ICV Registration

Dubai Business Setup

ICV Registration

ICV or In-Country Valuation program will help a company or organization to identify their contribution to the UAE’s national economy. This program was introduced by ADNOC which aims to improve the economic outlook of UAE by supporting its local economy. This program also seeks to improve the government procurement procedures to achieve development goals, economic visions, strategies and plans of the local businesses.

In Country Valuation- A Retrospect

 

During the years of 2019 and 2020 UAE’s government and semi-government companies being the participating entities including Abu Dhabi National Oil Company (ADNOC), Department of Economic Development, Abu Dhabi (DED), Aldar Properties PJSC (Aldar), and Abu Dhabi Ports Company PJSC (ADPC) shake hands to widen the ICV certification process for suppliers across different sectors in the UAE which lead to modification in the ICV program. This was renamed as Unified In-Country Value Program, where the ICV score will be used based on their tender processing guidelines.

Who requires ICV Certificate in UAE?

All the business entities involved in supplying directly or indirectly as sub-suppliers to ADNOC and the following participating entities are required to attain and submit the ICV Certificate.

  • ADNOC

  • Abu Dhabi Department of Economic Development

  • Mubadala

  • Aldar Properties

  • ENEC

  • Abu Dhabi Ports

During the supplier registration phase with the Department of Government Support Abu Dhabi you will be asked to show the ICV certificate and ICV score in Dubai, of your company to complete the registration process.