In-Country Value Certification for Businesses in Dubai & Abu Dhabi
If your business supplies products or services to ADNOC, government entities, or major organisations in the UAE, ICV certification is no longer something you can afford to overlook. In many tenders, your ICV score can influence how your company is evaluated, making it an important factor alongside pricing, technical capabilities, and experience.
Getting certified, however, is not as simple as submitting financial statements. The process involves reviewing your company’s spending within the UAE, local procurement, investments, employee costs, and other factors that contribute to the country’s economy. Even small errors or missed opportunities can impact your final score.
Obtaining an ICV certificate involves more than gathering documents and submitting an application. The process requires a clear understanding of the programme requirements, accurate financial information, and proper evaluation of your company’s local contribution. At Planners Tax Consultancy Services, we help businesses manage every stage of the certification process, from reviewing the required documents to coordinating with the certifying body. Whether you’re applying for a new certificate or renewing an existing one, our team ensures the process is completed accurately, efficiently, and without unnecessary delays.
Steps Involved in Obtaining ICV Certification
Obtaining an In-Country Value (ICV) Certificate requires businesses to demonstrate their contribution to the UAE economy through local spending, investments, workforce development, and procurement activities. The process involves a detailed review of financial and operational information to determine an organisation’s ICV score in accordance with the applicable guidelines. Understanding each stage of the certification process can help businesses prepare effectively and avoid unnecessary delays.
The following are the key steps involved in obtaining and maintaining an ICV Certificate:
Understanding ICV Requirements
Review Guidelines
We begin by reviewing the latest ICV requirements applicable to your business. Our team assesses your eligibility, explains the certification criteria, and identifies the documents and information required to proceed with the application.
Preparing Documentation
A successful ICV application starts with proper documentation. We help you compile, review, and organise all the necessary information required for certification.
Business Information
We collect and review details related to your company structure, ownership, licences, and business activities to ensure all information aligns with certification requirements.
Financial Statements
Our team examines your audited financial statements and identifies the data required for ICV score calculation. We ensure the financial information is presented accurately and in accordance with the certification framework.
Workforce Information
We gather and verify workforce-related information, including employee costs, job roles, and workforce composition, which contribute to your overall ICV score.
Supply Chain Information
We review your procurement activities and local supplier spending to accurately capture your company's contribution to the UAE economy through local sourcing and business partnerships.
ICV Assessment
Once the required information is prepared, we coordinate the assessment process on your behalf.
Submission of Data
We compile the necessary documentation and submit it to the approved certifying body, ensuring all requirements are met before submission.
Assessment Process
Throughout the assessment stage, we work closely with the certifying body, address any queries, provide additional information when required, and ensure the process progresses without unnecessary delays.
ICV Certification
After the assessment is completed, we help facilitate the final certification stage.
Issuance of Certificate
Upon successful evaluation, we assist in obtaining your ICV Certificate and ensure you receive all relevant documentation required for supplier registration and tender participation.
Validity Period
We help you keep track of certificate validity and advise you on renewal timelines, ensuring your certification remains current and your business stays eligible for future opportunities.
ICV Reporting
Maintaining compliance is just as important as obtaining certification.
Periodic Reporting
Where required, we assist with ongoing reporting obligations and updates related to your ICV performance. Our team helps ensure that your records remain up to date and ready for future assessments and renewals.