ICV Certification in UAE

The In-Country Value (ICV) Program, launched by the UAE Ministry of Industry and Advanced Technology (MoIAT), is a national initiative designed to increase local economic growth, strengthen supply chains, and promote industrial development. Through ICV certification in the UAE, businesses are officially evaluated on their contribution to the UAE economy, including local spending, Emiratization, investment, and overall value addition. For companies participating in government or semi-government procurement, the ICV Certificate in UAE has become a key requirement, ensuring greater competitiveness and transparency. At Reyson Badger, we help businesses obtain their ICV certification smoothly, accurately, and in full compliance with MoIAT guidelines.

What Is ICV Certification in the UAE?

ICV certification in the UAE is an official evaluation issued under the Ministry of Industry and Advanced Technology (MoIAT) to measure how much economic value a company contributes to the country. An ICV Certificate in the UAE assesses key factors such as local procurement and sourcing, Emiratization (hiring UAE nationals), investments in local facilities and operations, and overall expenditure within the UAE, including manufacturing, services, and R&D activities. Introduced as part of the UAE’s national strategy to strengthen industrial growth and increase local spending, the ICV program ensures that businesses operating in the UAE actively support economic diversification and long-term national development.

Why the ICV Program Matters?

The ICV Program in the UAE plays a crucial role in strengthening national industries and accelerating the country’s long-term economic vision. Developed by the Ministry of Industry and Advanced Technology (MoIAT), the program ensures that companies operating in the UAE actively contribute to the nation’s growth by increasing their In-Country Value through local spending, job creation, and industrial investment.

The ICV Program aims to:

• Boost the contribution of UAE-based industries to the national GDP, supporting sustainable growth and stronger domestic capabilities.
• Create skilled employment opportunities for UAE nationals, enhancing Emiratization and building a competitive national workforce.
• Encourage both foreign and local companies to invest within the UAE, attracting long-term industrial and economic development.
• Strengthen supply chain localization, ensuring more goods and services are sourced within the country instead of relying on imports.
• Improve the competitiveness of UAE-based products and services, helping companies align with global standards while contributing to national priorities.

Support the UAE’s economic diversification strategy, including the aims of the Operation 300bn initiative, which focuses on developing a strong, sustainable industrial sector.

Benefits of Obtaining an ICV Certificate in the UAE

Securing an ICV Certificate in the UAE provides businesses with a strong competitive position across both government and private sectors. As part of the Ministry of Industry and Advanced Technology’s (MoIAT) national ICV Program, certified companies gain measurable advantages that directly support growth and long-term sustainability.

1. Higher Eligibility for Government & Semi-Government Tenders   

   
   Companies with a valid ICV certification in the UAE receive higher evaluation scores in procurement processes. Government entities, semi-government firms, and large national industries prioritise suppliers who demonstrate strong local value contribution, making ICV a key requirement to qualify for major contracts.

2. Strong Competitive Advantage in the UAE Market  
    

   An approved ICV score showcases your commitment to local sourcing, Emiratization, and economic contribution. This gives your business an immediate edge over competitors without certification, especially in sectors like manufacturing, energy, construction, and technology.
    

3. Enhanced Business Credibility & Trust

   
   Holding an ICV Certificate signals transparency, compliance, and alignment with national economic goals such as Operation 300bn. Clients, partners, and procurement teams view certified companies as reliable, responsible, and better aligned with UAE economic priorities.

4. Improved Access to Local Supply Chains

   
   Businesses with strong ICV performance gain better access to strategic local supply networks. Higher local procurement and investment scores make it easier to become an approved supplier for leading UAE enterprises and government-linked entities.

5. Long-Term Business Growth & Sustainability

   
   The ICV Program encourages companies to increase local spending, hire UAE talent, and invest in local capabilities. These practices not only improve your ICV score but also support sustainable, long-term growth that strengthens your overall position in the UAE economy.
    

Who Should Get ICV Certification in the UAE?

ICV certification in the UAE is particularly important for businesses aiming to participate in government, semi-government, or strategic tenders. It is highly relevant for:

• Companies bidding for tenders with ADNOC, Mubadala, Aldar, and other participating entities under the National ICV Program.
• Suppliers and contractors in energy, oil & gas, infrastructure, and industrial sectors
• Manufacturing and service companies with significant local procurement or investment
• Foreign companies operating in the UAE that want a competitive advantage in local markets
• Businesses are committed to increasing Emiratization and local workforce development

While ICV certification is not mandatory for all companies, many tenders and government projects require an official ICV Certificate to evaluate a company’s contribution to the UAE economy. Firms without ICV certification may receive lower scores, reducing their chances of winning key contracts. Obtaining ICV certification demonstrates compliance with national policies and showcases your commitment to local value creation.

Eligibility Criteria for ICV Certification in the UAE

To obtain ICV certification in the UAE, a business must meet the following core requirements:

• Valid UAE Trade Licence: Your company must be legally registered and hold an active trade licence issued by a UAE government authority.
• Physical Presence & Economic Activity: The business should maintain operations, staff, and ongoing economic activity within the UAE.
• Documented Local Contribution: Companies must provide verifiable records of local sourcing, investments in UAE infrastructure, Emiratization (employment of UAE nationals), and other relevant contributions that add measurable value to the local economy.
• Audited Financial Statements: Submit audited accounts prepared according to IFRS standards or an approved alternative for new companies, demonstrating compliance with official financial reporting requirements.
   

How to Get Your ICV Certificate in UAE – Step by Step?

Obtaining an ICV certificate in the UAE can be a streamlined process when guided by experts. Reyson Badger supports businesses at every stage to ensure full compliance with MoIAT regulations and accurate scoring of your in-country value contribution.

1. Prepare Audited Financial Statements

Compile your company’s financial data in accordance with International Financial Reporting Standards (IFRS). These statements form the foundation for calculating your ICV score and must clearly reflect local procurement, labor, and investment figures.

2. Complete the ICV Score Template

Accurately complete the Supplier Submission Template (Excel) based on the latest IFRS audited financial data.This template calculates your company’s local value contribution, including local spending, UAE national employment, and investments. Precision at this stage ensures a higher and compliant ICV score.

3. Partner with an Accredited Certifying Body

MoIAT requires businesses to be certified by an authorized certifying body. Reyson Badger coordinates with approved certifiers to ensure your application is validated efficiently and meets all regulatory requirements.

4. Submit Documentation for Evaluation

Our team reviews and organizes all supporting documents before submission, including financial records, procurement data, and employment information. Proper documentation ensures a smooth evaluation and reduces the risk of delays or rejections.

5. ICV Committee Review and Approval

Once submitted, the certifying body audits your application. After verification, the ICV committee reviews and approves the score, confirming your company’s contribution to the UAE economy.

6. Receive Your ICV Certificate

Upon approval, your official ICV certificate is issued, detailing your validated in-country value score. This certificate enhances your eligibility for government and semi-government contracts, strengthens your credibility, and highlights your commitment to local economic growth.

Understanding the ICV Score

The ICV score is an official metric used to evaluate a company’s contribution to the UAE economy under the ICV certification in the UAE program. It reflects how much value a business adds locally through its operations, workforce, and investments. The score is calculated based on key factors, including:

• Local procurement spending is the proportion of goods and services sourced from UAE-based suppliers
• Local content in products or services is the percentage of manufacturing, assembly, or service operations conducted within the UAE
• Emiratization, employment of UAE nationals, and training initiatives that support workforce development
• Research & development and local investments are spent on innovation, infrastructure, and initiatives that strengthen the national economy

Validity and Renewal of Your ICV Certificate in UAE

An ICV Certificate in UAE is typically valid for 14 months from the date of issuance. To maintain its active status and continue benefiting from government and semi-government tenders, businesses must:

• Submit audited financial statements (IFRS) that are not older than 2 years from the certification year.
• Undergo a recalculation of the ICV score based on the latest procurement, employment, and investment data.
• Apply for renewal before the certificate expires to ensure uninterrupted eligibility for contracts and procurement opportunities.

Regular renewal of your ICV certification in UAE not only sustains your competitive advantage but also demonstrates your company’s ongoing commitment to contributing local value, supporting UAE economic growth, and aligning with national in-country value initiatives.

How can we help you with ICV certificate Services in UAE?

Getting ICV certification is an important move for businesses in the UAE. This is especially true for those looking to bid on government contracts. By showing they add value locally, companies can boost their chances of winning these contracts and help the UAE grow economically.

The expert team at Reyson Badger supports you in obtaining your ICV (In-Country Value) certificate. Our team will handle all the formalities and procedures required to secure your certification, ensuring a smooth and hassle-free experience for you. We work in partnership with approved ICV certifying bodies that are officially recognized and authorized to issue the ICV certification. By choosing our services, you can be confident that your ICV certificate Services in UAE will be issued by one of the accredited and reputable certifying organizations listed under the ICV program.