National ICV Program
An initiative led by the Ministry of Industry and Advanced Technology (MoIAT).
In-Country Value Program
At Crowe UAE, we are proud to be an approved certifying body for the UAE’s National In-Country Value (ICV) Program, an initiative spearheaded by the Ministry of Industry and Advanced Technology (MoIAT).
This program is designed to foster economic diversification, stimulate local investment, and support sustainable growth within the UAE. The ICV Program is a cornerstone of the UAE's strategic vision to build a resilient, self-sustaining economy driven by local resources, talent, and businesses.
What is the ICV Program?
ICV Certificate template and guidance can be found in the below link: Ministry Of Industry & Advanced Technology
The ICV Program aims to evaluate and enhance a company's contribution to the UAE economy through key factors such as:
Why is the ICV Certificate Important?
The ICV certificate plays a vital role in the National ICV Program, as it measures the contributions of goods, services, investments, and employment provided by businesses operating in the UAE. Issued by MoIAT, the ICV certificate reflects the level of In-Country Value achieved by a company. It demonstrates the company’s commitment to supporting the local economy and gives them an added advantage to participate in tenders and business opportunities with government entities and leading organizations
Our ICV certification services
As a trusted ICV certifying body, Crowe UAE offers comprehensive support throughout the certification process:
How we help your business succeed
Our dedicated team works closely with each client to:
Benefits of Partnering with Crowe UAE
Get Started with Crowe UAE
Stay competitive in the UAE's dynamic business landscape by securing your ICV certification with Crowe UAE. Our expert advisors are here to guide you through every step, ensuring compliance, operational efficiency, and enhanced growth potential.
Contact Us Today at to learn more about how we can support your ICV certification needs and help you unlock new business opportunities in the UAE.
For more information about ICV certification, kindly reach out to us at [email protected]
Frequently Asked Questions (FAQ) about the ICV program
What is the purpose of the ICV Program?
The ICV Program aims to promote economic diversification in the UAE by increasing local content in goods, services, investments, and Emiratization, contributing to sustainable national growth and advancing technology with minimal impact on the environment.
Who needs an ICV certificate?
Companies supplying goods or services to government entities and participating organizations in the UAE require an ICV certificate to remain competitive in procurement processes.
How is the ICV score calculated?
The ICV score is derived from various factors, including local manufacturing expenditure, Emiratization efforts, investments in the UAE, procurement of local products and services, and R&D activities.
What documents are required for ICV certification?
Companies need to provide audited financial statements OR management account in case of a company being incorporated for less than 9 months, relevant supporting documents, and a completed ICV template aligned with MoIAT guidelines.
How long is the ICV certificate valid?
The ICV certificate is valid for 14 months from the date of issuance of the audited financial statements.
Can the ICV score be improved over time?
Yes, businesses can improve their ICV score by increasing local investments, enhancing Emiratization initiatives, sourcing more goods and services domestically, investing in research and development, and adopting advanced technology and environmentally friendly policies.
Why choose Crowe UAE for ICV certification?
Crowe UAE is an approved certifying body with extensive experience in the UAE market. We provide end-to-end support, from documentation preparation to strategic advisory for score improvement.
What are the penalties for non-compliance with ICV requirements?
Non-compliance can result in reduced ICV scores, which may affect your competitiveness in government tenders. Continuous non-compliance may lead to disqualification from certain procurement opportunities.
Is the ICV Program applicable to all industries?
Yes, the ICV Program applies to a wide range of industries, including manufacturing, services, construction, and more. Each industry may have specific guidelines tailored to its operational nature.
