Saudi Arabia Activity Code for Health insurance agency

Industry Sector: Healthcare & Medical Services | Official Classification: SSIC 651111 — Protection insurance
Authoritative Standard: Saudi SSIC 2026

Executive Summary & Official Classification

To legally establish or license a Health insurance agency (وكالة ومكتب Health insurance) in the Kingdom of Saudi Arabia, the official primary economic activity code registered with the Ministry of Commerce (MC) and municipal authorities is SSIC 651111 — Protection insurance.

This classification governs municipal commercial zoning on the Balady portal, MISA foreign investment licensing (subject to sector criteria), Qiwa electronic employment contracts, and Nitaqat Saudization benchmarks under the Ministry of Human Resources and Social Development (MHRSD).

Primary Classification Entity

★ Official Primary Classification Code

Saudi SSIC Code: SSIC 651111 — Protection insurance

Arabic Designation: تأمين الحماية والادخار

Parent Economic Group: 6511 — Life insurance

Section Category: Section K — Financial and insurance activities

Governing Authority: Saudi Central Bank

Municipal / Sectoral License: Saudi Central Bank

View Complete SSIC 651111 Specifications & Compliance →

Key Facts & Regulatory Matrix for Health insurance agency

Regulatory Parameter	Specification in Saudi Arabia
Business Entity / Activity	Health insurance agency (وكالة ومكتب Health insurance)
Primary Saudi SSIC Code	`651111` — Protection insurance
Parent Classification Group	`6511` — Life insurance
Economic Section Category	`Section K` — Financial and insurance activities
Industry Sector	Healthcare & Medical Services
Supervisory Government Body	Saudi Central Bank
Operational Licensing Portal	Saudi Central Bank
MISA Foreign Investment	Eligible under general regulatory framework (Subject to MISA criteria & sector rules)
Commercial Registration (CR)	Instant Digital Issuance via Ministry of Commerce
Labor & Saudization Compliance	Qiwa Portal & Nitaqat Framework (Benchmark depends on company headcount)

Practical Business Setup Workflow in Saudi Arabia

Commercial Registration (CR) Issuance: Log in to the Ministry of Commerce portal and select primary activity code 651111.
Municipal Licensing (Balady Portal): Apply for the commercial premise license adhering to municipal shop, safety, and parking requirements under code 651111.
MISA Foreign Investment License: International investors can apply for a MISA foreign investment license subject to standard regulatory guidelines under Saudi foreign investment regulations. Review our MISA License Guide.
ZATCA Tax & Zakat Enrollment: Automatic registration for Corporate Income Tax (20% for foreign shares) or Zakat (2.5% for Saudi/GCC shares), along with 15% VAT and Fatoora e-invoicing. See ZATCA Tax Guide.
Qiwa Portal & Saudization: Register Saudi and expat employees in Qiwa under approved SSCO Occupational Codes to maintain a compliant Nitaqat tier. Check our Nitaqat Saudization Guide.

Regulatory & Classification Status for Health insurance agency

Verification Parameter	Official Status	Verification Source
Commercial Code Mapping	✅ Standard Match	Mapped to primary activity `SSIC 651111`
GASTAT National Framework	✅ Active Standard	Official Saudi SSIC 2025/2026 Edition
Instant CR Issuance (Ministry of Commerce)	✅ Eligible	Commercial Registration Law (Direct Digital Issuance)
MISA Foreign Investment Eligibility	✅ General Framework	Foreign investment permitted subject to MISA licensing criteria
Licensing Platform	✅ Documented	Saudi Central Bank

Frequently Asked Questions (FAQ)

1. What is the official Saudi SSIC activity code for a Health insurance agency?

The official primary classification code is SSIC 651111 (Protection insurance).

2. Can foreign investors open a Health insurance agency in Saudi Arabia?

Yes. Under the Ministry of Investment (MISA) regulatory framework, foreign companies and entrepreneurs can establish commercial entities subject to standard licensing rules.

3. Which government authority licenses Health insurance agency operations?

Supervision is overseen by Saudi Central Bank, and municipal premises licenses are issued via the Balady portal.

4. How do I add this activity to an existing Commercial Registration (CR)?

You can amend your Commercial Registration online through the Ministry of Commerce portal by adding code 651111.

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Official Source Attribution & Disclaimer

Official Classification Standard: General Authority for Statistics (GASTAT) — SSIC 2026.

Primary Entity Reference: SSIC 651111 — Protection insurance

This page is an independent regulatory lookup tool. Always verify specific commercial activity requirements on official government portals (Ministry of Commerce, MISA, Balady, and ZATCA) before finalizing legal filings.