Get Your ICV Certificate In 2025 from a Renowned ICV Certifying Body in UAE (ADNOC Approved)
Are you looking to boost your business opportunities in UAE, support local economic growth, increase your chances in government contracts and tenders and gain competitive advantage in the UAE business landscape? You will probably need an ICV Certificate for your company.
Whether you are a budding entrepreneur or established enterprise in the UAE, achieving ICV certification showcases your commitment to Emiratization and boost national economic growth. The ICV certification is considered as the badge of trust for businesses operating in the UAE and aimed to boost national economic growth.
Get Your ICV Certificate from a renowned ICV Certification Body in UAE. Let us help you understand the key aspects of ICV Certification and find some of the renowned ICV Certification Services Providers in UAE.
The In-Country Valuation Program
The In-Country Valuation (ICV) Program has been introduced in the Middle East and this initiative was taken by the Abu Dhabi National Oil Company, also called ADNOC, the national oil corporation to foster the growth of the local economy as well as diversify the economy. In 2021, the UAE introduced In-country valuation as part of the “Projects of the 50”, under the oversight of the Ministry of Industry and Advanced Technology (MoIAT).
ICV Certification in UAE
The main objective of the ICV program is to redirect larger parts of procurement expenditures of local industries to the national economy and boost the economic performance of the country. Manufacturing of local goods and services, local investments, and hiring and development of Emiratis will be considered for ICV certification and scores. Simply put, the ICV considers your contribution to the national economy.
What are the objectives of the ICV program?
- Supply Chain Localization
- Boost Foreign Investments
- Economic Diversification
- Increasing Exports
- Create Private Sector Job Opportunities
- Promote GDP Growth
- Increase Private Sector’s Involvement in National GDP Growth
Who needs ICV Certification?
The national ICV program includes some of the government and semi-government entities called as participating entities who are official partners of the program.
Some of the participating entities are Abu Dhabi National Oil Corporation (ADNOC), Abu Dhabi Department of Economic Development (ADDED), Aldar Properties, Mubadala, Etisalat, Edge, Etihad Rails, Emirates Nuclear Energy Corporation (ENEC), Sharjah Investment and Development Authority (Shurooq), and Emirates Global Aluminium. Any company that needs to apply for tenders and contracts of these participating institutions or other government contracts are required to obtain ICV Certification.
The ICV Certification is highly required for companies that wish to participate in local tender and contracts and do business with the UAE government.
The following are the organisations that should obtain ICV certification:
Tier 1 & 2 Suppliers & Contractors: The tier 1 suppliers who provide goods and services to participating institutions in the National ICV Program should obtain ICV certification and disclose their ICV score which is required for tender calculations. The tier 2 and Below Supplier who needs to bid against the tier 1 supplies also need to provide their ICV certification.
ADNOC Suppliers and Contractors: Any suppliers or contractors such as logistics providers, manufacturers, engineering firms etc that provide goods and services to the ADNOC are required to obtain an ICV Certification.
Companies Seeking Government Contracts: Any organization including technology, healthcare, and transportation etc, that wish to work directly with the UAE government must obtain ICV certification.
By obtaining an ICV certification, the suppliers and vendors gain a competitive advantage in the tendering process.
What is the eligibility to obtain ICV certification in UAE?
Here we have listed some of the basic requirements for any organization to obtain an ICV certification.
Companies must meet the following the eligibility criteria to obtain an ICV certification:
- Businesses should be registered with the government agency and have a trade license.
- There must be a physical office in the UAE and provide products or services.
- Organisations must satisfy the ICV requirements based on their industry sector.
- Depending on the industry sector, In-Country Valuation provided guidelines explaining the standards that should be followed b companies in order to obtain ICV certification.
For instance, the ICV program considers the degree of local components in products and services provided, local investments and degree of employment of Emiratis in oil and gas industry and many other factors.
- For obtaining ICV Certification, it is mandatory for companies to go through audit conducted by an ICV Certifying Body. According to the ICV requirements of the specific industry, the ICV certification provider will evaluate the performance of company and provide accreditation depending on the ICV score.
The ICV obligations are set out to verify that the businesses that apply for certification are committed to the development of the UAE and to the national economy.
How to get an ICV Certificate in UAE?
Here is the general procedure for companies to do for obtaining an ICV Certification in UAE:
Step 1: Understanding The Eligibility Criteria
Businesses must be aware of the eligibility criteria and requirements such as to apply for ICV Certification.
Step 2: Select Authorized ICV Certifying Body
To begin with, you need to select a certification body approved by the MoIAT (Ministry of Industry and Advanced Technology). The certifying body will perform an audit to evaluate your financial statements, records, local procurement, employment details, and other factors that contribute to determine your ICV score.
Step 3: Document Submission
To obtain ICV Certification, you need to prepare and submit relevant documentation such as audited financial statements, records on local suppliers, local employment documents, company’s employee training programs, local investments, CSR (Corporate Social Responsibility) initiatives within the UAE.
Step 4: ICV Score Evaluation & Receive ICV Certificate
Companies should submit all the required documents along with the ICV Certification application to the ICV Certifying bodies. The certifying body will calculate the ICV score based on the available data and evaluate the application.
Step 5: Renewal & Annual Updates
The ICV certification needs to be renewed annually to update the ICV score and keep the certificate valid. By updating your ICV score regularly, you will improve your position in the market. You can increase the ICV score by improving local investments, increasing relationships with local suppliers and local hiring.
What is the role of the ADNOC ICV Certifying Body or ICV Certification Provider in UAE?
The ICV certifying Body also known as ICV Certification Provider, plays a crucial role in helping businesses in obtaining and managing the ICV certification.
Here’s how the ICV certifying Body can help you:
ICV Assessments & Certification:
The ICV certifying body will evaluate and certify companies based on their compliance with ICV requirements which involves numerous factors such as the degree to which local content is utilized for goods and services, Emiratization, investments in local vendors and suppliers and other national economic contributions.
Boost Local Economic Growth & Diversifications
By certifying companies that contribute to national development and economic diversification in UAE, the ICV certifying bodies play a vital role in encouraging businesses to make local investments.
Enhance Local or Government Procurement
To gain a competitive advantage in government contracts, tenders and procurement opportunities in the UAE, ICV certification is a must. The ICV certifying body makes it possible by providing an independent assessment of ICV performance of businesses. Thus, helping government organizations to make better decisions in selecting suppliers and vendors.
Importance And Benefits of Obtaining an ICV Certification:
Let us explain the importance of ICV certificate and how it will remarkably benefit your company:
Access to Government Contracts and Tenders
One of the significant benefits of obtaining an ICV certification is that businesses gain an edge in the government contracts and tenders. As most of the government entities and big companies, especially high-value industries such as oil and gas, have a preference working with suppliers that hold an ICV certificate.
Increased Competitiveness in the Market
Many organisations and government entities choose to sanction contracts and tenders to companies with high ICV scores. Businesses are more likely to miss out on major opportunities without the ICV certification.
Financial Benefits
By holding an ICV certificate, you will have the opportunity to receive tax credits and incentives that reduce your business costs and increase your income.
Increased Trust and Credibility
The ICV certification shows the company’s commitment to UAE economy, compliance with local standards, improving trust with customers, partners and
Compliance and Recognition
A business with ICV certification will comply with the UAE regulations and guidelines, which is a mandatory requirement for companies that wish to bid on major projects as it gives them recognition and credibility in the market.
But… How do you get an ICV Certification?
Get the Game-Changing ICV Certificate from one of the best ICV Certification Providers in UAE
Some of the renowned ICV Certification Providers in UAE in 2025
Here we have listed some of the renowned ICV certifying Bodies approved by ADNOC
- Abstract Accounting and Auditing
Abstract Accounting & Auditing is a professional services firm based in the UAE that offers auditing, accounting, taxation, and ICV certification services to businesses of all sizes. As an ADNOC approved ICV Certifying Body, they provide the expert ICV Certification services to companies in the UAE.
With a team of qualified professionals, Abstract Accounting & Auditing is committed to provide exceptional services that help businesses increase operational efficiency, achieve compliance with regulations, and improve overall financial performance.
Abstract Accounting & Auditing ICV certifying body, authorized by the MoIAT (Ministry of Industry and Advanced Technology) in the UAE, issuing ICV certificates to numerous companies.
They provide services including ICV Certification, auditing, accounting, bookkeeping, taxation services including corporate tax services in UAE, etc to help businesses manage their finances effectively. With in-depth industry expertise and extensive skill set, they help businesses ensure compliance, make informed decisions and stay competitive.
Thus, Abstract Accounting & Auditing has been working with various clients across different sectors as a reliable and trustworthy partner for businesses in the UAE, offering expert guidance and assistance to help them navigate the complexities of financial management processes such as accounting, auditing, taxation, ICV certification and regulatory compliance. They are committed to standards of financial excellence and help clients thrive in the competitive market.
- KPMG Lower Gulf Limited
KPMG Lower Gulf Limited is one of the top global audit, tax and advisory services firms catering to a wide range of international clients (public and private sector) across all major divisions of business and the economy in the UAE, for over 50 years.
KPMG Lower Gulf is part of KPMG International Cooperative’s global network of professional member firms. These firms are operating across143 countries, with more than 270,000 partners and employees. KPMG Lower Gulf was established in 1973 in the UAE, functioning with its global member network to provide bespoke professional services by blending its local knowledge with global expertise.
KPMG is one of the ICV Certifying Body Approved by ADNOC, that aims to boost opportunities and partnerships in the UAE private sector. They continue to empower businesses, public-sector agencies, governments, and non-profit organizations through their audit and assurance practices.
- PriceWaterhouseCoopers
PriceWaterhouseCoopers (PwC) is one of the world’s largest professional services firms functioning across 158 countries with over 360,000 people, providing assurance, tax, and business advisory services.
As one of the top global professional services firms, PwC can offer a broad range of services to businesses and brings a variety of talents and expertise to address & solve challenges of their clients.
PWC has been operating in the Middle East region for 40 years with over 11,000 employees across 12 countries such as Bahrain, Lebanon, Libya, Oman, the Palestinian territories, Egypt, Iraq, Qatar, Jordan, Kuwait, Saudi Arabia and the United Arab Emirates.
PwC has been practicing in the United Arab Emirates for over 25 years and specialises in Audit, Assurance, Advisory and Taxation. PwC is one of the independent ICV certifiers helping suppliers with their ICV certification and score improvement.
- Deloitte & Touche (Middle East)
Deloitte & Touche (M.E.) is a member firm of Deloitte Touche Tohmatsu Limited and is the first Arab professional services firm established in the Middle East region with continuing existence since 1926.
Deloitte & Touche (M.E.) is one of the leading global professional services firms, providing audit, tax, financial advisory, and consulting services through 26 offices in 15 countries.
Deloitte is one of the authorized certifiers for ADNOC’s ‘in-country value’ programme, to ensure that suppliers in the UAE are paying their contribution to the national economy.
Deloitte brings high-level competence and deep expertise to help clients succeed wherever they operate. They have contributed to the development and advancement of the professional services industry globally to foster growth and innovation.
- Bakertilly MKM Chartered Accountants
Baker Tilly JFC is an independent member firm of Baker Tilly International, based in Dubai. Baker Tilly JFC is a professional service firm providing the highest quality of Auditing, Consulting and Business Advisory Services since 1931, by liaison with clients from various sectors.
They provide clients with a reliable coast-to-coast and global advantage in key areas of the U.S. and in many of the leading global financial centers – New York, San Francisco, Los Angeles, Chicago, Boston and London.
Baker Tilly seamlessly offers professional services to global clients through worldwide offices of the member firms. They offer specialized consultancy services to both the public and private sector organizations ranging from small-to-medium companies to large multinational corporations.
Baker Tilly Advisory Group, LP and Baker Tilly US, LLP (Baker Tilly) offer services in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly US, LLP is a licensed independent CPA firm providing attest services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities are not licensed CPA firms.
- Ernst & Young
EY is a leading global firm offering assurance, transaction, tax, and advisory services. Established in 1849 in the United Kingdom, EY is one of the world’s largest professional services firms. Along with KPMG, PwC, and Deloitte, EY is one of the Big Four accounting companies.
EY has a network of member firms that are operated as independent legal entities in a partnership, with over 700 offices in more than 150 countries. In 1989, a merger of the two accounting firms, Ernst & Whinney and Arthur Young & Co, occurred forming a partnership and named Ernst & Young.
Through their strategic partnerships with technology and industry leaders, and businesses with distinctive abilities, they utilize powerful technology, specific skill sets and industry expertise to help their clients address their toughest challenges.
- Crowe
Crowe LLP in UAE is a member firm of Crowe Global and is ranked as the 5th largest accountancy network in the UAE. Crowe LLP is a public accounting and consulting firm providing auditing, tax, and business consultancy services to public and private companies. The firm constantly establishes a commitment to quality and provides unmatched services to its clients. The firm operates in more than 200 independent accounting and advisory services offices in more than 130 countries around the globe.
Crowe Mak, a Crowe Global firm, is one of the Certifying Bodies, authorized by MoIAT, that contribute to the successful implementation of the ICV program.
As a multidisciplinary practice, Crowe offers unprecedented access to international expertise, the highest standards of compliance, ensuring that their clients make informed decisions that lead to lasting value.
Find the Best ICV Certification Provider in UAE
By optimizing their supply chains, increasing local investments, and Emiratisation, businesses can improve their ICV scores, meet eligibility for government/public tenders and prove their contribution to the national economic growth.
In conclusion, businesses in the UAE, specifically those who want to bid in government tenders, and ADNOC projects are required to obtain the ICV certification. The procedure for the ICV certification process is highly complex, so it is crucial to choose the ICV certifying body that caters to your ICV needs.
