ICV Audit Services

Ensure Compliance with the UAE’s In-Country Value (ICV) Program

The UAE’s In-Country Value (ICV) program aims to boost economic diversification and promote local value creation.
At Capital Zone Accounting and Bookkeeping, we offer expert ICV Audit Services to help businesses meet certification requirements, ensuring eligibility for government contracts and valuable incentives.

Whether you are seeking your first ICV certification or managing annual recertification, our team ensures that your business remains compliant, competitive, and ready to capitalize on new opportunities.

Services

Our ICV Audit

What We Offer

ICV Eligibility Assessment

We assess your business’s eligibility for the ICV program by reviewing:

  • Operational processes

  • Procurement activities

  • Financial records

Our clear roadmap outlines the steps your business needs to take to achieve ICV certification successfully.

ICV Certification Audit

Our auditors conduct a thorough evaluation of your:

  • Financial statements

  • Procurement documentation

  • Operational structures

We verify compliance with ICV standards and provide a detailed audit report ready for submission to the certification authority.

Annual ICV Recertification

ICV certification must be renewed each year.
We assist with:

  • Annual compliance audits

  • Updated financial and operational reporting

  • Streamlining the recertification process to maintain your ICV status

ICV Improvement Strategy

Want to increase your ICV score?
We develop tailored improvement plans focused on enhancing local value creation by:

  • Increasing local procurement

  • Hiring UAE nationals

  • Investing in local infrastructure and resources

Our strategies help your business stay ahead in a competitive marketplace.

Audit Reports and Documentation

We prepare clear, comprehensive ICV audit reports, ensuring all required documentation is:

  • Complete

  • Accurate

  • Ready for submission to the authorized certification body

Why Choose Us?

  • Experienced Auditors Our team brings deep expertise across various industries, ensuring your ICV audit is conducted accurately and efficiently.
  • ICV Certification Expertise We provide complete support — from eligibility assessment to certification and annual recertification — guiding you at every step.
  • Tailored Solutions Every business is different. We design customized strategies to boost your ICV score and maximize local value generation.
  • Compliance Assurance Our audits ensure your business stays fully compliant with UAE ICV requirements, reducing risks of rejection or non-compliance penalties.

Frequently Asked Questions

What is the In-Country Value (ICV) program?

The In-Country Value (ICV) program is an initiative launched by the UAE government to enhance local economic growth. It encourages companies to source goods and services from within the UAE, hire Emirati nationals, and invest in the country’s infrastructure. The program supports the UAE’s broader strategy for economic diversification and long-term sustainability.

ICV certification allows businesses to participate competitively in government contracts and tenders. Companies with higher ICV scores are often favored when government entities and major corporations award contracts, giving certified businesses a significant advantage in expanding their opportunities within the UAE market.

An ICV audit reviews a company’s financial statements, procurement methods, hiring of UAE nationals, and investments in local assets or initiatives. The goal of the audit is to verify that the business accurately reports activities aligned with ICV objectives and complies fully with program requirements.

ICV certification is valid for one year and must be renewed annually. We offer support with yearly audits and compliance reviews to ensure that your business remains eligible and competitive under the ICV program.

To improve your ICV score, your business should focus on increasing the amount of local procurement, employing more UAE nationals, and investing in local infrastructure and capabilities. Our team can create a customized action plan to help you strategically enhance your ICV score and fully leverage the benefits of the program.