What is ICV in the UAE?
The In-Country Value (ICV) program is a UAE government initiative led by the Ministry of Industry and Advanced Technology to drive economic diversification and increase local contribution.
ICV measures how much your business contributes to the UAE economy through:
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Local procurement
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Emiratization
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Investments within the UAE
Companies with higher ICV scores gain a competitive advantage in government and semi-government tenders, including entities such as ADNOC.
Why is ICV Certification Important?
ICV certification is no longer optional for many businesses operating in the UAE. It directly impacts:
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Tender evaluation and contract awards
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Supplier eligibility with major entities
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Long-term business growth in the UAE
A strong ICV score can significantly increase your chances of winning projects with:
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Government entities
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Oil & gas sector
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Large semi-government organizations
How to Get an ICV Certificate in UAE (Step-by-Step)
Step 1: Prepare Audited Financial Statements
Your financial statements must be:
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Audited by a licensed audit firm in the UAE
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Prepared according to international standards
Step 2: Complete the ICV Questionnaire
The ICV Questionnaire includes:
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Revenue and cost breakdown
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Procurement details
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Employee salaries (including Emiratization)
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Investments
Step 3: Submit to an Approved Certifying Body
The application must be submitted to an approved ICV certifying body such as Assist Plus.
Step 4: Evaluation & Verification
The certifying body reviews:
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Financial data
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Supporting documents
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Compliance with ICV guidelines
Step 5: Receive Your ICV Certificate
Once approved:
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Certificate is issued within 7–10 working days
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Valid for 14 months from the financial statement date
For further details and information, feel free to contact us at our hotline or drop us a message and our representatives will get back to you as soon as possible.