Saudi Arabia SSIC Code 241022: Manufacture of pure iron by chemical processes

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 241022

Executive Summary & Classification Scope

SSIC code 241022 designates Manufacture of pure iron by chemical processes (صناعة الحديد النقي بواسطة العمليات الكيميائية) 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).

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	`241022`
Official Title (EN)	Manufacture of pure iron by chemical processes
Official Title (AR)	صناعة الحديد النقي بواسطة العمليات الكيميائية
Classification Level	Activity
Section Category	Section C — Manufacturing
Parent Entity Code	`2410` — Manufacture of base iron and steel
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
`241011`	Manufacture of primary iron products in form of granules and powders	صناعة منتجات أولية من الحديد على شكل حبيبات ومساحيق	View Code 241011 →
`241012`	Manufacture of primary iron products in form of blocks of pillars and residues after re-smelting	صناعة منتجات أولية من الحديد على شكل كتل من الركائز والمخلفات بعد إعادة صهرها	View Code 241012 →
`241021`	Manufacture of pure iron by electrolysis	صناعة الحديد النقي بواسطة التحليل الكهربائي	View Code 241021 →
`241023`	Manufacture of non-polished iron	صناعة الحديد غير المصقول	View Code 241023 →
`241024`	Manufacture of sponge iron	صناعة الحديد الإسفنجي	View Code 241024 →
`241025`	Manufacture of cast iron including steel and cast iron castings	صناعة حديد الزهر ما في ذلك مسبوكات حديد الصلب والزهر	View Code 241025 →
`241030`	Manufacture of products from iron, steel…etc., by pulling, extrusion or metal-rolling	صناعة منتجات من الحديد أو من الصلب …الخ ، بواسطة السحب أو البثق أو الدرفلة	View Code 241030 →
`241040`	Manufacture of lacy sheets, rolls and coils and all types of rods, feathers, wires and angles	صناعة صفائح وألواح ولفائف شريطية وقضبان وأسـياخ وزوايا وأسلاك ومقاطع بكافة أشكالها	View Code 241040 →
`241050`	Manufacture of pipes, tubes and hollow shapes from iron and steel	صناعة الأنابيب والمواسير والأشكال المجوفة من الحديد والصلب	View Code 241050 →
`241060`	Manufacture of railway supplies, includes (rolled rails… etc.)	صناعة لوازم خطوط السكك الحديدية ، يشمل ( القضبان المجمعة… الخ )	View Code 241060 →

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 241022 cover?

SSIC 241022 covers Manufacture of pure iron by chemical processes (صناعة الحديد النقي بواسطة العمليات الكيميائية) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 241022?

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

3. Can international investors establish a business with code 241022?

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 241022 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.