The ICV Certificate has become an important part of doing business with government entities and major companies in the UAE.
At CLA Emirates, we help businesses navigate the ICV certification process by coordinating with our partnered Approved ICV Certifying Body. From document collection, ICV Score calculation, and review to certification support, we work closely with companies to make the process efficient and straightforward.
What Is an ICV Certificate?
An ICV Certificate is an official certificate issued by an Approved ICV Certifying Body after assessing a company's financial and operational information in accordance with the National In-Country Value (ICV) Program.
The certificate measures various factors that reflect a company's contribution to the UAE economy, including areas such as:
The certificate is commonly requested during supplier registration and tender participation with participating entities.
What Is an ICV Certifying Body?
An ICV Certifying Body is an organization approved to assess company information and issue ICV Certificates under the National ICV Program.
The responsibilities of an ICV Certifying Body generally include:
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Reviewing financial statements
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Verifying supporting documentation
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Calculating the ICV score based on the applicable methodology
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Issuing the ICV Certificate
Only an Approved ICV Certifying Body can issue a valid ICV Certificate accepted under the National ICV Program.
How CLA Emirates Supports Your ICV Certification
CLA Emirates works with businesses across the UAE by providing end-to-end support throughout the ICV certification process. Through our partnership with an Approved ICV Certifying Body, we assist businesses in preparing for certification while helping ensure all required documentation is complete and accurate.
Our support includes:
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Initial eligibility assessment
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ICV documentation checklist
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Collection and review of required documents
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Assistance with completing the ICV template
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Coordination with our partnered Approved ICV Certifying Body
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Ongoing support throughout the certification process
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Assistance with certificate renewal
Our objective is to simplify the certification journey and help businesses complete the process efficiently.
Who Requires an ICV Certificate?
An ICV Certificate may be beneficial for businesses operating across various sectors, including:
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Oil and gas
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Construction
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Engineering
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Manufacturing
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Information technology
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Telecommunications
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Professional services
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Trading companies
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Facility management
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Industrial services
Many suppliers obtain an ICV Certificate when participating in procurement opportunities with organizations that have adopted the National ICV Program.
Documents Typically Required for ICV Certification
The documentation required depends on the company's structure and financial reporting status. Commonly requested documents include:
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Audited financial statements
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Trade license
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VAT certificate (if applicable)
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Employee information
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Fixed asset register
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Supplier information
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Organizational chart
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Additional supporting documents required under the National ICV Program
The exact documentation may vary depending on the business activity and applicable certification requirements.
ICV Certification Process
The general ICV certification process typically includes the following steps:
1. Initial Consultation
CLA Emirates understands your business requirements and provides guidance on the ICV certification process.
2. Document Collection
The required financial statements and supporting documents are collected and reviewed.
3. Coordination with the Approved ICV Certifying Body
Once the documentation is complete, CLA Emirates coordinates the submission to our partnered Approved ICV Certifying Body for assessment.
4. ICV Assessment
The Approved ICV Certifying Body reviews the documentation and calculates the ICV score in accordance with the National ICV Program methodology.
5. Certificate Issuance
Upon successful completion of the assessment, the ICV Certificate is issued by the Approved ICV Certifying Body.
Validity of an ICV Certificate
An ICV Certificate is generally valid for 14 months from the date of the audited financial statements used for certification, subject to the applicable National ICV Program guidelines.
Companies typically renew their certificate after obtaining updated audited financial statements.
Benefits of Obtaining an ICV Certificate
An ICV Certificate may support businesses by:
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Participating in tenders under the National ICV Program
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Demonstrating commitment to local economic development
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Supporting supplier registration with participating entities
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Showcasing investment in the UAE economy
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Strengthening business credibility during procurement processes
The extent of these benefits depends on the procurement policies of individual participating entities.
Frequently Asked Questions
What is an ICV Certificate?
An ICV Certificate is an official certificate issued by an Approved ICV Certifying Body after assessing a company's contribution to the UAE economy under the National ICV Program.
Who can issue an ICV Certificate?
Only an Approved ICV Certifying Body can issue an ICV Certificate.
How long is an ICV Certificate valid?
An ICV Certificate is generally valid for 14 months from the date of the audited financial statements used for certification, subject to the applicable program guidelines.
Conclusion
Obtaining an ICV Certificate is an important step for businesses seeking opportunities under the UAE National ICV Program.
CLA Emirates simplifies the certification process by assisting businesses with document preparation, application management, and coordination with our partnered Approved ICV Certifying Body. Whether you are applying for your first ICV Certificate or renewing an existing one, our team is ready to support you throughout the process.
