sales@icvcertificate.com       +9714250025197142500251+      +971507869887971507869887+      WhatsApp
Trusted Experts in ICV Certification

Obtain Your ICV Certificate in the UAE—Without the Hassle

We help companies of all sizes across the UAE, including Dubai and Abu Dhabi, prepare, apply, and secure their ICV certificate so they can focus on winning contracts and growing their business. Our team supports businesses with ICV documentation, ICV template preparation, coordination with MoIAT-authorized Certifying Bodies, and guidance for ADNOC, government, and participating-entity tender requirements.

Start Your ICV Certification Today

FREE ICV UAE CONSULTATION

    Why Choose Us?

    milestone

    40+

    Years of Experience
    globe

    2.8K+

    ICV Supported
    clients

    30K+

    Clients Served
    awards

    120+

    Awards Received
    awards

    4.9★

    Overall Client Rating

    Eligibility Criteria for ICV Certification in the UAE

    Companies applying for an ICV Certificate must show that they are properly registered, have acceptable financial records, and can support their ICV score with accurate documentation. The review usually covers company registration, audited financial statements, supplier purchases, payroll records, revenue classification, investment details, and other ICV-related information.

    Valid UAE Trade License

    The company should have a valid UAE trade license issued by the relevant licensing authority. For ICV purposes, each legal entity or license is generally treated separately. If a business has multiple licenses or branches, the certificate requirement may depend on the legal entity, Emirate, licensed activity, and ownership structure.

    Stand-Alone Audited Financial Statements

    After the 2025 MoIAT update, financial years ending after 31 December 2024 require stand-alone audited financial statements for the legal entity being certified; bifurcated management accounts from consolidated statements are no longer accepted for ICV certification.

    Active UAE Operations & Supporting Records

    The company should be able to support its UAE economic contribution through records such as supplier purchases, employee details, payroll documents, local expenses, investment records, revenue schedules, and other operational documents used in the ICV template.

    NAFIS Registration

    Private companies are required to complete NAFIS registration as Partners before obtaining the ICV Certificate, regardless of their current Emirati headcount. This requirement should be checked early to avoid delays during the certification process.

    ICV Certificate UAE
    ICV Certificate in UAE

    ICV Certificate in UAE – Everything You Need to Know

    Conducting business in the United Arab Emirates today requires strict adherence to evolving regulations, among which the In-Country Value (ICV) Certificate holds particular significance. Originally introduced by ADNOC in 2018 and later nationalized under MoIAT in 2021, the ICV program evaluates how much a company contributes to the UAE economy.

    Factors such as employment of Emirati nationals, procurement from local suppliers, domestic investments, supplier classification, payroll records, and revenue from UAE and outside UAE customers are key components in determining the overall score.

    At ICV Certificate, we recognize that the ICV UAE certification process can seem complex; hence, we coordinate with MoIAT-authorized certifying bodies and collaborate with approved auditors to provide clear, step-by-step certification guidance. Our support also includes reviewing trial balance mappings, supplier records, payroll details, revenue bifurcation, and ICV template preparation to reduce errors before submission.

    Read more

    What is the ICV Certification Program in the UAE?

    The In-Country Value (ICV) Certification Program measures a company’s contribution to the UAE economy through its spending, workforce, investment, and operational activities. The outcome is reflected in an official ICV Certificate, which assigns the business an ICV score.

    Businesses’ contributions are calculated based on key factors such as:

    • Goods and services purchased from within the UAE
    • Employment of UAE nationals
    • Investments in local infrastructure and assets
    • Payroll and expatriate contribution
    • Revenue from UAE and outside UAE customers
    • Spending on training, technology, and sustainability where applicable

    The higher your ICV score, the stronger your position may be when competing for ADNOC, government, and participating-entity opportunities.

    Why Was the ICV Certification Program Introduced?
    Strengthening the UAE Economy

    Why Was the ICV Certification Program Introduced?

    The ICV program was introduced to increase the value retained within the UAE economy by encouraging companies to source locally, invest locally, and build stronger UAE-based operations. ICV certification in the UAE supports:

    Increase Local Procurement

    By preferring UAE-based suppliers, companies help support domestic industries and strengthen local supply chains.

    Create More Jobs for UAE Nationals

    Emiratization is one of the important factors considered in the ICV score and supports the UAE’s wider workforce development goals.

    Read more

    Documents Required for ICV Certification in UAE

    Preparing the correct documents is one of the most important steps in obtaining an ICV Certificate. Incomplete supplier details, unclear revenue classification, missing payroll records, or unsupported financial information can delay the certification process.

    Our team helps companies organize and review the key documents required for ICV certification.

    Company and Ownership Documents

    Companies may need to provide the latest trade license, VAT certificate, passport and Emirates ID copies of owners, partners, managers, and authorized signatories, along with POA, MOA, AOA, and corporate shareholder documents where applicable.

    Financial and Trial Balance Records

    The ICV calculation is based on financial data. Companies are usually required to provide audited financial statements, trial balance with proper mappings and groupings, previous ICV Certificate if available, and supporting schedules for expenses, revenue, payroll, and investment.

    Read more
    What is the ICV Certification Program in the UAE?
    ICV Score Review

    ICV Score Review and Preparation

    The ICV score is not based on one document only. It depends on how financial, supplier, payroll, revenue, and investment records are classified in the ICV template.

    Our team helps companies review the following key areas before submission.

    Supplier Spend and Vendor Classification

    Supplier expenses must be properly classified by vendor, location, and type of goods or services. UAE mainland vendors, free zone vendors, overseas suppliers, and vendors with valid supplier ICV certificates may be treated differently in the ICV calculation.

    Read more

    Trusted ICV Certificate Consultants in Dubai & UAE

    With 40+ years of experience, our ICV Certificate experts provide fast, reliable, and end-to-end support to help businesses across the UAE obtain their ICV Certificate.

    Book Consultation
    WhatsApp Text Message Only +971 52 6922588 (Available 24 Hours)
    Phone Call Only +971 50 7869887 (Available 24 Hours)

    Our Clients

    Hager-Companies-min
    Investit-Ltd-UK-min
    Moodys-Investors-Services-min
    Gameloft-USA-min
    Banco-Popular-France-min
    Allergan-USA-min
    Allergan-USA-min
    Allergan-USA-min
    Allergan-USA-min

    Customer Testimonials

    Farhat Office & Co made our ICV certification process smooth and efficient. Their approved auditors guided us to secure our certificate quickly.

    farahat & co clients

    Fabrizio Balestrini

    MD | Mistral Consulting DWC LLC.

    The team at Farhat Office & Co provided outstanding support for our ICV certification, helping us optimize our score and submit on time.

    farahat & co clients

    Husam Alsaleh

    Co-Founder | Hamilton International.

    Farhat Office & Co is our trusted partner for ICV certification, ensuring absolute compliance and accuracy in our score calculation.

    farahat & co clients

    GAMELOFT

    We highly recommend Farhat Office & Co for their exceptional, professional, and highly responsive service in auditing our ICV Certificate.

    farahat & co clients

    Sanam Saeed

    Celebrity

    Who Needs an ICV Certificate in the UAE
    ICV Business Eligibility

    Who Needs an ICV Certificate in the UAE?

    Some of the most common questions businesses ask are: Does my company actually need an ICV certificate? The answer depends on your operations and your future business goals. If your company intends to cooperate with ADNOC or government-owned entities, or be part of their value chains, you will need an official ICV certificate in the UAE.

    The certificate is not limited to large corporations. ICV Certificates can be obtained by businesses of all sizes and across industries, provided they possess audited financial statements and meet the program’s requirements.

    Read more

    What Do ICV Certifying Bodies and Approved Auditors Check?

    To issue an ICV Certificate in the UAE, the Certifying Body reviews whether the company’s ICV template is properly supported by financial statements and relevant documents.

    The review may include:

    • Audited financial statements prepared under IFRS
    • Valid trade license and ownership documents
    • Verification of local and overseas purchases
    Read more
    How to Get an ICV Certificate in UAE?
    Steps to ICV Certification

    How to Get an ICV Certificate in UAE?

    To obtain ICV certification in UAE in compliance with the relevant requirements and regulations, it is advisable to seek the expert services of approved auditors and MoIAT-authorized Certifying Bodies in the UAE. Below is a step-by-step overview of how to obtain an ICV Certificate.

    Prepare Your Financial Statements

    The foundation of ICV application is the latest audited financial statements. They must be prepared in compliance with International Financial Reporting Standards (IFRS) and audited by a UAE licensed audit firm.

    Read more

    ADNOC Approved ICV Auditors in UAE
    ADNOC ICV Requirements

    ADNOC ICV Certification Requirements in UAE

    ADNOC originally introduced the In-Country Value program in 2018 to support local procurement, Emirati employment, and value retention within the UAE economy. At that time, suppliers seeking ADNOC-related opportunities were required to obtain ICV certification through ADNOC-approved ICV auditors or certifying bodies.

    After the program was nationalized under MoIAT in 2021, the official certification process became part of the National ICV Program, and ICV Certificates are now issued through the MoIAT ICV Platform by MoIAT-authorized Certifying Bodies.

    This means companies planning to work with ADNOC should ensure that their ICV Certificate is properly prepared, reviewed, and issued in line with current MoIAT requirements.

    By obtaining a valid ICV Certificate, companies can benefit from the following:

    Read more

    ICV Certificate Support for Free Zone, Export, and Sustainability Requirements

    Some companies require additional ICV review because of their business model, free zone status, export revenue, or sustainability documentation.

    Free Zone Companies

    Free zone companies can apply for ICV certification, but their treatment may depend on whether they are goods manufacturers or service providers. Goods manufacturers in UAE free zones may be treated as within UAE for ICV purposes, while free zone service providers may be treated differently depending on the applicable ICV calculation. Free zone companies that are not registered under WPS may also need official employee lists from the relevant free zone authority to support payroll and employee-related calculations.

    Read more
    Talk to an ICV Specialist
    How to Get an ICV Certificate in UAE?
    Trusted ICV Experts

    Best ICV Consultants in the UAE

    Selecting the right partner for your ICV certification in the UAE can significantly influence how efficiently your company achieves ADNOC’s In-Country Value (ICV) compliance. At ICVcertificate.com, we combine extensive experience, precision, and a customer-centric approach to ensure you obtain your certification swiftly.

    Our support includes audited financial statement review, trial balance mapping, supplier classification, payroll documentation, NAFIS checks, revenue bifurcation, sustainability documents, and coordination with MoIAT-authorized Certifying Bodies.

    With decades of proven success across multiple industries, we have earned the trust of UAE businesses that prioritize transparency, efficiency, and quality.

    Partner with us for reliable assistance, smooth coordination with certifying bodies, and a steadfast commitment to keeping your company compliant, competitive, and positioned for sustainable growth.

    Book a Consultation

    Frequently Asked Questions

    What is an ICV Certificate in the UAE?

    An ICV Certificate is an official document showing the amount of value your company is adding to the UAE economy. It is part of the National In-Country Value Program and measures contributions like local procurement, Emirati employment, UAE investments, payroll, revenue, and other eligible score components.

    Why is an ICV Certificate significant for my business?

    Without a valid ICV Certificate, companies may lose competitiveness in ADNOC, government, and participating-entity tenders. When you get certified, you can become more competitive because your ICV score shows your company’s measurable contribution to the UAE economy.

    Who needs to apply for an ICV Certificate in the UAE?

    The certification may be required by manufacturers, traders, service companies, contractors, subcontractors, free zone companies, and SMEs if they want to do business with ADNOC, government entities, or their supply chains.

    How much time does it take to obtain ICV certification?

    It usually takes around 2–3 weeks to receive your certificate, depending on how quickly you submit the supporting documents and how prepared your audited financial statements, trial balance, supplier records, payroll files, and revenue details are.

    What documents are required to apply for an ICV Certificate?

    Common documents include audited financial statements, valid UAE trade license, VAT certificate, trial balance, supplier purchase information, supplier ICV certificates, payroll and WPS records, MOL list, NAFIS registration, revenue ledger, export support documents, and sustainability or ITTI documents where applicable.

    Are stand-alone audited financial statements required for ICV certification?

    Yes. After the 2025 MoIAT guideline update, ICV Certificates for financial years ending after 31 December 2024 require stand-alone audited financial statements for the specific legal entity being certified. Bifurcated management accounts based on consolidated financial statements are no longer accepted for such cases.

    Does each legal entity need a separate ICV Certificate?

    Generally, the ICV Certificate is obtained for each legal entity or license that intends to be certified. Branch treatment may depend on the Emirate, ownership, and licensed activities. Companies with multiple licenses, branches, or group structures should review this before applying.

    Is NAFIS registration required for ICV certification?

    Yes. Private companies are required to register in the NAFIS Program as Partners before obtaining an ICV Certificate. This should be checked early to avoid delays during the certification process.

    Can foreign-owned companies apply for an ICV Certificate?

    Yes. As long as they are UAE-licensed and can provide the required financial and supporting documents, foreign-owned companies can apply for an ICV Certificate. This allows international companies with a UAE presence to compete for relevant tender opportunities.

    How long is an ICV Certificate valid for?

    An ICV Certificate is valid for 14 months from the issue date of the audited financial statements used for certification. Companies should renew the certificate before expiry to remain eligible and competitive for relevant tenders.

    What if my company has a poor ICV score?

    You may still bid on tenders, but better-scoring companies are more likely to have an advantage. You can improve your score over time by increasing local purchases, hiring and developing Emiratis, improving supplier documentation, strengthening UAE operations, or increasing UAE-based investments.

    Who issues ICV Certificates in the UAE?

    ICV Certificates are issued through the official MoIAT ICV Platform by MoIAT-authorized Certifying Bodies. These bodies review your ICV template, verify supporting documents, and issue certificates according to MoIAT requirements.

    Are ADNOC approved ICV auditors still relevant?

    Many businesses still search for ADNOC approved ICV auditors because ADNOC introduced the ICV program in 2018 and continues to consider ICV performance in supplier and tender evaluation. However, after the National ICV Program came under MoIAT, certificates are now issued through MoIAT-authorized Certifying Bodies.

    What is the difference between the ICV Template and the ICV Certificate?

    The ICV Template is the working file used to calculate and support the ICV score. It is not the official certificate. The official ICV Certificate is the system-generated certificate issued through the ICV Platform after review and approval by the MoIAT-authorized Certifying Body.

    Do supplier ICV certificates affect my ICV score?

    Yes. Supplier ICV certificates can affect how supplier spend is reflected in the ICV calculation. Companies should collect supplier ICV certificates where available and ensure purchase records clearly show vendor name, location, goods or services description, and cost details.

    Can free zone companies apply for an ICV Certificate?

    Yes. Free zone companies can apply for ICV certification. However, free zone treatment may differ depending on whether the company is a goods manufacturer or service provider. Free zone companies may also need specific employee records if they are not registered under WPS.

    What export documents are needed for ICV certification?

    Companies reporting export revenue may need revenue ledgers, export invoices, Chamber of Commerce certificates, customs documents, and bank or SWIFT payment proof. These documents help support the classification of revenue from outside UAE customers.

    Can small and medium enterprises benefit from ICV certification?

    Yes. ICV is not limited to large organizations. SMEs can benefit from certification because it can improve credibility, enhance supplier profile strength, and support access to larger procurement opportunities.

    Is an ICV Certificate required in Dubai?

    Yes. ICV certification applies across the UAE, including Dubai. Any business in Dubai that wants to work with ADNOC, government entities, participating entities, or their supply chains may need a valid ICV Certificate depending on the tender or supplier registration requirement.

    Latest Blog Posts

    Visit Our Firm in Dubai