UAE CORPORATE TAX 9% — EFFECTIVE JUNE 2023DUBAI GDP GROWTH 3.4% IN 202445+ FREE ZONES — 100% FOREIGN OWNERSHIPGOLDEN VISA: AED 2M PROPERTY THRESHOLDDIFC AUM: $500B+ GROWING 18% YoYUAE #1 ARAB WORLD — EASE OF DOING BUSINESSGULF MERIDIAN · OPERATED BY EPIIDOSIS GLOBAL FINANCEKSA VISION 2030: $3.2T PRIVATISATION PIPELINE
UAE CORPORATE TAX 9% — EFFECTIVE JUNE 2023DUBAI GDP GROWTH 3.4% IN 202445+ FREE ZONES — 100% FOREIGN OWNERSHIPGOLDEN VISA: AED 2M PROPERTY THRESHOLDDIFC AUM: $500B+ GROWING 18% YoYUAE #1 ARAB WORLD — EASE OF DOING BUSINESSGULF MERIDIAN · OPERATED BY EPIIDOSIS GLOBAL FINANCEKSA VISION 2030: $3.2T PRIVATISATION PIPELINE
Get law updates
No spam. Unsubscribe anytime.
Knowledge BaseGovernment ContractsLocal Content
Government Contracts

ADNOC ICV Programme: In-Country Value Explained

ADNOC's In-Country Value (ICV) programme rewards suppliers that spend within the UAE economy — on local goods, salaries paid to UAE-based staff, and investment. A strong ICV score improves your chances of winning ADNOC and wider UAE government contracts.

Last verified: June 20264 min read
Key Facts
FactValueSource
ProgrammeADNOC In-Country Value (ICV)ADNOC
Score basisAudited financial statementsADNOC ICV
Certificate validity14 months from year-endADNOC ICV
Scored factorsLocal goods, UAE salaries, investment, EmiratisationADNOC ICV
Tender impactAdded as a weighting on top of priceADNOC ICV
What This Means For Your Business

ADNOC's In-Country Value (ICV) programme rewards suppliers that spend within the UAE economy — on local goods, salaries paid to UAE-based staff, and investment. A strong ICV score improves your chances of winning ADNOC and wider UAE government contracts.

From the Official Source Documents

The In-Country Value (ICV) programme, launched by ADNOC and now adopted across many UAE government and semi-government buyers, scores how much of a supplier's spend stays inside the UAE economy.

Your ICV score is calculated from audited financial data: locally manufactured goods and locally sourced services, salaries paid to UAE-based employees, investment in UAE assets, and Emirati employment all push the score up.

Suppliers obtain an ICV certificate from an ADNOC-approved certifying body, based on their most recent audited financial statements. The certificate is valid for 14 months from the financial year-end.

In tender evaluation, the ICV score is added as a weighting on top of price — so a supplier with a higher ICV score can win even if it is not the cheapest bid. This is designed to favour businesses that invest in the UAE.

To improve an ICV score, companies localise manufacturing, buy from UAE suppliers, hire and train UAE nationals, and invest in local facilities — the behaviours the UAE's industrial strategy aims to encourage.

For information only. This guide provides general guidance based on publicly available UAE & GCC regulations. It is not legal or financial advice. Speak to our advisory team →
About this guide
TopicLocal Content
PillarGovernment Contracts
Last verifiedJun 2026
Sources0 documents
Read time4 min
Related guides
UAE Government Procurement: Tender Registration and Bidding Guide
Government Procurement
Need guidance?

Our team provides tailored advice for your specific situation.

Book consultationAsk the AI Advisor