ICV Consultation
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ICV Consultation
In-Country Value (ICV) Program – UAE
The UAE’s ICV Program, launched under the Ministry of Industry & Advanced Technology (MoIAT), aims to strengthen the local economy by boosting demand for local goods, services, and talent while attracting foreign investment. Since its launch in Abu Dhabi in 2018, it has helped businesses secure more government and semi-government contracts.
Why is ICV Certification Important?
ICV certification gives businesses a competitive edge when bidding for projects by proving their contribution to the UAE economy. Companies with a higher ICV score get priority for government contracts.
How NIXXA Can Help
At NIXXA, we simplify the ICV certification process. Our experts analyze your financials, structure your documents, and optimize your submission to maximize your ICV score—giving you an advantage in securing tenders.
Advantages
Our solutions offer reliability, efficiency, and compliance, helping businesses streamline operations and achieve sustainable growth.
Higher Chances of Winning Contracts
ICV-certified businesses receive preference in government and semi-government tenders, increasing opportunities for securing valuable contracts.
Boosts Business Credibility
Having an ICV certification strengthens your company’s reputation as a reliable and locally contributing business, making you more attractive to potential partners and investors.
Encourages Local Investment & Growth
By meeting ICV requirements, businesses contribute to the UAE economy, supporting local industries, job creation, and sustainable development.
Optimized Financial Planning
Our experts at NIXXA help you structure your financials and documentation strategically, ensuring maximum ICV scores while improving your company’s efficiency.
Seamless Certification Process
With NIXXA’s expert guidance, you avoid errors, delays, and rejections, making the ICV certification process smooth, hassle-free, and highly beneficial for your business
What We Provide
We help businesses secure high ICV scores for better tender opportunities.
Providing expert financial reporting and compliance services.
Ensuring tax compliance while minimizing liabilities.
Strategic guidance to enhance profitability and growth.
Process
01
Financial Statement Preparation
We issue audited financial statements following IFRS standards or use management accounts for new entities under ten months old.
02
ICV Template Completion
Our experts accurately fill in the ICV template as per official guidelines.
03
CV Template Completion – Our experts accurately fill in the ICV template as per official guidelines. Evaluation Assistance
We coordinate with authorized certifying bodies to ensure a smooth evaluation process.
04
ICV Certificate Acquisition
Once approved, we assist in submitting the ICV certificate to the relevant participating entities.
FAQ
ICV (In-Country Value) certification evaluates a company’s contribution to the UAE’s economy based on factors like local spending, hiring, and manufacturing.
Companies supplying goods or services to government and semi-government entities in the UAE must obtain an ICV certificate to improve their chances of securing contracts.
The ICV score is based on audited financial statements and considers factors like local procurement, investment, Emiratization, and workforce contributions.
An ICV certificate is valid for 14 months from the date of the audited financial statements used for its calculation.
Nixxa offers award-winning accounting, auditing, and financial services in the UAE, including CT compliance, VAT registration, audits, and customs reconciliation, ensuring your business stays compliant and successful.
Quick Links
Contact Us
Rolex Tower, Floor no.9,
Near Dubai Museum of The Future,
DIFC, Dubai, UAE
Dar Al Wuheida Building, Office No: 201, Near Al Qiyadah Metro Station, Hor Al Anz, Dubai, UAE
Sharjah media city, Sharjah
Mandapathil Bldg, 1st Floor, Office 9/98-6, Piravom, Ernakulam, Kerala