The UAE’s In-Country Value (ICV) program is a key initiative aimed at strengthening the national economy by prioritizing local businesses, developing Emirati talent, and boosting GDP contribution. Companies operating in the UAE, particularly those seeking government and ADNOC contracts, must obtain an ICV certification to demonstrate their commitment to these goals.
With the right ICV certification services, businesses can optimize their score, enhance their market position, and unlock new opportunities. In this article, we explore the benefits of ICV certification and how expert services can help companies maximize their in-country value.
The ICV program, introduced by the Abu Dhabi National Oil Company (ADNOC) and later expanded across various UAE sectors, evaluates companies based on:
Goods & services procured within the UAE
Emirati workforce employment & development
Investment in local manufacturing & production
Contributions to GDP through local spending
An ICV certificate is essential for businesses looking to secure contracts with government and semi-government entities, as well as major corporations in the UAE.
ICV certification is a complex process that requires in-depth financial analysis and strategic planning. Partnering with experienced ICV certification service providers can help businesses:
ICV experts analyze company financials and operations to maximize local value contributions, helping businesses improve their ICV score.
Staying compliant with ICV guidelines is critical. Certification specialists ensure that financial statements meet the latest program requirements.
From documentation to submission, ICV consultants streamline the entire certification process, reducing errors and delays.
Beyond certification, ICV specialists help businesses identify strategic areas for local investment, workforce development, and supply chain enhancements.
A strong ICV score can provide businesses with a competitive edge, increasing their chances of securing lucrative contracts and expanding their presence in the UAE market. By working with professional ICV certification service providers, companies can ensure compliance, maximize their score, and contribute meaningfully to the UAE’s economic growth.
If you’re looking to enhance your in-country value and secure more business opportunities, investing in expert ICV certification services is the key to long-term success.
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