ICV certificate support for UAE suppliers
ICV Certification in Abu Dhabi and UAE
Audited financials, ICV calculation and certificate support under one roof.
- Audit done in-house
- New and renewal certificates
- Free ICV score check
Saturday to Thursday, 9 AM to 6 PM.
Get a free ICV score check
Leave your details and an advisor will call you back.
What ICV is
ICV shows how much of your business stays in the UAE.
In-Country Value (ICV) is a score that measures how much a supplier contributes to the UAE economy, through local spending, investment in UAE assets and the employment of UAE nationals. It is calculated from your audited financial statements and recorded on an ICV certificate.
ADNOC and its group companies, and many government and semi-government entities, look at the ICV certificate when they register suppliers and evaluate tenders. Your score can affect which bids win contracts.
- Often needed to bidMany ADNOC and government tenders ask for a valid ICV certificate.
- The score affects awardsIn many evaluations the ICV score is weighed alongside commercial and technical criteria.
- Built on audited accountsThe calculation starts from your audited financial statements.
Not sure where your score stands? Start with a free ICV score check.
Get my free score check WhatsApp usSample certificate
What your ICV certificate looks like.
This is the document buyers ask for. Here is what each part means for your company.
-
Certificate number and validity
Each certificate has its own number, an issue date and a valid-until date. Check that it is still valid on the day you submit a tender.
-
Your ICV score
The percentage in the box is your ICV score, the figure buyers compare when they evaluate bids.
-
Company information
Your licence number, company type and financial year end. The score is calculated from the audited financial statements for that year.
-
QR code
Buyers scan it to check the status of the certificate.
-
Signed and verified
Signed on behalf of your company and verified by the certification body under the ICV Agreed Upon Procedures (AUP), with the ICV version used shown at the bottom.
Want to know what score your certificate could show? Start with a free ICV score check.
Get my free ICV score check WhatsApp usWhat we do
ICV certificate support, from the audit to the certificate.
We prepare the audited financials and the ICV submission, and coordinate with an accredited certifying body, which issues the certificate.
-
New ICV certificate
Your company's first certificate. We prepare the audited financial statements and the ICV calculation and submission, then coordinate with an accredited certifying body through its review.
For first-time applicants -
ICV certificate renewal
A certificate is valid for a limited period. We plan the renewal around your financial year end, so the new audited financials and submission are started in good time before the current certificate expires.
Plan ahead of expiry -
ICV score improvement advisory
We review how your current score is made up and show where real changes, such as local sourcing, UAE investment and hiring UAE nationals, could lift it at your next certification.
For tenders where the score matters -
Audited financial statements for ICV
The ICV calculation is based on audited financial statements. Our audit team prepares them in-house, with the ICV data in mind from the start.
Prepared in-house
Who needs it
If you sell to ADNOC or government, ICV matters to you.
-
Suppliers to ADNOC and its group companies
ADNOC and its group companies use ICV when they evaluate suppliers, so a valid certificate is usually expected with tender submissions.
-
Government and semi-government suppliers
Many federal and local government entities and government-linked companies take part in the National ICV Programme and look at ICV when they buy.
-
Contractors bidding on tenders
Contractors, subcontractors and service providers bidding on tenders that ask for an ICV certificate, or that score bids on ICV.
Bidding on a tender that asks for ICV? Talk to us well before the deadline.
Start on WhatsApp Call +971 52 202 3984How it works
From free score check to certificate received.
Five steps, in order. One advisor follows your file throughout, and you always know which step you are on.
-
Free ICV score check
We look at your business, your latest financials and the tenders you are targeting, and give you an indicative view of where your score stands.
-
Documents and data
You share your trade licence, financial statements, payroll and supplier spend details. We send you one clear list of what is needed.
-
Audited financial statements
Our audit team audits your financial statements in-house, or we work from your existing audited accounts where they are suitable.
-
ICV calculation and submission
We prepare the ICV calculation and the submission file, and coordinate with an accredited certifying body through its review.
-
Certificate received
The certifying body issues your ICV certificate. We walk you through the score and what could improve it next time.
Step one is free. Tell us about your company and we will map out the rest.
Get my free ICV score check WhatsApp usWhat we need from you
The information we usually ask for.
A general list to get started. The exact documents depend on your company and the programme rules at the time, and we confirm them after the free score check.
- Trade licenceThe current trade licence for the company being certified.
- Financial statementsYour latest financial statements, audited if you already have them, with the trial balance.
- Payroll and Emirati headcountPayroll records and headcount, including the UAE nationals you employ.
- Supplier spendA breakdown of what you buy and the suppliers you buy it from.
- AssetsYour fixed asset register, showing the assets you hold in the UAE.
- Your current certificate, if renewingThe existing ICV certificate and last submission, so we can compare.
Do not have everything to hand? Start anyway. We work through the list with you.
Why Quick Ashford
Your ICV certificate depends on the audit. We do the audit ourselves.
The ICV certificate is built on audited financial statements. When the audit and the ICV work sit with different firms, files and questions go back and forth between them. At Quick Ashford our own audit team prepares the audited financials and our advisors prepare the ICV submission, so the work stays in one place.
-
Audit done in-house
No second audit firm to brief. The audited figures and the ICV calculation come from the same team.
-
No back and forth between firms
One document request, one set of questions and one timetable for the audit and the ICV submission.
-
One point of contact
One advisor follows your file from the free score check to the certificate. You never explain your company twice.
-
Straight advice on your score
We tell you where your score realistically stands and what could move it, before you commit to anything.
Questions
ICV certificate in the UAE: common questions.
How long does it take to get an ICV certificate?
It depends mainly on whether your audited financial statements are ready, how quickly the supporting data comes together, and the certifying body's review. If your audited accounts are already done, there is less to do. We give you a realistic estimate for your company after the free ICV score check, and we do not promise dates that depend on others.
How is the ICV score calculated?
The score is calculated from your audited financial statements using the methodology of the UAE National In-Country Value Programme. In broad terms it looks at how much of your spending and activity stays in the UAE, such as purchases from UAE-based suppliers, goods made in the UAE, investment in UAE assets, and the employment of UAE nationals. The exact components and weightings follow the programme rules in force at the time of certification.
How long is an ICV certificate valid?
An ICV certificate is valid for a limited period set by the programme rules, and it is tied to the audited financial statements it is based on. Because the rules can change, we check the validity that applies to your certificate and plan the renewal so the work starts well before it expires.
Can I improve my ICV score?
Often, yes, over time. The score reflects how your business actually operates, so improvements come from real changes such as buying more from UAE-based suppliers, investing in UAE assets, and hiring and developing UAE nationals. We review how your current score is made up and show you where realistic gains are. We cannot promise a particular score.
Do I need audited financial statements for an ICV certificate?
Yes. The ICV calculation is based on audited financial statements, so they are the starting point for every certificate. If your accounts are not audited yet, our audit team can audit them and then prepare the ICV submission from the same figures.
Who issues the ICV certificate?
The UAE National In-Country Value Programme is run by the Ministry of Industry and Advanced Technology (MoIAT), and ICV certificates are issued by certifying bodies that MoIAT has approved. Quick Ashford is a private audit and advisory firm: we prepare your audited financial statements and ICV submission and coordinate with the certifying body. We are not a certifying body and we do not issue certificates.
Is the ICV certificate only needed for ADNOC?
No. ICV started with ADNOC and is now part of the UAE National In-Country Value Programme. ADNOC and its group companies use it, and so do a number of federal and local government entities and government-linked companies in their procurement. Check the tender or supplier registration you are working on, or ask us and we will help you confirm what it asks for.
Free, no obligation
Get a free ICV score check
Send the form, message us on WhatsApp or call. An advisor will look at where your score stands and explain the next steps.
+971 52 202 3984Saturday to Thursday, 9 AM to 6 PM
Get a free ICV score check
Leave your details and an advisor will call you back.