ICV Certificate important update in Dubai, United Arab Emirates
ARC Associates National In-Country Value (ICV) Certificate Dubai, UAE What is the National ICV Certification? The National In-Country Value (ICV) program has been announced to be effective throughout all seven emirates by H. H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates, and Ruler of Dubai. It aims to: 1. Emiratisation: Creating additional employment opportunities for Emiratis in the private sector. 2. GDP Diversification: Supporting UAE GDP diversification by sourcing additional goods and services within the UAE. 3. Strategic Considerations: localizing strategically critical parts of the value chain for selected categories. Who needs the National ICV Certificate? Companies working directly or indirectly as sub-suppliers with government and semi-government departments are required to acquire the National ICV certificate, as 45 public entities and 13 major national institution...