Who Needs ICV Certification in Qatar?

In-Country Value (ICV) is a government-led program in Qatar aimed at boosting local businesses and industries while reducing the country’s dependence on imports. The program encourages economic diversification and aims to create job opportunities for Qatari nationals. One of the critical components of the ICV program is ICV certification, which is mandatory for all companies operating in Qatar, including foreign companies.

In this article, we will provide a comprehensive guide to who needs ICV certification in Qatar and what the certification process entails.

1. Local Companies: Local companies in Qatar need to obtain ICV certification to be eligible for government contracts, subsidies, and other incentives. The certification process assesses the company’s contribution to the local economy, including its local content of products and services, investment in local businesses and industries, and employment of Qatari nationals.

2. Foreign Companies: Foreign companies operating in Qatar must obtain ICV certification to qualify for government contracts, subsidies, and other incentives. The certification process evaluates the company’s impact on the local economy, including its investment in local businesses and industries, local content of products and services, and employment of Qatari nationals.

3. Small and Medium Enterprises (SMEs): Small and medium-sized enterprises (SMEs) in Qatar are encouraged to obtain ICV certification to be eligible for government contracts and incentives. The certification process is simpler for SMEs and focuses on their contribution to the local economy, including investment in local businesses and industries, local content of products and services, and employment of Qatari nationals.

4. Joint Ventures: Joint ventures operating in Qatar must also obtain ICV certification to be eligible for government contracts and incentives. The certification process assesses the joint venture’s impact on the local economy, including investment in local businesses and industries, local content of products and services, and employment of Qatari nationals.

In conclusion, ICV certification is a crucial requirement for all companies, including foreign companies, operating in Qatar to be eligible for government contracts, subsidies, and other incentives. The certification process evaluates a company’s contribution to the local economy, including investment in local businesses and industries, local content of products and services, and employment of Qatari nationals. Obtaining ICV certification is crucial for companies to be competitive and successful in Qatar’s economy, which is why all companies operating in Qatar should prioritize getting their ICV certification.