ICV Certificate in Abu Dhabi, UAE
Hedge Accounting Solution is delighted and committed to be working together with the ICV Committee set up by PEs to implement the ICV program and serving the suppliers for their ICV Certification requests
In Country Value (ICV) Certificate in Abu Dhabi ,UAE
Hedge Accounting Solution have a team of experienced professionals that can help you to get an ICV certificate from one of the ICV certifying body helping you In Country Value Certificate (ICV) services.
During 2017, Abu Dhabi National Oil Company (“ADNOC”) launched an In-Country Value (ICV) program to provide boost to the country’s economy by supporting local businesses. The program aims to promote economic diversification and employment opportunities for UAE nationals. Subsequently, during 2019 and 2020, various Government and semi Government companies being the participating entities (individually the “PE” and together the “PEs”) namely, Abu Dhabi National Oil Company (“ADNOC”), Department of Economic Development, Abu Dhabi (“DED”), Aldar Properties PJSC (“Aldar”) and Abu Dhabi Ports Company PJSC (“ADPC”) joined hands to broaden the ICV certification process for suppliers across various sectors in Abu Dhabi and the UAE and therefore the ICV program has been renamed as Unified In-Country Value (“ICV”) program, where the ICV score will be used by all PEs based on their own tender processing guidelines.
For assessment, consultation, and Implementation of ICV Certificate in Abudhabi UAE, you can reach us any time. info@hedgeasglobal.com or call us at +971 52 443 3904 or +971 50 225 3373
Objectives Of ICV
- Emiratization: creating additional employment opportunities for Emiratis in the private sector;
- GDP Diversification: supporting UAE GDP diversification through sourcing more Goods and Services within the UAE; and
- Strategic Considerations: localizing strategically critical parts of the value chain for selected categories.
Steps to take care for ICV Certification
- Emiratisation
- Goods Made
- Third-party spend
- Revenue
- Exports
- Investment
- Expatriate contribution
How Hedge Can Help You ?
Hedge Accounting Solution can support you in the following areas for ICV Certification in Abu Dhabi, UAE.
Leading ICV Certificate consultant in Abudhabi, Dubai, UAE offers professional services for our valued clients.
- We helps our clients to understand more about ADNOC, Aldar, Abu Dhabi ports, Economic Department ICV certification and the factors affecting ICV scores.
- We helps to improve ICV Score by recommended restructuring in organizational processes.
- We helps for drafting ICV , based upon the records of the financial year under certification that can be presented to ICV auditor.
- We helps in drafting the ICV improvement plans.
- We helps in arranging ICV certifications to our valued clients.
