The In-Country Value (ICV) Certification is a strategic UAE government initiative aimed at boosting economic growth by encouraging businesses to maximize their contribution to the local economy. It evaluates how much value companies add locally through investments, local spending, Emiratization (employment of UAE nationals), and use of local resources.

At Elite JK Foxes, we provide expert guidance and support for businesses seeking ICV certification, helping you enhance your market position and qualify for lucrative government and semi-government contracts.

What is ICV Certification?

VAT Registration & Deregistration

The ICV Certificate is an official document issued by the UAE Ministry of Industry and Advanced Technology (MoIAT) that measures your company's contribution to the UAE economy. It reflects your business’s commitment to:

Local sourcing and manufacturing

Investing in local resources and infrastructure

Employing and developing UAE nationals (Emiratization)

Supporting local industries and supply chains

The certification is especially critical for companies aiming to win contracts with entities like the Abu Dhabi National Oil Company (ADNOC), government departments, and large public sector projects.

Why is ICV Certification Important?

• Competitive Advantage: ICV-certified companies gain preference in bidding for government and semi-government contracts.

• Demonstrate National Commitment: Shows your alignment with UAE’s economic diversification and local development goals.

• Expand Business Opportunities: Open doors to new partnerships and projects that require ICV compliance.

• Enhance Brand Reputation: Increase trust and credibility among clients and stakeholders.

Who Needs ICV Certification?

• Suppliers, contractors, and service providers working with ADNOC and its subsidiaries.

• Companies bidding for government or semi-government projects in sectors such as oil & gas, infrastructure, utilities, healthcare, and more.

• Businesses looking to strengthen their local presence and foster long-term growth in the UAE market.

Why is ICV Certification Important?

• Competitive Advantage: ICV-certified companies gain preference in bidding for government and semi-government contracts.

• Demonstrate National Commitment: Shows your alignment with UAE’s economic diversification and local development goals.

• Expand Business Opportunities: Open doors to new partnerships and projects that require ICV compliance.

• Enhance Brand Reputation: Increase trust and credibility among clients and stakeholders.

Who Needs ICV Certification?

• Suppliers, contractors, and service providers working with ADNOC and its subsidiaries.

• Companies bidding for government or semi-government projects in sectors such as oil & gas, infrastructure, utilities, healthcare, and more.

• Businesses looking to strengthen their local presence and foster long-term growth in the UAE market.

Our ICV Certification Services

• At Elite JK Foxes, we help businesses navigate the ICV certification process with ease and confidence:

• ICV Readiness Assessment: Analyze your current operations to identify areas impacting your ICV score.

• Documentation & Application Support: Assist in gathering and preparing all necessary financial and operational documents for submission.

• Strategic Guidance: Advise on increasing local spending, Emiratization efforts, and investment strategies to maximize your ICV value.

• Liaison with Certifying Bodies: Manage communications and follow-ups with authorized ICV certifiers and the Ministry of Industry and Advanced Technology.

• Score Optimization: Provide actionable recommendations to improve your ICV rating and competitive positioning.

• Renewal & Compliance: Support annual recertification and ensure ongoing compliance with ICV requirements.

How to Obtain ICV Certification?

1. Prepare Audited Financial Statements: Ensure your financial documents are compliant with International Financial Reporting Standards (IFRS) or equivalent.

2. Complete the ICV Template: Accurately fill out the standard ICV scorecard reflecting local spending, employment, and investments.

3. Submit for Evaluation: Work with an accredited ICV certifier approved by the Ministry to perform the technical review.

4. Receive Certification & Score: Obtain your official ICV Certificate demonstrating your value contribution.