The UAE National In-Country Value Program measures a supplier’s contribution to the local economy and can influence tender competitiveness with participating entities. ZeroSync supports Dubai suppliers with ICV readiness, audited-financial-data mapping, vendor and cost analysis, supporting schedules, template preparation and coordination with a MoIAT-authorised Certifying Body. The official ICV certificate itself is issued through the MoIAT ICV Platform after verification by an authorised Certifying Body.
The National ICV certificate is a system-generated certificate under the UAE Ministry of Industry and Advanced Technology program that states a supplier’s ICV score. The score reflects the supplier’s contribution to the UAE economy through factors such as local spend, investment, Emiratisation, expatriate contribution and other applicable bonus components. Authorised Certifying Bodies verify and issue certificates through the official ICV Platform.
ZeroSync’s role is readiness and preparation: organise the accounting data, reconcile the ICV template to the financial statements, prepare supporting schedules and help the supplier coordinate with the authorised Certifying Body.
MoIAT states that certified suppliers can gain advantages during the award of tenders and contracts based on their ICV score. The commercial value therefore depends on the supplier’s customers and whether the relevant participating entities use ICV in procurement.
The September 2025 MoIAT supplier guidelines state that ICV figures should align with the latest audited financial statements prepared under IFRS and audited by a licensed UAE auditor following ISA.
The audited financial statements must not be older than two years from the certification year under the current supplier guidelines.
A company established for less than ten months and without audited statements may use management accounts for a period of up to nine months. Management accounts exceeding nine months require auditing.
The current guidelines state that the ICV certificate is valid for 14 months from the issuance date of the audited financial statements used as the basis.
The supplier selects from MoIAT-authorised Certifying Bodies through the ICV Platform and the selected body verifies and approves the certification.
The September 2025 guidelines require private companies to register in the NAFIS Program as Partners before obtaining the ICV Certificate.
The current MoIAT guidelines generally require an ICV certificate for each legal entity seeking certification. They also provide a specific treatment where a company has different branches in the same Emirate with identical activities and ownership on the licences, allowing one combined certificate for the company in that Emirate.
| Structure | ICV preparation question | Data implication |
|---|---|---|
| Single legal entity | Which licence and financial statements form the certification base? | Template and support should reconcile to that entity’s reported figures. |
| Multiple licences/entities | Does each licence represent an independent legal entity under the guideline treatment? | Avoid mixing costs, employees or assets across entities without the correct basis. |
| Branches in same Emirate | Are activity and ownership identical as required for combined treatment? | Assess whether one combined certificate is appropriate under the current guidelines. |
| New entity | How long has the company been established and what financial statements or accounts exist? | Determine whether audited statements or qualifying management accounts are required. |
MoIAT’s September 2025 guidelines distinguish Goods Manufacturers and Service Providers. For a Goods Manufacturer, the formula considers manufacturing cost, investment, Emiratisation, expatriate contribution, ICV bonus and an advanced-technology/sustainability bonus. For a Service Provider, it considers third-party spend, investment, Emiratisation, expatriate contribution, ICV bonus and a sustainability bonus.
An agent or trader is generally treated as a Service Provider, subject to the specific principal-manufacturer treatment described in the guidelines.
Manufacturing cost • investment • Emiratisation • expatriate contribution • ICV bonus • advanced technology/sustainability bonus.
Third-party spend • investment • Emiratisation • expatriate contribution • ICV bonus • sustainability bonus.
Template figures should correspond to audited statements and relevant supporting documents.
Supplier should maintain documentation supporting the financial figures submitted for verification.
ICV preparation can be time-consuming when the accounting system does not separately capture the data required by the template. MoIAT’s current guidelines encourage suppliers to modify the trial balance and account codes to capture specific costs such as Emirati payroll, training and manufacturing costs more efficiently in future certifications.
ZeroSync can prepare bridging schedules from the audited statements and trial balance into the ICV categories while maintaining reconciliation back to the source financial information.
Access the ICV Platform through UAE Pass and register the company profile where required.
Use the platform bidding process to request quotations from authorised Certifying Bodies.
Select the Certifying Body and complete the platform engagement process.
Prepare the ICV information and supporting schedules using figures reconciled to the appropriate financial statements.
The authorised Certifying Body reviews, verifies and approves the data for issuance through the official ICV Platform.
ICV categories are prepared independently from the audited accounts and cannot be bridged back to the financial statements.
Spend is not available by vendor, invoice or required category, making third-party-spend analysis harder to verify.
Costs, employees, assets or revenue from multiple licences or entities are mixed without assessing the certification entity.
Emirati, expatriate and training information is not captured in a way that supports the required template analysis.
The statements selected for the certificate fall outside the current MoIAT timing rules.
Figures entered into the template cannot be supported with detailed ledgers, schedules or documents when the Certifying Body verifies them.
MoIAT defines a Certifying Body as a professional services firm authorised by the Ministry to verify and issue the ICV Certificate. The official certificate is system-generated through the ICV Platform. ZeroSync’s ICV service is therefore positioned around preparation, financial-data readiness and coordination rather than claiming to issue the certificate unless separately authorised and empanelled for that role.
This distinction protects the integrity of the process and makes it clear which organisation performs the independent certification verification.
ICV planning can improve how the business captures genuine local spend, investment and workforce information over time. It should not involve changing or misclassifying financial facts simply to obtain a higher score.
The ICV process becomes more efficient when the accounting system captures useful categories during the year instead of reconstructing them after year-end. The MoIAT supplier guidelines specifically encourage suppliers to modify trial-balance accounts and codes to separately capture costs needed for certification.
After the first certification cycle, review which schedules required manual work. Vendor location/ICV information, Emirati payroll and training costs, manufacturing costs, investments and other recurring categories can be built into the accounting and procurement data structure where appropriate.
ICV-ready accounting should still follow the company’s normal financial reporting framework. Create additional analysis codes and schedules rather than changing the substance of accounting transactions to influence the score.
The 14-month validity is linked to the issuance date of the audited financial statements used for certification. That means the company’s audit completion date affects how long the resulting certificate remains valid. Suppliers that depend on ICV-sensitive tenders should monitor the certificate expiry, expected next audit date and procurement calendar together.
If the financial statements are incomplete, the audit is pending or the accounting data cannot produce the required schedules, address those upstream issues first.
ICV formula and certification requirements can change. The current MoIAT program page, authorised-body directory and supplier guidelines should be used for a live certification project.
The certificate is verified and issued through the official ICV Platform by a MoIAT-authorised Certifying Body. ZeroSync can support preparation, reconciliation and coordination.
The September 2025 MoIAT supplier guidelines state that the certificate is valid for 14 months from the issuance date of the audited financial statements used as the certification basis.
The current supplier guidelines state that audited financial statements must not be older than two years from the certification year.
Under the current guidelines, a company established for less than ten months and without audited financial statements can use management accounts for a period of up to nine months. Management accounts exceeding nine months require auditing.
The current guidelines generally require certification for each legal entity. They contain a specific combined treatment for branches in the same Emirate where the stated activity and ownership conditions are met.
It depends on whether the supplier is a Goods Manufacturer or Service Provider. Current components include manufacturing cost or third-party spend, investment, Emiratisation, expatriate contribution, ICV bonus and the applicable technology or sustainability bonus.
Yes. The September 2025 supplier guidelines state that private companies are required to register in the NAFIS Program as Partners before obtaining the ICV Certificate.
No. ZeroSync can improve readiness, reconciliation and documentation, but the score is calculated under the official formula from the supplier’s actual data and is subject to verification by the authorised Certifying Body.
Tell us your licence type, financial year, audit status and whether you are a manufacturer, trader or service provider. We can review the data and prepare the schedules before Certifying Body verification begins.
