You Can Trust
Welcome to 1Turn Consulting's In-Country Valuation (ICV) services in the UAE. In today's competitive business environment, understanding and complying with ICV regulations is crucial for companies looking to participate in government contracts and projects in the UAE.
In-Country Valuation (ICV) is a regulatory framework designed to assess the economic contribution of businesses operating within a specific country. In the context of the UAE, ICV is a critical measure that evaluates the extent to which a company’s operations, procurement, and workforce contribute to the local economy. It is a key requirement for businesses seeking to engage in government contracts and projects.
Benefits of ICV:
Eligibility for Government Contracts:
ICV compliance is often a mandatory requirement for bidding on government contracts and projects.
Enhanced Reputation:
Companies that demonstrate a commitment to ICV are viewed favourably by government entities and partners.
Competitiveness:
ICV compliance can give your business a competitive edge in the market.
Sustainable Growth:
Aligning with ICV regulations supports the UAE’s economic diversification goals, contributing to long-term sustainability.
Our ICV Services
At 1Turn Consulting, we offer a comprehensive range of ICV services, including:
- ICV Assessment and Compliance
- Data Collection and Documentation
- Procurement Analysis
- Workforce Analysis
- Strategy Development for ICV Improvement
- ICV Reporting and Documentation Review
- Guidance on ICV Certification:
Our team of experts is dedicated to assisting you at every stage of the ICV compliance process, ensuring that your business meets all requirements and maximizes its ICV score.
ICV Compliance Process
Our ICV compliance process involves the following steps:
- Initial Assessment:
We evaluate your current ICV standing and identify areas for improvement.
- Data Collection:
We gather all necessary data, including procurement records and workforce information.
- Analysis:
Our experts analyse the data to determine your ICV score and compliance status.
- Strategy Development:
We create a tailored strategy to enhance your ICV performance.
- Reporting:
We assist in preparing the required ICV reports and documentation.
- Certification Support:
If needed, we guide you through the ICV certification process.