Certification of local content
Osama alsudais chartered accountant office provides local content certification services
Certification of local content is an important tool to ensure the increased use of local products and services in projects and supplies, which supports the national economy and contributes to the promotion of sustainable development. We provide specialized services in issuing local content certification at the contract and company level (baseline) in accordance with the local standards approved by the local content and Government Procurement Authority in the kingdom of Saudi Arabia.
Contract-level local content certification services
. Issuing a certificate of local content for contracts
Providing a local content certification service for government contracts or commercial contracts that require compliance with specific proportions of local content. We provide full support to ensure that the contracts executed by the companies comply with the required standards.
. Evaluation of the local content of contracts
Conduct a comprehensive assessment of local content in the signed contracts, by studying the supply chain and analyzing the use of local materials and services, in order to ensure compliance with national requirements for local content in projects.
. Consulting to increase local content in contracts
Providing specialized consultations on how to increase local content in projects and contracts, through improving the supply chain and dealing with local suppliers to increase the percentage of use of local products and services.
. Audit and verification of local content in contracts
Conduct periodic audits and reviews to ensure the application of local content in accordance with the terms agreed in contracts with government agencies or the private sector.
. Prepare reports to document the commitment to local content
Preparation of detailed reports showing the actual proportions of local content in the contracts, including an analysis of local components and materials that were used in the implementation of the project.
Company-wide local content certification services
(Baseline)
Preparing a baseline for local content for companies
Assist you in preparing the company's local content baseline, which is a comprehensive assessment of the actual percentage of local content in the company's business and supply operations. This assessment helps determine where to start improving the use of local products and services.
Evaluating and determining the percentage of local content in the company
Conducting an in-depth study to determine the actual percentage of local content in the products and services provided by the company across various operations and activities. This assessment includes a thorough review of the supply chain, production, and services.
Preparing and updating certificates of local content
Providing services for issuing and renewing certificates of local content periodically according to the ongoing needs of the company. We update the proportions based on process developments and increase dependence on domestic products.
Consulting to improve local content in companies
Providing strategic consultations aimed at enhancing the proportion of local content in the company's products and services, including directing companies towards contracting with local suppliers and improving local production processes.
Audit and internal audit of the baseline
Provide internal audit and auditing services to evaluate the performance of companies in achieving the baseline of local content, and assist them in adjusting their strategies to meet actual requirements and increase reliance on local products and services.
Prepare baseline reports for local content
Prepare detailed reports to clarify the actual percentage of local content according to the baseline, while providing a comprehensive analysis of areas that can be improved to meet certification requirements.
Strategic planning to increase local content
Providing consultations on long-term strategies to increase local content in the company's operations, whether it is in production, supply, or service provision, which contributes to achieving sustainable growth.
You can contact us to get a quote for the service
The importance of certification of local content at the contract and company level
. Enhancing competitiveness: Local content certification helps companies to stand out in the local market, and enhances their chances of obtaining government and semi-government projects.
. Compliance with government requirementsObtaining these certificates ensures compliance with national policies on promoting the local economy.
. Support of the national economy: By increasing dependence on local products and services, companies contribute to strengthening the national economy and achieving the Sustainable Development Goals.
. Improve transparency and trust: Ensuring transparency in operations and commitment to local content enhances trust between companies, investors and customers.
