#icv certificate qatar validity

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How to Get ICV Certification in Qatar 

To obtain an ICV certificate in Qatar, businesses must adhere to the requirements of the In-Country Value (ICV) program, which aims to promote local development and economic diversification. The ICV certification process evaluates a company’s contribution to the national economy through local procurement, employment, and investments. 

This guide will walk you through the steps and criteria for getting an ICV certificate in Qatar, ensuring compliance with the country’s ICV policies.

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Steps for ICV Certificate Registration

1. Understand the ICV Certificate Requirements

Before proceeding with In-Country Value certificate registration, ensure you understand the criteria and benefits of obtaining the certificate. The ICV certificate is designed to enhance local business opportunities and encourage economic growth within the UAE or Qatar.

2. Gather Necessary Documents

To begin the ICV certificate registration process, gather all necessary documents, such as financial statements, trade licenses, VAT certificates, and other required records. These documents are essential to assess your company’s eligibility for the in-country value certificate.

3. Select an ICV Certification Body

Choose a certification body approved by the Ministry of Industry and Advanced Technology (MOIAT) or relevant authority. These certification bodies are responsible for verifying and issuing the ICV certificate. Ensure the certifying agency is recognized in the UAE or Qatar for a smooth process.

4. Submit Financial Data

Upload your audited financial reports for the previous fiscal year to the certification body. The financial reports will be analyzed to determine your company’s in-country value score.

5. Apply for ICV Certificate

Once your financial data is verified, you can officially apply for the ICV certificate registration. The application process usually involves filling out an online form on the certifying body’s portal and submitting the necessary documents.

6. Receive Evaluation and ICV Score

After applying, your company’s financial performance, local purchases, and other key parameters are evaluated to calculate the ICV score. This score will be reflected on the in-country value certificate, which showcases your contribution to the local economy.

7. Get the ICV Certificate

Once the evaluation is complete, you will be issued the ICV certificate, which is valid for one year. You can use this icv certificate to participate in tenders and contracts that prioritize businesses with a high in-country value certificate score.

8. Annual Renewal

Ensure that you renew the ICV certificate annually by updating your financial records and submitting them for a new assessment. This keeps your certificate valid and your score updated for tender opportunities.