Saudi Arabia SSIC Code 242043: Smelting, rolling, drawing, purifying, and casting lead, zinc, tin and their alloys.

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 242043

Executive Summary & Classification Scope

SSIC code 242043 designates Smelting, rolling, drawing, purifying, and casting lead, zinc, tin and their alloys. (صهر ودرفلة وسحب وتنقية وسبك الرصاص والزنك والقصديروخلائطها) 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	`242043`
Official Title (EN)	Smelting, rolling, drawing, purifying, and casting lead, zinc, tin and their alloys.
Official Title (AR)	صهر ودرفلة وسحب وتنقية وسبك الرصاص والزنك والقصديروخلائطها
Classification Level	Activity
Section Category	Section C — Manufacturing
Parent Entity Code	`2420` — Manufacture of precious and non-ferrous base metals.
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
`242011`	Production of precious raw metals from gold	انتاج المعادن الثمينة الخام من الذهب	View Code 242011 →
`242012`	Production of precious raw metals from silver	انتاج المعادن الثمينة الخام من الفضة	View Code 242012 →
`242013`	Production of precious raw metals from precious metals listed under platinum group metals.	انتاج المعادن الثمينة الخام من المعادن الثمينة الداخلة في مجموعة البلاتين	View Code 242013 →
`242021`	Production of wrought gold.	انتاج الذهب المشغول	View Code 242021 →
`242022`	production of wrought silver.	انتاج الفضة المشغول	View Code 242022 →
`242023`	Production of wrought Platinum.	انتاج البلاتين المشغول	View Code 242023 →
`242024`	Production of wrought Platinum group	انتاج مجموعة البلاتين المشغول	View Code 242024 →
`242031`	Untraditional metal works painted, covered or mixed with gold.	مصنوعات معدنية غير عادية مطلية أو مغطاة أو مخلوطة بالذهب	View Code 242031 →
`242032`	Untraditional metal works painted, covered or mixed with silver.	مصنوعات معدنية غير عادية مطلية أو مغطاة أو مخلوطة بالفضة	View Code 242032 →
`242033`	Untraditional metal works painted, covered or mixed with other precious metals.	مصنوعات معدنية غير عادية مطلية أو مغطاة أو مخلوطة بمعادن ثمينة أخرى	View Code 242033 →
`242041`	Smelting, rolling, drawing, purifying, and casting copper and its alloys.	صهر ودرفلة وسحب وتنقية وسبك النحاس وخلائطه	View Code 242041 →
`242042`	Smelting, rolling, drawing, purifying, and casting aluminum and its alloys.	صهر ودرفلة وسحب وتنقية وسبك الألمنيوم وخلائطه	View Code 242042 →

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 242043 cover?

SSIC 242043 covers Smelting, rolling, drawing, purifying, and casting lead, zinc, tin and their alloys. (صهر ودرفلة وسحب وتنقية وسبك الرصاص والزنك والقصديروخلائطها) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 242043?

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

3. Can international investors establish a business with code 242043?

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 242043 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.