+971 54 204 0822
info@taxadepts.com
+971 54 204 0822

Leading ICV Consultants in the UAE with Proven Expertise and Results

Leading ICV Consultant in the UAE

Take the First Step Toward ICV Certification.

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About the company

Proudly serving the UAE, we have issued over 3000+ ICV certificates, helping businesses like yours gain a competitive edge! Our certification process is designed to be straightforward and efficient, ensuring you can focus on what matters most—growing your business. With an ICV certificate, you demonstrate your commitment to quality and excellence, attracting more clients and partners.

ICV Process

STEP 01

Issue Audited Financial Statement

Issue audited financial statements based on IFRS standards or use management accounts for newly established entities less than 10 months.

STEP 02
ICV Template

Complete the ICV Template following the provided guidelines, ensuring accuracy and compliance with all requirements.

STEP 03
Evaluation Approach

The evaluation approach of authorized certifying bodies emphasizes rigorous assessments to ensure compliance with established standards.

STEP 04
Get ICV Certificate

Once you receive the ICV certificate, you become eligible to submit it to any of the participating entities for consideration.

STEP 01
Issue Audited Financial Statement

Issue audited financial statements based on IFRS standards or use management accounts for newly established entities less than 10 months.

STEP 02
ICV Template

Complete the ICV Template following the provided guidelines, ensuring accuracy and compliance with all requirements.

STEP 03
Evaluation Approach

The evaluation approach of authorized certifying bodies emphasizes rigorous assessments to ensure compliance with established standards.

STEP 04
Get ICV Certificate

Once you receive the ICV certificate, you become eligible to submit it to any of the participating entities for consideration.

Clients
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Years Experience
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Serving Emirates
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Why Our Customers Love Us

Rasheed NK Caparol Paints

Adepts has been an essential partner in our paint business. Their expertise with ICV certification and advisory has helped us streamline our operations and maximize profits. We highly recommend their services to anyone in the paint industry.
Mohammad Merashly Averda Waste Management LLC

We have been using Adepts for our ICV certification needs for several years and have been consistently impressed with their level of professionalism and dedication. Their insights into the waste management industry have been particularly valuable.
Meera A Alshehhi Metlife

Adepts has been an exceptional partner in helping us with ICV certification and advisory services. Their team understands the unique needs of Insurance services and provides tailored solutions that have helped us succeed.

Sathyapalan N.B Ali & Sons Marine Engineering Factory Owned by Ali & Sons Holding LLC

Ali & Sons Marine Engineering Factory is immensely satisfied with the ETIP services provided by Adepts. Their expertise in navigating the complexities of energy tariffs has been a major asset to our operations.

Radha Krishnan Kellogg Brown & Root International INC

KBR Group's experience with Adepts for our ICV Improvement Plan and Certification was exceptional. Their strategic insights and thorough approach not only streamlined our certification process but also enhanced our overall business value

Chirine Khadra Nirvana Travel & Tourism LLC

Nirvana Travel and Tourism's journey with Adepts for ICV certification and advisory service was transformative. Their expertise in navigating complex requirements and proactive advisory transformed a challenging process into a strategic asset for our business. Thanks to Adepts, we're not just certified; we're more competitive and poised for growth

Rasheed NK Caparol Paints

Adepts has been an essential partner in our paint business. Their expertise with ICV certification and advisory has helped us streamline our operations and maximize profits. We highly recommend their services to anyone in the paint industry.
Mohammad Merashly Averda Waste Management LLC

We have been using Adepts for our ICV certification needs for several years and have been consistently impressed with their level of professionalism and dedication. Their insights into the waste management industry have been particularly valuable.
Meera A Alshehhi Metlife

Adepts has been an exceptional partner in helping us with ICV certification and advisory services. Their team understands the unique needs of Insurance services and provides tailored solutions that have helped us succeed.

Sathyapalan N.B Ali & Sons Marine Engineering Factory Owned by Ali & Sons Holding LLC

Ali & Sons Marine Engineering Factory is immensely satisfied with the ETIP services provided by Adepts. Their expertise in navigating the complexities of energy tariffs has been a major asset to our operations.

Radha Krishnan Kellogg Brown & Root International INC

KBR Group's experience with Adepts for our ICV Improvement Plan and Certification was exceptional. Their strategic insights and thorough approach not only streamlined our certification process but also enhanced our overall business value

Chirine Khadra Nirvana Travel & Tourism LLC

Nirvana Travel and Tourism's journey with Adepts for ICV certification and advisory service was transformative. Their expertise in navigating complex requirements and proactive advisory transformed a challenging process into a strategic asset for our business. Thanks to Adepts, we're not just certified; we're more competitive and poised for growth

Why Choose Adepts?

Business professional standing in front of iconic Dubai landmarks, representing corporate accounting services in Dubai, UAE
Customer-Centered Strategy
We provide an individualized customer-first approach to ensure that all clients are given the personalized service they deserve
Tailored solutions with a comprehensive strategy
Our tailored solutions are designed to meet our client's specific needs, utilizing a comprehensive strategy that is tailored to their industry and business objectives.
Quick assistance
We make sure that any inquiries or requests for assistance are dealt with quickly and efficiently, providing quality assistance in a timely manner.
Highly competent and experienced experts
Our professionals are highly knowledgeable and experienced in the field, giving clients access to the best possible resources available for their projects or query.
Innovative Solutions to satisfy business requirements
Our focus on innovation ensures that we create practical solutions that exceed our client's expectations and business requirements.

frequently asked questions

  1. In November 2017, Abu Dhabi National Oil Company ("ADNOC") introduced an In-Country Value (ICV) program to improve the GDP of the country by enhancing local supplies of goods and services, and encouraging manufacturing facilities to set up in the country. Emiratisation in the private sector, in line with UAE vision 2030, is also one of the main objectives to introduce the ICV program.

  2. In years 2019 and 2020, various Government and Semi-Government Entities (Participating Entities) joined hands to broaden the ICV Certification process and launched the Unified ICV program which requires that all their vendors be mandated to calculate and declare their certified ICV score for the financial year, to demonstrate how they are helping to deliver ICV.

  3. In 2021, the ICV program was shifted to the Ministry of Industry and Advanced Technology (MOIAT) with the intention to make this program all-inclusive for Government and Semi-Government departments across the whole UAE. Carrying forward the objective of this program to ensure spent of businesses is within the national economy in terms of manufacturing cost as well as spent on local products & services. In Addition, encouraging investments in the country, appointing and qualifying citizens and creating quality job opportunities is another major objective of the National ICV Program. Further, to support industry in the UAE and recycling a larger part of purchases and services expenses within the national economy is the foremost objective of this program.
An In-Country Value (ICV) program was announced for Abu Dhabi National Oil Company (ADNOC) Group Companies with the following objectives:
  • (a) Emiratization: Creating additional employment opportunities for Emiratis in the private sector
  • (b) GDP Diversification: Supporting UAE GDP diversification by sourcing additional goods and services within the UAE; and
  • (c) Strategic Considerations: localizing strategically critical parts of the value chain for selected categories.
Companies working directly as suppliers or indirectly as sub-supplier with the following Implementing Agencies are required to acquire the ICV certificate. The Implementing Agencies for the National ICV Program are gradually increasing in numbers to ensure observing ICV Program across the country.

  • ADNOC Group Companies
  • Abu Dhabi Department of Economic Development
  • Aldar Properties
  • Abu Dhabi Ports
  • Mubadala
  • Etisalat
  • Emirates Steel
  • TAQA Group
  • Edge
  • Etihad Rail
  • Sharjah Investment and Development Authority (Shurooq)
  • Emirates Nuclear Energy Corporation
  • Emirates Global Aluminium (EGA)
  • Companies submitting tenders through Musanada (Abu Dhabi General Services Company)
  • Government and Semi Government
ICV certification is valid for 14 months from the date the Company's financial statements were issued.
The ICV score calculations are based on assessing the supplier contribution towards UAE economy. These values are measured according to below mentioned a pre-defined methodology.
The cost for ICV certificate varies depending upon scope of work involved based on nature of business, turnover of the Company and number of employees etc.

Schedule a Consultation with ICV Specialists.

info@taxadepts.com
+971 54 204 0822

Aaliyan Ibrahim, FCPA

Founder & managing partner

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