The In-Country Value (ICV) program is a strategic national initiative designed to enhance the UAE's economic diversification and boost local content. For businesses aiming to participate in tenders with government entities like ADNOC or contribute to the Ministry of Industry and Advanced Technology (MoIAT) program, obtaining an ICV Certificate is a critical requirement. Navigating the ICV certification process demands meticulous preparation, adherence to specific guidelines, and accurate data reporting. At ASC Group, we provide comprehensive support and expert guidance through every step of the ICV certification process in UAE, ensuring your business achieves compliance, optimizes its ICV score, and strengthens its commitment to the local economy.
Partnering with ASC Group for your ICV Certification Process offers distinct advantages:
Fulfil the mandatory ICV compliance requirement to bid for strategic projects and tenders with ADNOC, MoIAT, and other government entities.
Leverage our expertise to accurately calculate and strategically enhance your ICV score, maximizing your competitive advantage.
Our methodical approach simplifies the often-complex ICV certification process, saving you time and reducing administrative burden.
Ensure all submissions meet the stringent requirements of the ICV program guidelines, minimizing risks of delays or rejections.
Benefit from seasoned professionals who understand the nuances of ADNOC ICV and MoIAT ICV frameworks, providing clarity at every stage.
Demonstrate your commitment to the UAE's economic growth and local content development, bolstering your corporate image.
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Read MoreOur methodical and client-centric approach ensures a precise and efficient ICV Certification Process for your business:
We begin by evaluating your company's readiness for ICV certification, reviewing existing financial statements (must be IFRS-audited and not older than 2 years from application date), and identifying potential gaps.
We guide you in meticulously compiling all necessary financial and operational data, including local spend, Emiratisation contributions, capital investment, and third-party spend. We also advise on strategies to potentially optimize your ICV score.
Our experts assist in accurately completing the official ICV Certificate template, ensuring all figures align with your audited financials and supporting documentation, adhering to ICV compliance standards.
We help you organize and prepare all supporting documents such as invoices, payroll records, lease agreements, and supplier declarations, which are crucial for verification by the ICV Certifying Body.
We facilitate the engagement with an FTA-approved ICV Certifying Body (an independent auditor) and manage all communications, submission, and clarification requests on your behalf throughout the audit phase.
We provide comprehensive support during the Certifying Body's verification process, helping to address queries, provide additional evidence, and ensure a smooth assessment towards the issuance of your ICV Certificate.
After certification, we can offer advice on maintaining and improving your ICV score for future renewals and provide insights into leveraging your certificate effectively in tenders.
As a leading professional services firm in Dubai, ASC Group is your trusted partner for navigating the ICV Certification Process. Choose us because:
Our team possesses in-depth knowledge of the In-Country Value program guidelines (including ADNOC ICV and MoIAT ICV requirements) and works with approved certifying bodies.
We don't just process applications; we provide strategic insights to help you understand and potentially enhance your ICV score.
From initial data preparation to final certificate issuance and beyond, we offer comprehensive, hands-on assistance throughout the entire ICV certification process in UAE.
Our meticulous approach ensures accuracy in data compilation and strict adherence to all program requirements, minimizing risks and delays.
We have successfully assisted numerous businesses in obtaining their ICV Certificate, enabling them to participate in key national projects.
As part of our broader Accounting & Assurance services, we offer integrated support that considers your overall financial and compliance strategy.
Connect with ASC Group today for a personalized, confidential consultation on your ICV Certification Process needs. Let us guide you to achieve your ICV Certificate and enhance your local value.
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