Skip to content 
Start by Paying Only
Professional ICV Audit Support Services in Dubai, UAE
An ICV Audit is essential for verifying a company’s compliance with the ADNOC ICV Certification program.
Book a Free Consultation
Reliable ICV Audit Services
Prepare Your ICV Submission with Confidence.
Numerous businesses have relied on our partners to conduct independent ICV audits, verify calculations, and issue ICV certificates
3000+
Successfully Completed Assignments
25+
Years of accounting experience in Dubai
5-Star
Rating on Google
100%
Compliance Support with UAE Regulations
Audit Services You Can Rely On
Need an ICV Audit in Dubai?
We help you prepare, review, and audit your ICV submission through our partner firms to ensure it is accurate and compliant.
Why Choose Our ICV Audit Support Services in Dubai?
Know why UAE businesses trust our partners with their ICV certification.
- Objective, Independent Verification
- Accurate ICV Score Validation
- Compliance with Guidelines
- Senior-Level Oversight & Review
Understanding ICV Audit Services in Dubai
Understanding the ICV Program
The National ICV Program is a UAE government procurement program designed to increase the value retained in the UAE economy. A supplier’s ICV score is calculated using the approved ICV formula, which considers factors such as local procurement or manufacturing, investment and Emiratization. There is no general minimum ICV score that every UAE company must achieve; the relevance of the score depends on the participating entity and the applicable tender or procurement process.
What is an ICV Audit in the UAE?
ICV certification involves a technical review of a supplier’s ICV application by an authorised MoIAT ICV Certifying Body. The review uses audited financial statements and supporting records to verify the information reported in the ICV template and determine the certified ICV score under the approved formula. Beaufort can support the preparation and review of the submission before coordinating the certification process with an authorised Certifying Body.
When Is ICV Certification Relevant?
ICV certification can be important where a participating entity or tender uses ICV as part of its procurement evaluation. For federal government tenders, MoIAT states that certification is optional, but a supplier that does not provide an ICV certificate receives an ICV score of zero. ADNOC also uses ICV within its procurement-led program. Businesses should therefore check the requirements of the relevant tender or participating entity.
Benefits of ICV Audit
Compliance Verification
Supports alignment with applicable ICV certification requirements.
Competitive Advantage
A high ICV score enhances your ability to win and renew contracts with ADNOC and other government entities.
Economic Contribution
Demonstrates your company’s commitment to contributing to the UAE’s economy by retaining more value within the country.
System Improvement
Helps identify documentation and data gaps relevant to the ICV submission.
Objectives of the ICV Audit in the UAE
6 Key Objectives for ICV audit/certification review
- Verifying the accuracy of the ICV calculation
- Verifying the financial information and supporting documentation
- Ensuring compliance with the applicable ICV methodology and guidelines
- Validating the relevant ICV components
- Identifying discrepancies, errors, or unsupported information
- Supporting the technical review and issuance of the ICV Certificate
What Our Clients Say
Testimonials
Highly dedicated staff, consistently delivering quality work.
Naho Yamaoka
Office Manager, NTT
Quick responses and timely follow ups.
Tamraz Mammadov
Manager, Vista International
Outstanding professionalism and knowledge of the subject.
Amit Falnikar
Finance Manager, TransMak
Highly recommended! The staff is incredibly talented!
Ismail Akil Abbasi
Chaiman, Abbasi Group
Our Audit Services
Sales Audit Services
Enquire NowLiquidation Audit
Enquire NowExternal Audit Services
Enquire NowInternal Audit Services
Enquire NowRequest a Quote
Ready to Work Together? Let’s Get Started!
Need Answers?
Frequently Asked Questions
ICV certification is the independent technical review of a supplier’s ICV submission by an authorised MoIAT ICV Certifying Body. The review uses audited financial statements and supporting documents to verify the information reported and determine the certified ICV score. Whether certification is required depends on the relevant participating entity or tender; for federal government tenders, MoIAT states that certification is optional, but a supplier without a certificate receives an ICV score of zero.
Suppliers may need an ICV certificate where a participating entity or specific tender requires it, or may benefit from certification where ICV is used as an evaluation factor. For federal government tenders, MoIAT states that ICV certification is optional, but a supplier that does not provide a certificate receives an ICV score of zero. Companies should check the requirements of the relevant tender or participating entity.
National ICV certificates are issued by ICV Certifying Bodies authorised by the Ministry of Industry and Advanced Technology (MoIAT). The certification review is based on the supplier’s ICV template, audited financial statements and supporting information. The financial statements are generally required to be audited by an independent UAE licensed auditor in accordance with the applicable ICV guidelines, subject to the rules for newly established suppliers.
An ICV certificate is valid for 14 months from the date of issuance of the audited financial statements used for the certification. A supplier may obtain recertification during that period using the same audited financial statements, but the original 14-month validity period does not restart. Businesses that need a valid certificate for future tenders or participating entities should arrange recertification before the relevant certificate is no longer valid.
Disclaimer: This page sets out our understanding of ICV audits based on the legislation and guidance in force at the date of last review. The position may change, and the application to a particular set of facts may require further analysis. Nothing on this page constitutes professional, legal or tax advice. Beaufort Associates accepts no liability for action taken or not taken in reliance on this page. Please contact us for advice tailored to your circumstances.
Sources
Primary sources referenced on this page:
- Ministry of Industry and Advanced Technology (MoIAT) - ICV Supplier Certification Guidelines, September 2025.
- Ministry of Industry and Advanced Technology (MoIAT) - National In-Country Value Data / ICV Certifying Bodies.
- Ministry of Industry and Advanced Technology (MoIAT) - In-Country Value (ICV) Program FAQs.
- Ministry of Industry and Advanced Technology (MoIAT) - ICV Formula.
- Ministry of Industry and Advanced Technology and Ministry of Finance - Implementation of the National ICV Program in federal government procurement.
- ADNOC - In-Country Value Creation / Supplier Hub materials.
We have referenced the legislation in force as at the last review date. The UAE audit framework is evolving; later changes may affect the position. Speak with us for advice on your specific circumstances.
Reviewed by: Oliviya Hilary, Associate at Beaufort Associates supporting accounting, financial reporting and UAE VAT and Corporate Tax compliance, with four years' audit experience at KPMG India.
Last reviewed: 18 Sep 2026 · Next scheduled review: 18 March 2027
This page provides general information on ICV Audit. It does not constitute professional advice. Please contact us for advice tailored to your circumstances. See our full Terms of Use.
