In country Value certification

The In-Country Value (ICV) Certificate is a key initiative by the UAE government aimed at promoting economic growth by localizing supply chains, enhancing foreign investment, and diversifying the economy. This initiative also focuses on increasing exports, creating job opportunities, and supporting private sector contribution to the UAE GDP.

Features of ICV Certification:

• The ICV certificate is issued per license, per emirate by a Certifying Body.
• If a company has a branch in the same emirate with identical ownership and activities, an ICV certificate is not required for the branch.
• For companies preparing consolidated financial statements, it is mandatory to prepare a management-approved allocation of revenue, costs, assets, and liabilities of each entity.

The ICV score is calculated based on several factors, including:

• Goods manufacturing
• Investment growth
• Emiratization and expatriate contributions
• Exports and bonuses
• Employment of Emiratis

Smart Link Consultants offers expert services in obtaining ICV certification, ensuring a smooth and timely process. With our guidance, you can quickly meet all regulatory requirements and boost your ICV score.