Saudi Arabia Activity Code for Property management company

Industry Sector: Real Estate & Property Management | Official Classification: SSIC 682020 — property management
Authoritative Standard: Saudi SSIC 2026

Executive Summary & Official Classification

To legally establish or license a Property management company (شركة إدارة وتشغيل العقارات) in the Kingdom of Saudi Arabia, the official primary economic activity code registered with the Ministry of Commerce (MC) and municipal authorities is SSIC 682020 — property management.

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 682020 — property management

Arabic Designation: إدارة الأملاك

Parent Economic Group: 6820 — Real estate activities on a fee or contract basis

Section Category: Section L — Real estate activities

Governing Authority: Real Estate General Authority

Municipal / Sectoral License: Real Estate General Authority

View Complete SSIC 682020 Specifications & Compliance →

Key Facts & Regulatory Matrix for Property management company

Regulatory Parameter	Specification in Saudi Arabia
Business Entity / Activity	Property management company (شركة إدارة وتشغيل العقارات)
Primary Saudi SSIC Code	`682020` — property management
Parent Classification Group	`6820` — Real estate activities on a fee or contract basis
Economic Section Category	`Section L` — Real estate activities
Industry Sector	Real Estate & Property Management
Supervisory Government Body	Real Estate General Authority
Operational Licensing Portal	Real Estate General Authority
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 682020.
Municipal Licensing (Balady Portal): Apply for the commercial premise license adhering to municipal shop, safety, and parking requirements under code 682020.
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 Property management company

Verification Parameter	Official Status	Verification Source
Commercial Code Mapping	✅ Standard Match	Mapped to primary activity `SSIC 682020`
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	Real Estate General Authority

Frequently Asked Questions (FAQ)

1. What is the official Saudi SSIC activity code for a Property management company?

The official primary classification code is SSIC 682020 (property management).

2. Can foreign investors open a Property management company 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 Property management company operations?

Supervision is overseen by Real Estate General Authority, 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 682020.

Related Real Estate & Property Management Businesses: Industrial Real Estate Agency · Property Developer

Official Source Attribution & Disclaimer

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

Primary Entity Reference: SSIC 682020 — property management

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.