Local Content Service
What is the Local Content Service for Companies?
It involves implementing agreed-upon procedures in accordance with the International Standard on Related Services (ISRS 4400), aimed at auditing and assessing the local content percentage and verifying its levels. Based on the resulting report from these procedures, a local content certificate is issued for the company.
Why is Obtaining a Local Content Certificate from Al-Hamly & Partners Important?
Obtaining a local content certificate is crucial as it has become a mandatory requirement for companies wishing to participate in government tenders and long-term projects.
It is also an essential requirement for suppliers when dealing with external entities and supplying goods. Additionally, the local content certificate plays a vital role in collecting outstanding dues owed to the company or establishment.
Why Choose Al-Hamly & Partners for Local Content Services?
We have a specialized team with extensive experience and a strong track record in providing local content services. Our role extends beyond merely executing the service based on the company’s data. We also offer valuable consulting through our local content consultant, aimed at helping the company improve its local content percentage and enhancing its competitiveness.
Services and Results Provided by Al-Hamly & Partners:
Issuing a certificate that determines the current local content percentage within the company, serving as a fundamental reference for performance development.
Providing specialized consulting to help the company enhance its local content in its activities and products.
Identifying the targeted local content percentage and developing a strategy to achieve it in alignment with market requirements.
Developing an executable, phased plan that contributes to sustainable and incremental improvements in local content.
Preparing periodic reports to track progress in achieving local content goals, along with recommendations for performance enhancement.
Providing a comprehensive report at the end of the project outlining the final results and the extent to which the targeted local content goals have been achieved.
Recently, the Small and Medium Enterprises Authority granted a special benefit to factories classified as small and micro-sized, covering the costs of local content services, easing their financial burden and encouraging them to improve their local content percentages.
Benefit from our expertise in local content services.
Get your local content certificate now
