Step-by-Step Guide to ICV Certificate Registration in the UAE
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Understand the ICV Program:
Begin by familiarizing yourself with the In-Country Value Certificate program's objectives, which are aimed at boosting the UAE’s economy through local value creation. -
Prepare Required Documents:
Gather essential documents, including audited financial statements, trade licenses, and any relevant business data necessary for the ICV certificate registration process. -
Select an ICV Certification Body:
Choose from the list of approved ICV certification bodies in the UAE. These are independent ICV auditors in the UAE authorized to evaluate and issue your ICV certificate. -
Undergo the ICV Certification Process:
Submit your financial statements and other required documents to the chosen certification body for assessment. The evaluation will result in an ICV score, reflecting your company's contribution to the UAE’s economy. -
Receive Your ICV Certificate:
After the evaluation, your ICV certificate will be issued. This certificate is valid for 14 months and is crucial for businesses participating in tenders with government and semi-government entities in the UAE, including Abu Dhabi and Dubai. -
Utilize Your ICV Certificate:
Use the ICV certificate to enhance your business’s eligibility for government contracts. The certificate’s score plays a significant role in the tendering process. -
ICV Certificate Verification and Renewal:
Ensure continuous compliance by scheduling annual renewals through ICV certification companies in the UAE. Regular ICV audits and verifications by ICV auditors in the UAE are necessary to maintain the validity and effectiveness of your In-Country Value (ICV) Certificate.
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