Why the ICV Certificate Matters for Companies in Dubai
The In-Country Value (ICV) Certificate is crucial for companies in Dubai as it directly impacts their competitiveness in government and semi-government contracts. It reflects a company’s contribution to the UAE’s economy by assessing factors like local spending, Emiratization, and investment in local assets. Holding an ICV Certificate not only enhances a company’s chances of winning tenders but also aligns it with the UAE’s vision for sustainable economic development and diversification.