Accounting & Assurance

In Country Valuation

Boosting Your Local Contribution: Streamlined ICV Certification Process in Dubai & UAE

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.

Key Benefits

Partnering with ASC Group for your ICV Certification Process offers distinct advantages:

Tender Eligibility

Fulfil the mandatory ICV compliance requirement to bid for strategic projects and tenders with ADNOC, MoIAT, and other government entities.

Optimized ICV Score

Leverage our expertise to accurately calculate and strategically enhance your ICV score, maximizing your competitive advantage.

Streamlined Process

Our methodical approach simplifies the often-complex ICV certification process, saving you time and reducing administrative burden.

Assured Compliance

Ensure all submissions meet the stringent requirements of the ICV program guidelines, minimizing risks of delays or rejections.

Expert Guidance

Benefit from seasoned professionals who understand the nuances of ADNOC ICV and MoIAT ICV frameworks, providing clarity at every stage.

Enhanced Reputation

Demonstrate your commitment to the UAE's economic growth and local content development, bolstering your corporate image.

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Why Choose ASC Group

As a leading professional services firm in Dubai, ASC Group is your trusted partner for navigating the ICV Certification Process. Choose us because:

Accredited Expertise

Accredited Expertise

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.

Strategic Optimization

Strategic Optimization

We don't just process applications; we provide strategic insights to help you understand and potentially enhance your ICV score.

End-to-End Support

End-to-End Support

From initial data preparation to final certificate issuance and beyond, we offer comprehensive, hands-on assistance throughout the entire ICV certification process in UAE.

Precision & Compliance

Precision & Compliance

Our meticulous approach ensures accuracy in data compilation and strict adherence to all program requirements, minimizing risks and delays.

Proven Track Record

Proven Track Record

We have successfully assisted numerous businesses in obtaining their ICV Certificate, enabling them to participate in key national projects.

Integrated Advisory

Integrated Advisory

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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Frequently Asked Questions

A1: An ICV Certificate (In-Country Value) quantifies a company's contribution to the UAE's economy, based on audited financials and local spend. It's often required for tenders with government and semi-government entities.

A2: Companies seeking to participate in tenders or contracts with entities like ADNOC, or those aligning with the MoIAT ICV program, typically require an ICV Certificate to demonstrate their local economic contribution.

A3: An ICV Certificate is generally valid for 14 months from the date of issuance of the audited financial statements on which the certification is based, requiring annual re-certification.

A4: Yes, ASC Group provides guidance on data preparation and strategic advice on how to potentially optimize your ICV score by highlighting your contributions to local content and Emiratisation.

A5: The most crucial document is your company's audited financial statements, prepared as per IFRS and generally not older than two years from the date of the ICV certification process application.

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