What exactly is an ICV Certification?

 “ICV certification is a method by which independent pre-approved ICV certifiers validate the ICV score of a supplier or contractor. The primary goal of ICV Certification is to assure the validity and correctness of the information provided by suppliers in terms of ICV Contribution.” What exactly is an ICV certificate in the UAE?

“ADNOC, Aldar, the Economic Department, and Abu Dhabi Ports have jointly established an In-Country Value (ICV) programme. The ICV certificate programme aims to diversify and strengthen the UAE economy while also providing opportunities for UAE nationals in the private sector. Each legal organisation should obtain an ICV certificate.” How Can I Get An ICV Certificate In UAE?

According to government laws, the three basic stages to obtain an ICV (IN-COUNTRY VALUE) Certificate in the UAE are as follows: To apply for an ICV certificate, the company must contact and acquire quotations from the Certifying Bodies.

The company must next choose and award one of the Certifying Bodies from the obtained quotations, followed by the signing of an Engagement Letter.

The ICV certification organisations in the UAE will then analyse the company based on the information given using the ICV Certification Template, and the final ICV will be issued.

Documents required to obtain an ICV (IN-COUNTRY VALUE) Certificate in the UAE include: the company's audited financial statements and a list of bought products and services.

WPS provides information.

The ICV Certification program's goals are as follows: Emiratization: Creating additional employment opportunities for UAE nationals in the private sector; GDP diversification: Supporting UAE GDP diversification by sourcing more products and services within the UAE Strategic considerations: Localizing strategically critical value chain links for selected categories

Learn more about ICV Certificate

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