Expert ICV Consultants
ICV Consultant Dubai services are essential for businesses operating in the UAE to maximize their In-Country Value (ICV) score. As a leading ICV Consultant in Dubai, RBS Auditors provides expert ICV certification, audit preparation, and compliance services across Dubai, Abu Dhabi, and the entire UAE region.
The In-Country Value (ICV) of an entity (referred to as the ‘Supplier’) is measured based on the annual value of procurement made by the supplier from other entities (‘Vendors’) based in the UAE. It also takes into account the total value of fixed assets in the UAE, corresponding depreciation and the annual manpower costs expended on Emiratis and Expats. Additionally, a supplier may also be eligible for a bonus score based on the revenue generated from outside UAE, Emirati headcount and annual growth in investments.
Our ICV Consultant Dubai team helps businesses understand and optimize their ICV score through comprehensive ICV audit services and strategic consultation. We assist companies in preparing for ICV certification, ensuring compliance with ADNOC, MUBADALA, and other government entity requirements.
Why Choose RBS Auditors as Your ICV Consultant Dubai Partner?
RBS Auditors brings extensive experience as an ICV Consultant in Dubai, helping numerous businesses achieve their ICV certification goals. Our comprehensive ICV consulting services include ICV score calculation, ICV audit preparation, documentation support, and strategic planning to maximize your In-Country Value contribution.
As a trusted ICV Consultant Dubai firm, we understand the unique requirements of ADNOC ICV, MUBADALA, and other government entities. Our team of qualified professionals ensures accurate ICV reporting and helps businesses identify opportunities to improve their ICV scores through strategic procurement decisions, Emiratization initiatives, and local investment planning.
Contact our ICV Consultant Dubai team today for a free consultation and discover how we can help your business achieve higher ICV scores and secure valuable government contracts in the UAE. Our expertise spans all major emirates and industry sectors throughout the UAE.
WHAT IS THE VALIDITY AND PREREQUISITE OF ICV AUDIT?
- An ICV certificate is valid for a period of 14 months from the date of issue of the audited financial statements.
- For getting ICV certificate the financial statements of the entity must be audited, in accordance with IFRS, by an auditor licensed by the Ministry of Economy.
AREAS CONSIDERED FOR UNIFIED ICV CALCULATIONS
(a) Goods Manufactured (only for Suppliers holding Industrial License)
(b) Third-Party Spend (only for Suppliers holding non-Industrial License)
(c) Investment
(d) Emiratization
(e) Expatriate Contribution
(f) Bonus – i) Revenue from outside UAE. ii) Emirati Headcount
As Trusted ICV Consultants RBS Auditors will help you
Explore Our Services
- The client’s financial statement will be audited and signed.
- Our Team will help you understand about the ICV and the determining factors that affect the ICV score.
- We will suggest on how to improve ICV score and include the incremental effect of each step in our impact analysis report. This includes mainly, among other steps, the recommendation of restructuring in organizational processes to increase ICV score.
- Draft the ICV template, based upon the records of financial year under certification that can be presented to ICV certifying body to ensure the achievement of ICV score as per drafted template.
- Draft the ICV improvement plans that is required to be submitted with the tenders of the ADNOC.
As an associate partner of an officially recognized ICV certifying body, RBS Auditors offers complete ICV certification solutions to businesses across UAE. Our services include ICV consultation, score improvement planning, audit support, and final certification.
For more information, please feel free to contact with us.