Manufacture of precious and non-ferrous base metals.
صنع الفلزات الثمينة وغير الحديدية القاعدية
📌 Description
SSIC 242: Manufacture of precious and non-ferrous base metals.. Used for company registration, Nitaqat, and GOSI in Saudi Arabia.
📖 Description
SSIC code 242 — Manufacture of precious and non-ferrous base metals. — classifies economic activities in this sector according to the Saudi national classification system.
Sub-categories (1)
When to use this code
Ministry of Commerce — Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting — GASTAT
FAQ
What is SSIC code 242?
SSIC code 242 corresponds to 'Manufacture of precious and non-ferrous base metals.' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a group-level code used in business registration and government filings in Saudi Arabia.
When should I use SSIC 242?
Use SSIC code 242 when your main business activity is 'Manufacture of precious and non-ferrous base metals.'. You will need it for: company registration at the Ministry of Commerce, Nitaqat Saudization compliance, GOSI registration, and statistical reporting.
What Saudization rate applies to SSIC 242?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 242. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.