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Statutory Audit
We conduct an integrated audit, which combines the financial statement audit,independent and objective assurance on financial information, transactionsand processes.
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Limited Review
We offer services relating to reviews of historical financial informationby expressing negative assurance on such historical financial information.
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Agreed Upon Procedures
We engage with organisationsto perform specific procedures and report findings to conform to their needs.
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Financial Reporting Advisory Services (FRAS)
Our team provides timely advice on the impact of accounting changes to assist businesses in the development of an appropriate implementation roadmap.
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Business Consulting
Grant Thornton UAE provides organisations with implementable plans that drive sustainable growth strategies to grow and optimise their business performance.
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Business Risk Services
Organisations need to understand risks thoroughly to be able to manage them better. Grant Thornton UAE helps businesses achieve the best balance between minimising risk exposure, optimising profitability and developing compliance review checklists.
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Regulatory Advisory Services
Grant Thornton UAE's extensive understanding of the overarching supervisory framework within the region equips our professionals to support financial institutions comply and abide by the set of regulatory mandates throughout the rapidly evolving ecosystem.
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Financial advisory
Grant Thornton UAE works with organisations on transactions from start to finish, assisting with strategy, identifying risks, executing deals, and helping to unlock their potential for growth and value creation.
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Technology Advisory & Cybersecurity
IT and technology are fundamental to drive the performance of businesses. Through leveraging the power of technology, Grant Thornton UAE helps organisations define and identify growth opportunities to achieve value-driven transformation and innovation.
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Forensics
Fraud and corruption pose a growing challenge worldwide. As the commercial landscape changes, an increasingly regulated environment requires stringent governance and compliance processes. Grant Thornton UAE helps organisations navigate challenges and crisis with a hands-on approach coupled with the use of technology.
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ESG Services
The Environment, Social and Governance (ESG) agenda has gained significant traction over the years, to become one of the key strategic aspects of any business. It is imperative that all organisations, irrespective of industry sector, engage with their stakeholders and prioritise ESG practices to unlock sustainable growth opportunities.
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Business Process Solutions
Our team at Grant Thornton offers comprehensive and cost effective outsourced solutions, enabling stakeholders and business owners to focus on their core business goals.
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Corporate Tax
Our diversified team of corporate tax subject matter experts combines a perfect blend of international experience across several industry sectors, technical expertise, and commercial nuances with a commitment to deliver exceptional value to your business.
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VAT
The VAT team at Grant Thornton is well versed with the VAT Laws applicable across the region and holds valuable experience and professional accreditation in assisting clients across diverse industries to comply with the VAT obligations.
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Transfer Pricing
Grant Thornton UAE assists its clients in providing transfer pricing solutions that are implementable and operational, considering the facts and concerns of its clients.
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International Tax and Tax Due Diligence
Grant Thornton UAE supports multinational groups to optimise their tax structures. We can also assist businesses in analysing existing group transactions and inter-group supplies, as well as advising on potential implications of various taxes to facilitate an efficient Group tax structure.
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Economic Substance Requirements
Economic Substance rules were introduced in the UAE in 2019, requiring UAE businesses that undertake certain ‘Relevant Activities’ to maintain and demonstrate adequate substance.
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Customs and International Trade
The team at Grant Thornton is positioned centrally to assist the businesses with global cross-border tax structuring, planning and compliance needs.
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Excise Tax
We provide Excise Tax related advisory and compliance services to the producer, importer, and the storekeeper of excisable goods
Background
The UAE’s In-Country Value (ICV) programme is a key pillar of ADNOC’s 2030 growth strategy and part of the national “Projects of the 50” initiative. Led by the Ministry of Industry and Advanced Technology (MoIAT), the programme was first introduced in Abu Dhabi in 2018 and has since expanded nationwide.
Its purpose is to strengthen the UAE economy by encouraging businesses to invest in local capabilities, employ UAE nationals, and source goods and services within the country.
ICV certification is mandatory for companies wishing to participate in tenders issued by strategic partners such as ADNOC, Etisalat, Mubadala, and the Department of Economic Development (DED).
What is ICV certification?
Local procurement of goods and services
Employment of UAE nationals
Investment in local assets
Revenue generated within the UAE
Why ICV certification matters
The ICV certification process:
Begin by registering your company on the official ICV platform managed by MoIAT. Appoint an authorised certifying body—Grant Thornton has been a trusted ICV certifier since 2021.
Provide financial statements prepared in accordance with IFRS and audited by a licensed UAE-based auditor. These must be no older than two years from the certification year.
Fill out the official ICV template issued by MoIAT, ensuring all figures align with your audited financials. This includes:
- Procurement breakdown (goods manufactured and third-party spend)
- Emiratisation and expatriate workforce contribution
- Investment and manufacturing costs
- Revenue and sustainability metrics
Supporting documentation is required for all reported figures. Companies are encouraged to structure their accounting systems to efficiently capture ICV-relevant data.
Grant Thornton will assess your ICV score using MoIAT’s predefined formula and guidelines, verifying all inputs and documentation.
Once approved, your ICV certificate is valid for 14 months from the date of your audited financial statements.
We guide you through every step to ensure accuracy and compliance.
How Grant Thornton UAE supports you
As an authorised ICV certifying body, Grant Thornton UAE provides end-to-end support throughout the certification process. Our dedicated engagement team — including UAE nationals — has been guiding businesses across the Emirates since 2021.
Whether you’re applying for the first time or renewing your certification, we ensure accuracy, compliance, and confidence at every step.
