In the dynamic landscape
of the United Arab Emirates (UAE), the In-Country Value (ICV) certification
program has emerged as a pivotal initiative. Spearheaded by the Abu Dhabi
National Oil Company (ADNOC), this program has been in effect since April 1, 2018,
and has reshaped the way suppliers of goods and services engage with the UAE's
business ecosystem. This article explores the significance of the ICV
certificate, its objectives, and why it has been implemented in the UAE.
Additionally, we introduce Elevate as a trusted ICV service provider, offering
comprehensive assistance in navigating this certification process. https://elevateauditing.com/uae-corporate-tax-law-2023/
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