The In-Country Value (ICV) program in the UAE is a government initiative designed to promote economic growth by encouraging businesses to contribute to the local economy. Companies that obtain ICV certification benefit from increased opportunities to secure contracts with government and semi-government entities. However, navigating the certification process can be complex, requiring a strategic approach to business operations. This is where professional ICV consulting services come in, helping businesses maximize their ICV score and gain a competitive edge in the market.

ACE Tax Consultants is a trusted ICV consultant Dubai, offering expert guidance to businesses seeking to achieve and improve their ICV certification. Their team of specialists understands the intricacies of the ICV program and provides tailored solutions to enhance a company’s eligibility and compliance. From initial assessment to implementation, ACE Tax Consultants ensures a seamless process for businesses aiming to improve their local economic contribution.

ICV certification is determined based on several key factors, including local procurement, investment in local assets, employment of UAE nationals, and the contribution of expatriates to the company. Businesses with a high ICV score have a better chance of winning tenders from entities that prioritize ICV-compliant suppliers. To achieve a strong score, companies must align their business practices with the program’s requirements, and this is where ACE Tax Consultants plays a vital role.

The consulting process begins with an in-depth analysis of a company's current operations. ACE Tax Consultants assess areas that impact the ICV score, such as the percentage of goods and services procured locally, investments in local infrastructure, and compliance with Emiratization policies. Based on this assessment, they develop a customized strategy to optimize these factors and improve the company’s overall ICV rating.

One of the most critical aspects of the ICV certification is local procurement. By sourcing more products and services within the UAE, businesses can significantly boost their ICV score. ACE Tax Consultants assist in identifying reliable local suppliers and implementing procurement strategies that align with ICV guidelines. Additionally, they provide guidance on investing in local assets, further enhancing the company's eligibility for certification.

ACE Tax Consultants also help businesses comply with Emiratization requirements by offering strategies to recruit and retain UAE nationals. Their expertise ensures that companies not only meet regulatory expectations but also benefit from a skilled local workforce.

With ACE Tax Consultants, businesses can streamline their ICV certification process, improve their ICV score, and unlock new growth opportunities in the UAE market.