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  • Mubarak Salem Owaida Jaber Al Khaile Building PO Box 31455 Abu Dhabi | UAE
  • +971 24477741
  • info@venureuae.com
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WHAT IS ICV AND WHY IS IT IMPORTANT FOR YOUR BUSINESS?

HomeWHAT IS ICV AND WHY IS IT IMPORTANT FOR YOUR BUSINESS?
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  • 9/19/2023

WHAT IS ICV AND WHY IS IT IMPORTANT FOR YOUR BUSINESS?


The In-Country Value (ICV) certification program that aims to boost economic performance and support local industries by redirecting higher portions of public spending into the national economy.

The ICV certificate shall be valid for a period of 14 months from the date of issuance of audited financial statements. ICV Scores are calculated using pre-defined methodology by assessing the economic value added within the country for the goods or services provided by the entity.


WHY IS ICV PRE-AUDIT NECESSARY AND HOW VENTURE PLUS CONSULTANCY SERVICES ASSIST YOU?

ICV pre-audit helps you analyze where your company stands to obtain the certification.

  • We have an expert team who helps you obtain required data
  • We help you do your financial audits in case its required
  • Our finance consultant will help you improve your score
  • We assist you on localization, Emiratization and its documentation
  • We provide consultation for the ICV improvement plans
  • We also provide a combined package such as: documentation, inhouse bookkeeping, financial audit and finalization of ICV certification by approved auditors.

For more information please call +971 24477741 or email info@ventureuae.com

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