ICV Certification
Streamlining Process
ICV Certification
Tatweer Insurance Typing and Travels is proud to assist businesses in obtaining In-Country Value (ICV) certification, a strategic initiative in Abu Dhabi designed to assess and certify companies based on their commitment to supporting economic development. This certification evaluates a range of criteria, including local investment, job creation, Emiratization efforts, and the procurement of goods and services from local sources.
Essentials
Strategic Impact of Implementing the ICV Program
Localization & Development: The program encourages the strategic localization of supply chains and fosters the development of new local industries and services, enhancing the overall economic landscape.
Private Sector Growth: By increasing the private sector’s contribution to the national GDP, the ICV Program aims to create a more robust and diverse economic environment.
Research & Development: The initiative promotes increased spending on research and development, driving innovation and the adoption of advanced technologies across various sectors.
National GDP Growth: The ICV Program directly contributes to the growth of the national GDP, supporting the overall economic objectives of the region.
Job Creation: By fostering the growth of local industries, the program creates valuable job opportunities in the private sector, empowering the workforce and contributing to economic stability.
Foreign Investment: The program stimulates and attracts foreign investments, contributing to a more diversified economy and enhancing the UAE’s position as a global business hub.
By focusing on these key areas, the ICV Program will play a crucial role in shaping a sustainable and prosperous economic future for Abu Dhabi and the UAE.
Rules
Who Can Apply for ICV Certification?
