ICV Audit in UAE / BMS Auditing
An ICV Audit is conducted by a certified ICV auditor in UAE to verify the compliance of a company with the ADNOC's ICV Certification program requirements. The ICV Program was introduced by the Abu Dhabi National Oil Company (ADNOC) in January 2018 and is aimed at increasing the contribution of local companies and nationals to the UAE's economy.
The ICV Program requires companies to meet a minimum threshold of in-country value for their goods and services, which is defined as the total spend retained in the UAE that benefits the local economy. This includes local spending on goods and services, local employment of UAE nationals, and the transfer of knowledge and technology to the UAE. Companies need an ICV (In-Country Value) Audit in UAE to demonstrate their compliance with this ICV Program.
https://www.bmsauditing.co...
An ICV Audit is conducted by a certified ICV auditor in UAE to verify the compliance of a company with the ADNOC's ICV Certification program requirements. The ICV Program was introduced by the Abu Dhabi National Oil Company (ADNOC) in January 2018 and is aimed at increasing the contribution of local companies and nationals to the UAE's economy.
The ICV Program requires companies to meet a minimum threshold of in-country value for their goods and services, which is defined as the total spend retained in the UAE that benefits the local economy. This includes local spending on goods and services, local employment of UAE nationals, and the transfer of knowledge and technology to the UAE. Companies need an ICV (In-Country Value) Audit in UAE to demonstrate their compliance with this ICV Program.
https://www.bmsauditing.co...
06:00 AM - Jun 12, 2025 (UTC)
