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The In Country Value (ICV) program aims to support the Ministry of Industry and Advanced Technology’s mandate of improving the productivity and sustainability of the UAE’s Industrial sector. It evaluates the contribution to the local economy. Certified suppliers will gain advantages during the award of tenders and contracts based on their ICV score.
MBG Corporate Services is an international professional services organization delivering sustainable strategic solutions and business transformation for clients across Asia, Europe and the Middle East. Established in 2002 and headquartered in Singapore, MBG is a 600-member strong network of 18 office hubs spread across eight countries in Europe, the Middle East and Asia.
MBG’s clientele includes a hundred of the top Fortune 500 companies around the world and several other reputed local family business groups. We serve over 3000 clients globally. Through our core service lines of Audit and Assurance, Legal, Risk, M&A, Direct and Indirect Tax, Strategy, Technology and Business Setup, we help client businesses identify and tap into market opportunities, both visible and latent.
The vast and varied experience of our leadership team across a wide range of industries ensures that our client solutions are not only strategically sound but also pragmatic and implementable. MBG is one of the empaneled firms for the National In-Country Value (ICV) Program. MBG is committed to serving their clients with integrity and to helping them achieve tangible results. With an innovative approach to every project and an unwavering commitment to quality and consistency, we have played an instrumental role in transforming client businesses worldwide. MBG Corporate Services has successfully established International Enterprise Teams to service clients in their respective domestic markets through their global offices. These unique multinational teams bridge cultural, linguistic and technical barriers and minimize the challenges that come with cross-border engagements.
Clients globally
Employees
Offices in 8 countries
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The ICV certificate in the UAE measures the supplier or contractor’s ICV contribution to the economy of Abu Dhabi. The supplier receives this certificate upon the successful completion of the certification process.
The purpose of ICV certification is to ensure that the contractor’s provided information with regards to their ICV contribution is valid and accurate and that their ICV scores are correctly calculated based on predefined methods.
There are certifying bodies that are authorized to issue ICV certificates to companies that successfully pass the required evaluation.
MBG Corporate Services is one of the earliest and sought-after vendors for ICV certification in the UAE.
Audited financial statement from the supplier or contractor
A list of the procured goods and services
Wage protection system (WPS) reports
The following is the process of getting an ICV certificate:
The supplier or contracting company contacts the pre-approved certifying bodies.
After reviewing the received quotations, the supplier chooses and awards one particular certifying body and signs an engagement letter.
The certifying body evaluates the supplier by validating their submitted information, and issues the final ICV certificate.
CEO - GCC Institutional Business and Taxation
CEO & Global Knowledge Leader – Audit, ICV, Indirect Tax
Senior Partner - ICV