Saudi Arabia SSIC Code 106240: Production and refining of corn oil

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 106240

Executive Summary & Classification Scope

SSIC code 106240 designates Production and refining of corn oil (انتاج وتكرير زيت الذرة) under the official Saudi Standard Industrial Classification (January 2025 / 2026 Edition, based on UN ISIC Rev. 4) administered by the General Authority for Statistics (GASTAT).

Detailed Description: It is the process of extracting oil from corn grain and treating it with heat and chemicals to get rid of impurities

It serves as the mandatory regulatory benchmark for Commercial Registration (CR) with the Ministry of Commerce, MISA foreign investment licensing (allowing up to 100% foreign equity ownership), municipal permits on the Balady portal, and Nitaqat Saudization quota determinations by MHRSD.

Key Classification Facts

Parameter	Official Value
Saudi SSIC Code	`106240`
Official Title (EN)	Production and refining of corn oil
Official Title (AR)	انتاج وتكرير زيت الذرة
Classification Level	Activity
Section Category	Section C — Manufacturing
Parent Entity Code	`1062` — Manufacture of starches and starch products
Supervisory Authority	Ministry Of Industry And Mineral Resources
Licensing Entity	Ministry Of Industry And Mineral Resources
Standard Custodian	General Authority for Statistics (GASTAT)
Edition / Version	SSIC 2025 / 2026 Edition

Code	Title (EN)	Title (AR)	Details
`106211`	Manufacture of starch from corn	صناعة النشا من الذرة	View Code 106211 →
`106212`	Manufacture of starch from potatoes	صناعة النشا من البطاطا	View Code 106212 →
`106220`	Corn milling	طحن الذرة المنداة	View Code 106220 →
`106230`	Manufacture of glucose, glucose syrup, barley sugar (maltose) and gluten production	صناعة الجلوكوز وشراب الجلوكوز وسكر الشعير(الملتوز) وانتاج الجيلوتين	View Code 106230 →

Regulatory & Business Setup Use Cases in Saudi Arabia

Ministry of Commerce (MC): Required on your Saudi Commercial Registration (CR) to legally define the company’s business activities.
Ministry of Investment (MISA): Determines eligibility for 100% foreign-owned investment licenses and capital requirements. See our MISA Licensing Guide.
ZATCA Taxation & Zakat: Activity categorization for Corporate Income Tax (20%), Zakat (2.5%), and 15% VAT filing rules. See our ZATCA Tax Guide.
MHRSD / Qiwa (Nitaqat Quotas): Determines the required percentage of Saudi national employees. Check our Nitaqat Saudization Guide.
Balady Municipal Licensing: Establishes commercial shop, office, and warehouse zoning compliance.

Compliance & Regulatory Risk Assessment

Assessment Factor	Verification Status	Regulatory Source / Evidence
Official GASTAT Registry	✅ Verified	Confirmed in official GASTAT SSIC January 2025 / 2026 release
ISIC Rev. 4 International Crosswalk	✅ Aligned	Standardized UN International Industrial Classification mapping
Commercial Registration (CR) Active	✅ Eligible	Available for immediate filing on Ministry of Commerce portal
MISA Foreign Investment Path	✅ Permitted	100% foreign equity eligible under MISA investment criteria
5-Tier Structural Hierarchy	✅ Complete	Full parent-child relationship verified from Section to Activity
Overall Regulatory Readiness Score	🟢 10 / 10	Low Compliance Risk / Ready for Commercial Setup

Frequently Asked Questions (FAQ)

1. What does Saudi SSIC code 106240 cover?

SSIC 106240 covers Production and refining of corn oil (انتاج وتكرير زيت الذرة) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 106240?

Activities under this code fall under the supervision of Ministry Of Industry And Mineral Resources.

3. Can international investors establish a business with code 106240?

Yes. In most sectors, the Ministry of Investment (MISA) permits 100% foreign equity ownership. Refer to our MISA Guide for full requirements.

4. How does SSIC 106240 affect my company’s Nitaqat rating?

MHRSD calculates your Saudization tier based on your primary SSIC activity registered on your Commercial Registration.

Official Source Attribution & Disclaimer

Primary Data Source: General Authority for Statistics (GASTAT) — National Classification for Economic Activities.

Commercial Portal: Ministry of Commerce (MC)

This page is an independent reference resource. Cross-verify critical licensing details on official government portals before filing commercial applications.