Accounting Firm in Dubai

Abu Dhabi Local Content Program

Government spending is one of the most important pillars of the economy and is the main catalyst for stimulating economic growth and social productivity, as well as providing employment opportunities within the Emirate of Abu Dhabi. The Abu Dhabi Local Content Program (ADLC) aims to direct government spending towards the development of local content in all its components at the local economy level for the Emirate of Abu Dhabi, the program also aims to improve the government procurement procedures in order to achieve development goals defined by economic visions, strategies and plans in accordance with the regulations in force.The program will encourage companies and factories participating in government tenders to increase their economic contribution in Abu Dhabi through on three main components: Emiratization, investment and locally procured goods and services.

Abu Dhabi Local Content Program - ADLC

Objectives

Increase Gross Domestic Product (GDP)

Increase Emiratization

Boost the Knowledge Economy and Technology Adoption

Process

1

To apply for an ADLC certificate, the company must contact the Certifying Bodies found on the website and in the user manual in order to receive quotations from them with regards to the certificate.

2

The company must then sign a letter of engagement and provide all the necessary documents requested by the chosen certifying body, some of which is found on the website.

3

After the certifying body evaluates the company using the evaluation scoring matrix template, the certifying body will issue an ADLC certificate for the applying company.

Documents Required

  • Company’s Audited financial statement
  • List of procured goods and services.
  • WPS reports.
Blogs you might find useful :