In 2018, ADNOC, the Abu Dhabi National Oil Company, initiated the In-Country Value (ICV) certification to promote Emiratisation, GDP diversification, and other strategic goals. By acquiring an ICV certificate in the UAE, suppliers will benefit from additional consideration during the assessment of the tenders. The suppliers can acquire an ICV certificate that contains a score based on their contribution as recorded in the most recent audited financial statements and other factors. In this blog, we will cover the steps for registering for an ICV Certificate in the UAE.
ICV Registration in the UAE
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Acquiring an ICV certification in Abu Dhabi, UAE, is a complicated process that requires expert assistance. Suppliers must meet many conditions, such as presenting the audited financial statements and filling out the supplier submission template specified by the MoIAT.
GAAP Associates, a leading auditing and accounting firm in the UAE, provides ICV and ISO certification services with the help of the ICV Certifying Body in the UAE. Their team of experienced and knowledgeable professionals is well-versed in the UAE's regulations and guidelines. The team at GAAP Associates will work diligently to ensure that the certification process is completed accurately and efficiently. With ICV certification services in Abu Dhabi, you can rest assured that your ICV certification will be done promptly and correctly so that you can get back to running your business without any worries.
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