ICV Certification
At Nexa Aura Financials, we provide comprehensive assistance in obtaining the In- Country Value (ICV) Certification, a key certification for businesses looking to participate in government tenders and contracts in the UAE. The ICV Certification reflects your
business’s contribution to the local economy, focusing on local procurement, job creation for UAE nationals, and investments within the country.
ICV Assessment and Report Preparation
We assess your company’s operations and financials, preparing a detailed ICV report for submission.
Document Collection and Submission Assistance
We help gather and submit the required documents, ensuring a smooth and efficient certification process.
ICV Score Maximization
Our experts provide strategies to enhance your ICV score, helping you improve local procurement practices and employment of UAE nationals.
Annual ICV Renewal
We offer support to ensure your ICV certification is renewed every year to maintain your eligibility for government tenders.
Why is ICV Certification Important?
- Eligibility for Government Tenders
Many government contracts in the UAE require companies to present an ICV certificate. A strong ICV score increases your chances of winning such tenders, especially in key sectors like construction, energy, and infrastructure. - Showcase Your Contribution to the Local Economy
The certification proves your commitment to supporting the UAE’s economic growth by sourcing goods and services locally and employing UAE nationals. - Competitive Advantage
A higher ICV score strengthens your position in the market, particularly when competing for government projects, as it demonstrates your company’s alignment with national economic goals. - Build Trust and Credibility
Having the ICV Certification boosts your company’s reputation, positioning you as a responsible, local-focused business in the UAE.
What is ICV Certification?
The ICV Certification program was introduced by the UAE government to encourage businesses to contribute to the local economy. This certification assesses how much value a company generates within the UAE, through factors such as local procurement, employment of UAE nationals, and investment in local industries. A higher ICV score enhances your company’s chances of securing government contracts, as it is a critical evaluation criterion for many government tenders.
Who Needs ICV Certification?
ICV certification is required for businesses that want to participate in government tenders, particularly those in industries such as:
- Construction and Engineering
- Energy and Utilities
- Infrastructure Development
- Government-funded Projects
It is essential for companies involved in any project where the UAE government’s budget or funding is involved, as well as businesses aiming to build credibility and expand their market presence.
Documents Required for ICV Certification
To obtain the ICV Certification, businesses must submit specific documents to demonstrate their local contribution. These include:
- Audited Financial Statements
To verify the company’s financial standing and business operations. - Local Procurement Evidence
Invoices, purchase orders, and contracts from UAE-based suppliers. - Employee Information
Records detailing the employment of UAE nationals and wages paid to them. - Investment Documentation
Proof of investments made within the UAE, such as capital expenditures or business expansion activities. - Supplier and Vendor Contracts
Contracts with local vendors and suppliers that reflect your company’s commitment to sourcing locally. - Payroll Records
To support your claims about local employment, especially for UAE nationals. - Tax Compliance Documents
Proof of tax filings and adherence to local tax regulations.
Contact Us
Partner with Nexa Aura Financials to receive professional guidance through the ICV Certification process. We ensure your business is fully prepared to obtain the certification, helping you maximize opportunities in the UAE market and government tenders.
Contact Us