ICV Certificate UAE

About ICV Certificate UAE

The In-Country Value (ICV) Certificate in the UAE is a government initiative designed to boost local economic growth by promoting local manufacturing and services. Issued by the Ministry of Industry and Advanced Technology, the ICV certificate assesses a company's contribution to the UAE economy, focusing on factors like local procurement, Emiratization, and investment in the region. Companies with an ICV certificate gain preference in government tenders and contracts, encouraging businesses to increase their economic impact within the UAE. The certification process involves a detailed audit of financial statements and operational activities to ensure compliance with ICV guidelines.