Professional support to meet all ICV compliance requirements.
  • Gain Competitive Advantage: Enhance your company’s value in corporate and commercial partnerships.

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    ICV Certificate

    ICV Certification Services Dubai

    Arabian Wingz is a leading service provider of In-Country Value or ICV Certificate in UAE, assisting businesses across the Emirates, including Dubai, Abu Dhabi and Sharjah, to navigate the requirements for participating in government tenders and contracts by measuring and optimizing their local value-added through expenditures on local goods, services, employment, and investment.

    What is an ICV Certification Dubai, UAE?

    The In-Country Value (ICV) Certification is a national program launched by the Ministry of Industry and Advanced Technology (MoIAT) to enhance the UAE’s economic resilience. First introduced by ADNOC in 2018, the program encourages businesses to support national growth by increasing their economic contribution within the country.

    The certification assesses a company’s contribution to the local economy by looking at key performance areas such as –

    • Sourcing products and services from UAE-based suppliers
    • Investing in physical assets within the country
    • Training and Recruiting and Emirati talents
    • Generating revenue through exports

    ICV Certificate helps promote economic diversification, increases private-sector opportunities for UAE nationals and supports long-term industrial and commercial development. It positions certified companies as committed contributors to the UAE’s sustainable development goals.

    ICV Certificate

    Eligibility Criteria to Get an ICV Certificate Dubai, UAE

    Business owners operating in the Emirates can secure ICV certification if they fulfil some eligibility criteria. A trusted provider of ICV Certification Services Dubai and the UAE can help you meet specific requirements to get this certification.

    • Valid Business Registration: To get ICV certificate in Dubai, UAE, companies must hold a current and valid trade license, registered with the relevant UAE government authority.
    • Physical Presence and Operation: The business must maintain a physical operational presence within the UAE, actively providing its products or services.
    • Industry-Specific ICV Compliance: Organizations must fulfill the unique requirements set by the ICV certificate agency tailored to their specific industry sector, which may include local content targets and Emiratization goals.
    • Independent Audit Verification: A mandatory Independent audit, conducted by an approved certifying body, is required to assess performance and calculate the official ICV score.
    • Adherence to Industry Standards: Organizations have to complete the particular ICV certificate in UAE demands for their sector.
    • Contribution to Local Economy: Obtaining certification guarantees that companies are accountable for the evolution and enhancement of the regional economy.

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    Understanding ICV Scores and Tiers

    ICV Scores show how much value a company adds to the UAE’s economy through its goods and services. ADNOC uses a special method to calculate these scores by looking at things like local manufacturing, services offered, exports, and investments made within the country.

    Based on these scores, the National ICV Program categorizes companies into different tiers to reflect their level of local contribution and competitiveness:

    • Tier 1 – High ICV Score: These companies have a strong presence in the UAE. They hire locally, manufacture goods, and buy from local suppliers. Their chances of getting government contracts are higher.
    • Tier 2 – Medium ICV Score: These businesses do some local activities but can do more to increase their contribution to the UAE economy.
    • Tier 3 – Low ICV Score: Companies with little local involvement. They may find it harder to get government contracts unless they improve their local impact.​
    ICV Certificate Dubai
    How To Improve Your ICV Score?​

    How To Improve Your ICV Score?

    ICV score of your business can be improved through several ways. Let’s have a closer look at these essential methods:

    • Local Sourcing It would be great if you could hire local suppliers for your goods and services. This involves the sourcing of raw materials, subcontracting, and any other goods and services that your business activities might need. Such an effort showcases your devotion to contributing to the economy.
    • Potential Investment in the UAE: One of the key ways to boost your ICV score is to invest in the local economy by building local manufacturing and service abilities. This can be done through key approaches such as joint ventures, collaborations, or other investment programs that involve supporting the economy.
    • Hiring Local Employees: When you hire UAE nationals for your workforce, such as Emirati graduates, it enhances your ICV score. This means that you are supporting the local talent through adequate training and mentoring initiatives.
    • Hiring Local Employees: When you hire UAE nationals for your workforce, such as Emirati graduates, it enhances your ICV score. This means that you are supporting the local talent through adequate training and mentoring initiatives.
    • Technology Transfer:This is an approach in which you share your knowledge and expertise with the local businesses, universities, or research centers. It also involves transferring your technology and partnering with local companies to create new products and services.
    • Community Engagement:: Community engagement is a process in which your business participates in several programs and initiatives that encourage local economic growth. This includes sponsoring events that support national development, supporting local charities, and taking part in social as well as environmental programs. This helps to upscale your ICV score rapidly.
    ICV Certificate

    Validity and Renewal of ICV Certificate: Key Insight

    An ICV Certificate in UAE is generally valid for a specific period, usually 12-18 months. It depends on the certification entity and the business’s specific circumstances. The ICV certificate holder needs to adhere to all the ICV initiative laws and requirements to uphold their ICV score.

    Renewal of ICV Certificate

    An ICV Certificate in the UAE is valid for a specific duration. It is important for businesses to keep an eye on the validity period so that the certificate can be renewed on time. Here is how you can renew your certificate:

    Validity and Renewal of ICV certificate
    • Submission of Updated Documents: For the ICV score calculation, it is crucial to provide your updated documents, such as financial records, statements, and more.
    • ICV score recalculation: The authoritative entity will recalculate your ICV score based on the updated information nd documents of the company.
    • Audit and Verification: A comprehensive audit will be conducted by the authorities to make sure that the information on the documents is genuine. This will help them calculate your ICV score accurately.
    • Certificate Renewal: If the company satisfies all the eligibility criteria, the authorities will issue them a valid ICV certificate for their business.
    ICV Certificate

    Who Needs an ICV Certificate in the UAE?

    ICV Certification is not compulsory for every business in the UAE, but it is essential or or strongly recommended for many companies operating within key sectors. The certificate serves as a benchmark of a business’s contribution to the UAE’s economic growth and localization goals.

    Mandatory for:
    • Companies directly supplying products or services to the Abu Dhabi National Oil Company (ADNOC) and its affiliated entities are required to obtain the ICV certificate as part of the procurement process.
    Highly Recommended For:
    • Businesses aiming to participate in public sector contracts or government-led tenders, especially in critical industries such as oil & gas, construction, logistics, healthcare, and infrastructure.
    • Companies seeking to demonstrate strong alignment with the UAE’s national priorities around local employment (Emiratization), supporting local suppliers, and boosting economic diversification.
    • Organizations that want to enhance their reputation, improve competitiveness, and increase chances of winning contracts where local value creation is a key component.

    Key Requirements for ICV Certification Dubai, UAE

    To obtain the ICV certificate Dubai, UAE, providers must meet a number of conditions outlined by the MoIAT. Suppliers that are unclear about the procedure might seek advice from Dubai-based companies that offer ICV certification services. The following criteria must be met in order to receive an ICV certificate in the United Arab Emirates –

    • In accordance with International Financial Reporting Standards (IFRS), suppliers are required to produce audited financial statements. The report must be completed within two years of the year of certification. Furthermore, a certified auditor should sign the report.
    • Each legal entity must apply for its own ICV certificate. However, if a company has several branches in the same Emirate with the same ownership and business activities, they can get one combined certificate.
    ICV Certification
    • A company should have a separate accounting record for its production and commercial activities if it holds both licenses. The MoIAT certification bodies will issue the ICV certificate in UAE for each license separately.
    • Accounting records for up to nine months may be submitted by new businesses which are under ten months and do not yet have audited financial statements.
    • The financial figures in the ICV submission must exactly match the numbers in the audited financial statements. Any mismatch can delay or cancel the certification process.
    • The ICV certificate is valid for 14 months from the date of the latest audited financial report.

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    Benefits of Having ICV Certificate in Dubai, UAE for Your Business

    ICV certification Dubai and the UAE takes a few things into account. These include Emirati employment, foreign-sourced money, revenue generated (outside the United Arab Emirates), and increasing local investments. This program has encouraged the growth of new business lines that are supplied locally within the UAE.

    01
    Enhanced Access to Government Contracts
    ICV certificate in UAE is a prerequisite for participating in government tenders, opening doors to significant market opportunities.
    02
    Strengthened Competitive Edge
    Possessing an ICV certificate distinguishes your business, demonstrating a commitment to local economic contribution, which is a crucial advantage in competitive bidding.
    03
    Ensured Regulatory Compliance
    Obtaining ICV certification guarantees adherence to mandatory local regulations set by relevant authorities, including the ICV Certificate agency, for businesses engaging in government contracts.
    04
    Contribution to National Economic Growth
    The ICV program fosters the use of local resources, employment, and investment, directly contributing to the UAE’s economic development.
    05
    Stimulation of Local Supply Chains
    ICV certification encourages the development of local supply chains, creating new business opportunities within the UAE.
    06
    Increased Private Sector Participation and Diversification
    ICV certification Dubai and the UAE increases the involvement of the private sector, diversifies the GDP, and localizes the main components of the supply chain.
    07
    Support for SMEs Growth
    ICV certification facilitates the expansion and development of small and medium-sized enterprises (SMEs) by stimulating localized supply chains.
    08
    Preferential Treatment in Federal Contracts
    Holders of ICV certification are eligible to take advantage of the advantages of the contracts they receive from partner businesses and federal bodies.

    How Arabian Wingz Supports You in the ICV Certification Process

    Arabian Wingz is dedicated to making the ICV certification process simple and effective for your business. We understand how essential this certification is for accessing government contracts and building local partnerships. That is why we offer expert guidance and hands-on support at every step. Our goal is to help you confidently navigate the process and achieve the best possible ICV score.

    ICV certification is important for any business in the UAE that wants to work with the government and show its support for the local economy. The process can be detailed and requires proper paperwork, but with help from Arabian Wingz, you can easily understand the requirements and complete your application without hassle.

    As the ICV program continues to evolve, it strengthens the UAE’s goal of economic growth and more job opportunities for Emiratis. It highlights how much your business contributes to the country and promotes long-term partnerships that benefit all stakeholders. With Arabian Wingz at your side, you can confidently manage the certification procedure and position your company for a successful future in the UAE market.

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      FAQ's

      What is an ICV Certificate?

      ICV certificate stands for In-Country Value Certificate. It is a type of document that is issued to companies registered in the UAE on the basis of how much they contribute to the nation’s economy through local manufacturing or sourcing, investment, workforce employment, and overall spending. It is not mandatory to have this certificate for all businesses, but it is extremely beneficial for businesses looking to work with government entities like ADNOC.

      While an ICV certificate is not mandatory, it provides a range of advantages to businesses that wish to bid for tenders from prestigious government entities like ADNOC, Aldar, ADDED, Etisalat, DEWA, and more. In addition to that, having a good ICV score promotes economic diversification, strengthens the local supply chain, and provides businesses with an advantage in their market to acquire government contracts.

      An ICV Certificate is usually required by:

      • Suppliers working with government entities
      • Major private sector companies
      • Companies looking to grow their share in the public procurement market
      • Companies seeking to participate in government tenders

      Moreover, it is one of the best certifications that help businesses boost their reputation in the market. 

      To apply for an ICV Certificate, businesses must gather the following documents: 

      • Audited Financial Statements (not older than 2 years)
      • Trade license
      • Company ownership documents
      • Emirates ID and passport copies of owners/partners
      • Also, provide an overview of costs related to:
        • Local manufacturing
        • Payroll and Emiratization
        • Investment in UAE-based assets
        • Local supplier spend

      Some of the authorized certifying bodies are responsible for issuing an ICV certificate in the UAE. These entities are professional firms that have been approved by the Ministry of Industry and Advanced Technology (MoIAT). Examples include KPMG Lower Gulf, PricewaterhouseCoopers (PwC), Deloitte & Touche, Ernst & Young, Crowe, Bakertilly MKM, Al Sharid Auditors, Ardent Advisory, and others listed on the official registry.

      The issuance of an ICV Certificate in the UAE entirely depends on the evaluation of documents and an audit review. If everything is clear and transparent, your ICV certificate will be issued within 5-10 business days.

      An ICV Certificate is beneficial for UAE companies in numerous ways. Here is how:

      • Businesses have higher chances of acquiring government contracts from reputable entities like ADNOC, Aldar, ADDED, Etisalat, and more.
      • It provides a better ranking in public tenders
      • It supports national economic development
      • It enhances corporate image and transparency for businesses
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