Sample article prepared for client review. This content is general in nature and does not constitute legal, tax or financial advice for a specific situation.
A general overview of how UAE businesses typically prepare for an ICV submission and what supporting information is involved.
Sample article prepared for review. This piece provides a general overview of how UAE businesses typically prepare for an ICV submission. It does not constitute legal, tax or financial advice for a specific situation.
Audited financial statements
The ICV assessment is based on the company's financial information, including audited financial statements where applicable.
Data preparation
Information on local procurement, in-country spend, workforce composition and other inputs is structured according to the ICV programme requirements.
Supplier information
Suppliers' ICV status is typically considered as part of the assessment, so supplier information is collected and reviewed.
Certifying body coordination
The submission is reviewed by an approved ICV certifying body, which carries out its own assessment and issues the certificate.