ICV Formula

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ICV Formula

The ICV-certifying bodies that issue certificates to suppliers will use the below formula to evaluate their eligibility, issue ICV certificates and calculate their score.

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ITTI Score Linkage to ICV

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Goods Manufacturer ICV Formula

Manufacturing Cost	General Formula		Investments		ITTI Score Linkage to ICV		Emiratization		Expat Contribution		ICV Bonus		Advanced Technology & Sustainability Bonus
50%	25%		25%		20%		15%		10%		5%		6%
(Manufacturing cost incured in UAE + Emirati Cost + 60% of Expat Cost) ------------------- Total Cost	10%	(Net Book Value of Assets in UAE) ------- Net Book Value of Total Assets	10%	(Net Book Value of Assets in UAE) ------- Net Book Value of Total Assets	2%	Up to AED 200K Salary, Training benefits	2%	Up to AED 200K Salary, Training benefits	1-3%	51 to 200 1 to 5 employees	Total Annual Revenue from outside UAE (Excluding Re- exports) ------- Total Annual Revenue		Up to 5%	Manufactueres can increase their ICV score by up to 5% by participating in the industial Technology Index (ITTI) Apply now through (moiat.gov.ae)


									4-6%	6 to 50 employees
											No. of Emiratis ------- 100

	15% Progressive	AED, Million 5 to 50 = 5%	15% Progressive	AED, Million 5 to 50 = 5%	2-15% Progressive	Up to AED 200K Salary, Training benefits	2-15% Progressive	Up to AED 200K Salary, Training benefits	7-9%	51 to 200 1 to 5 employees			1%	Any of the following certifications / label ISO 14001 ISO 14046 ISO 50001 Green Industries Label
		AED, Million 5 to 50 = 5%		AED, Million 5 to 50 = 5%
		AED, Million 51 to 100 = 5%		AED, Million 51 to 100 = 5%							Growth in Net Book Value of Assets ------- Previous Year Net Book Value of Assets
		AED, Million 51 to 100 = 5%		AED, Million 51 to 100 = 5%					10%	Above 200 employees
		AED, Million 101 to 150 = 5%		AED, Million 101 to 150 = 5%
		AED, Million 101 to 150 = 5%		AED, Million 101 to 150 = 5%

Service Provider ICV Formula

Manufacturing Cost	General Formula		Investments		ITTI Score Linkage to ICV		Emiratization		Expat Contribution		ICV Bonus		Sustainability Bonus
50%	25%		25%		20%		15%		10%		5%		6%
(Manufacturing cost incured in UAE + Emirati Cost + 60% of Expat Cost) ------------------- Total Cost	10%	(Net Book Value of Assets in UAE) ------- Net Book Value of Total Assets	10%	(Net Book Value of Assets in UAE) ------- Net Book Value of Total Assets	2%	Up to AED 200K Salary, Training benefits	2%	Up to AED 200K Salary, Training benefits	1-3%	51 to 200 1 to 5 employees	Total Annual Revenue from outside UAE (Excluding Re- exports) ------- Total Annual Revenue		2% (0.5% Each)	Implementation of Policies related to: Sustainability Strategy and Governance Material Circularity Water and Wastewater Management Emission Management


									4-6%	6 to 50 employees
											No. of Emiratis ------- 100

	15% Progressive	AED, Million 5 to 50 = 5%	15% Progressive	AED, Million 5 to 50 = 5%	2-15% Progressive	Up to AED 200K Salary, Training benefits	2-15% Progressive	Up to AED 200K Salary, Training benefits	7-9%	51 to 200 1 to 5 employees			1%	Any of the following certifications / label ISO 14001 ISO 14046 ISO 50001 Green Industries Label
		AED, Million 5 to 50 = 5%		AED, Million 5 to 50 = 5%
		AED, Million 51 to 100 = 5%		AED, Million 51 to 100 = 5%							Growth in Net Book Value of Assets ------- Previous Year Net Book Value of Assets
		AED, Million 51 to 100 = 5%		AED, Million 51 to 100 = 5%					10%	Above 200 employees
		AED, Million 101 to 150 = 5%		AED, Million 101 to 150 = 5%
		AED, Million 101 to 150 = 5%		AED, Million 101 to 150 = 5%

ENAS Accreditation Schemes

Goods Manufacturer ICV Formula

General formula25

25% General formula

Up tp 5% Manufactueres can increase their ICV score by up to 5% by participating in the industial Technology Index (ITTI)

Apply now through
(moiat.gov.ae)

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

25% Investments

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

19% ICV Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

6% Advanced Technology and Sustainability Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

15% ITTI Score Linkage to ICV

2% Up to AED 200K Salary, Training benefits

2-15% Up to AED 200K Salary, Training benefits

25% Investments

10% (Net Book Value of Assets in UAE)

Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

25% General formula

Up tp 5% Manufactueres can increase their ICV score by up to 5% by participating in the industial Technology Index (ITTI)

Apply now through
(moiat.gov.ae)

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

25% Investments

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

19% ICV Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

6% Advanced Technology and Sustainability Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

15% ITTI Score Linkage to ICV

2% Up to AED 200K Salary, Training benefits

2-15% Up to AED 200K Salary, Training benefits

25% Investments

10% (Net Book Value of Assets in UAE)

Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

Service Provider ICV Formula

25%

General formula

Up tp 5% Manufactueres can increase their ICV score by up to 5% by participating in the industial Technology Index (ITTI)

Apply now through
(moiat.gov.ae)

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

25%

Investments

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

19%

ICV Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

6%

Advanced Technology and Sustainability Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

15%

ITTI Score Linkage to ICV

2% Up to AED 200K Salary, Training benefits

2-15% Up to AED 200K Salary, Training benefits

25%

Investments

10% (Net Book Value of Assets in UAE)

Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

25% General formula

Up tp 5% Manufactueres can increase their ICV score by up to 5% by participating in the industial Technology Index (ITTI)

Apply now through
(moiat.gov.ae)

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

25% Investments

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

19% ICV Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

6% Advanced Technology and Sustainability Bonus

10% (Net Book Value of Assets in UAE) Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

15% ITTI Score Linkage to ICV

2% Up to AED 200K Salary, Training benefits

2-15% Up to AED 200K Salary, Training benefits

25% Investments

10% (Net Book Value of Assets in UAE)

Net Book Value of Total Assets

5% AED, Million 5 to 50

5% AED, Million 51 to 100

5% AED, Million 101 to 150

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