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Professional ICV Audit Services in Dubai, UAE

An ICV Audit is essential for verifying a company’s compliance with the ADNOC ICV Certification program.

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Reliable ICV Audit Services

Get Your ICV Score Right the First Time.

Numerous businesses have relied on us to conduct independent ICV audits, verify calculations, and issue ICV certificates

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Need an ICV Audit in Dubai?

We help you prepare, review, and audit your ICV submission to ensure it is accurate and compliant.

Why Choose Our ICV Audit Services in Dubai?

Know why UAE businesses trust us with their ICV certification.

Understanding Our ICV Audit Services in Dubai

Understanding the ICV Program

The ICV Program mandates that companies achieve a minimum threshold of in-country value (ICV) for their goods and services. This value represents the total expenditure retained within the UAE, thereby benefiting the local economy. Key components of ICV include local spending on goods and services, employment of UAE nationals, and the transfer of knowledge and technology to the UAE. An ICV Audit is crucial for companies to demonstrate their adherence to these requirements.

An ICV Audit is a rigorous process required for companies operating in the UAE to validate their compliance with the ICV Program. Certified ICV auditors meticulously review a company’s financial statements, procurement records, employee records, and other pertinent documents to determine the company’s ICV score. This score reflects the percentage of a company’s total expenditure that has been retained within the UAE.

For companies working with ADNOC and its subsidiaries, as well as other UAE government entities adopting the ICV Program, an ICV Audit is mandatory. Maintaining a high ICV score is vital, as it can significantly impact a company’s ability to secure and renew contracts with these entities. An ICV Audit helps companies identify system gaps, rectify errors, and optimize their ICV score.

Benefits of ICV Audit

Compliance Verification

Ensures that your company meets the ICV Program requirements.

A high ICV score enhances your ability to win and renew contracts with ADNOC and other government entities.

Demonstrates your company’s commitment to contributing to the UAE’s economy by retaining more value within the country.

Identifies and addresses gaps within your company’s operations to improve overall performance and compliance.

Objectives of the ICV Audit in the UAE

Emiratization

Creating more employment opportunities for Emiratis in the private sector.

Increasing the sourcing of goods and services within the country to support economic diversification.

Localizing critical parts of the value chain for specific business categories to strengthen strategic sectors.

What Our Clients Say

Testimonials

Highly dedicated staff, consistently delivering quality work.

Naho Yamaoka

Office Manager, NTT

Vista International -Client of Dubai Accounting & Tax Service Provider

Quick responses and timely follow ups.

Tamraz Mammadov

Manager, Vista International

TransMak-Client of Dubai Accounting & Tax Service Provider

Outstanding professionalism and knowledge of the subject.

Amit Falnikar

Finance Manager, TransMak

NTT-Client of Dubai Accounting & Tax Service Provider

Highly recommended! The staff is incredibly talented!

Ismail Akil Abbasi

Chaiman, Abbasi Group

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Frequently Asked Questions

An ICV audit is an independent verification of a company’s In-Country Value (ICV) score, based on approved financial statements and supporting documents. It is required for companies participating in UAE government and semi-government tenders to demonstrate their contribution to the local economy.

ICV audits are required for suppliers and contractors working with government entities and major semi-government organisations such as ADNOC and other MoIAT-aligned authorities. Any company bidding for tenders where ICV is part of the evaluation criteria must obtain a valid ICV certificate.

Only approved and licensed audit firms in the UAE are authorised to conduct ICV audits and issue ICV certificates in accordance with MoIAT and relevant authority guidelines. The audit must be independent and based on verified financial information.

An ICV certificate is generally valid for 14 months from the date of issuance, subject to the applicable authority’s rules. Companies must renew the certificate after expiry to remain eligible for ICV-based tender evaluations.

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