Issuing a certificate of local content in steps
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.
AlSudais legal accounting office Provides specialized services in Issuing a certificate of local content Approved by the local content and Government Procurement Authority LCGPA. This certificate is one of the basic requirements that enable companies and institutions to enhance their opportunities in government competitions and raise the level of competitiveness within the Saudi market, in line with the kingdom's Vision 2030, and the certificate of local content contributes to supporting the national economy by increasing reliance on local products and services and national cadres, and is a clear indication of the commitment of enterprises to local spending policies and Emiratization standards. With the increasing need for this certificate, many companies and entrepreneurs are looking for answers to questions related to its nature, requirements and extraction mechanism.
Steps for issuing local content certification
Go through the process of issuing Certification of local content These stages aim to ensure the accuracy of the data and the reliability of the calculated percentage.
1. Create an account in the local content authority portal
The establishment starts by logging into the portal of the local content and Government Procurement Authority, then it registers a new account in the name of the company or organization, with the entry of its basic statutory data such as the commercial register, legal representative data, and approved contact information.
2. Completing the facility's file and updating its data
After creating the account, the organization completes its profile within the portal, by entering detailed information about its activity, the number of branches, the nature of the products or services provided, the organizational structure, and the size of the national and non-national workforce.
3. Choosing an audit office or an authorized verification body
The company must choose Certified accounting office From the local content authority to take over the task of reviewing the measurement model and making sure that the entered data is correct. The office has access to financial statements, supplier contracts, employment data, and procurement records.
4. Filling out the local content measurement form
At this stage, the company is packing Local content measurement model The form includes a set of financial and operational data, the most prominent of which are:
- The value of purchases from local suppliers and suppliers from outside the kingdom
- The amount of spending on national services
- Asset data and depreciation according to the financial statements
- The number of Saudi employees compared to the total number of employees
These statements must be based on audited and documented financial statements of Certified Public Accountant.
5. Sending documents to the Audit Office
The facility prepares the required package of documents and sends it to Certified accounting office, They usually include:
- Audited financial statements for the measured year
- Lists of suppliers and procurement
- Employment data and Saudization ratios
- Any additional documents required by the audit body or the authority
The audit team checks the consistency of the data between the form and the official documents.
6. Preparation of a report on agreed actions
After completing the data review, he Accounting Office Preparation Report on agreed actions Related to the measurement of local content. The report includes an explanation of the procedures carried out, the results achieved, and the final percentage of local content calculated for the facility according to the authority's methodology.
7. Submit the report to the local content authority
The audit office submits the report via the electronic portal to the local content and Government Procurement Authority, accompanied by the necessary forms and data, to be examined by a specialized team within the authority.
8. Examination of the application by the authority
The authority reviews the report and the submitted data, and may request additional clarifications or supplementary documents if necessary. The rapid and accurate response of the establishment to these requests is an important factor in speeding up the accreditation procedure.
9. Issuing a certificate of local content and determining its validity period
After completing the audit and confirming the validity of the data, the authority issues Certification of local content For the establishment, with an indication of the percentage of approved local content and the validity period of the certificate, often for a specific financial year.
10. Follow-up and periodic updating of certificate data
After the issuance of the certificate, the entity is obliged to maintain its level of commitment to local content, and may be required to provide periodic reports or updates upon renewal of the certificate or upon a material change in its activity or financial statements.
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.
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The importance of certification of local content at the contract and company level
- Enhancing competitiveness: Certification of local content helps companies to stand out in the local market, enhances their chances of obtaining government and semi-government projects.
- Compliance with government requirements: Obtaining these certificates ensures compliance with national policies on the promotion of 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.
Why choose Sudais office to issue local content certification
Because your success starts with the right partner. In AlSudais legal accounting office We offer you a completely different experience when extracting Certification of local content, Where we take over all the complex details from you and turn them into a smooth and fast process. Our specialized team knows exactly what the commission requires, and ensures that your documents are professionally processed, raising the chances of accepting the certificate from the first time.
With our extensive experience in dealing with SMEs and government agencies, we help you enhance the percentage of local content within your facility and improve your points in government competitions, giving you a stronger chance to win contracts and projects.
Sudais office is your ideal choice if you are looking for speed, accuracy, and tangible results that increase the strength of your facility in the Saudi market.
Contact Al Sudais office to get the local content certificate
In AlSudais legal accounting office, We put our experience and competence at your service to be your reliable partner in managing your financial affairs and complying with regulations. We are aware of the challenges faced by small businesses and entrepreneurs at the beginning of their projects, that's why we offer integrated accounting and legal services At Reasonable Prices, with a team with years of experience and professional certificates accredited locally and internationally, to ensure that you get a high-quality service that meets your needs accurately.
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