SSIC 242051 activity

Production of alumina from nickel and copper

انتاج أكسيد الألمنيوم (ألومينا)من النيكل أو النحاس

Compliance Risk Score

90/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems
  • Nitaqat localization rules mapped
  • GOSI registration status verified

📌 Description

SSIC 242051: Production of alumina from nickel and copper. Supervised by Ministry Of Industry And Mineral Resources. Used for company registration, Nita...

📖 Description

SSIC code 242051Production of alumina from nickel and copper — classifies economic activities in this sector according to the Saudi national classification system.

Supervisory entity: Ministry Of Industry And Mineral Resources

Licensing entity: Ministry Of Industry And Mineral Resources

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

📋
Licensing

Permits from supervisory authorities

📊
Statistics

National reporting — GASTAT

FAQ

What is SSIC code 242051?

SSIC code 242051 corresponds to 'Production of alumina from nickel and copper' in the Saudi Standard Industrial Classification (SSIC), based on ISIC Rev.4 and maintained by GASTAT. It is a activity-level code used in business registration and government filings in Saudi Arabia.

When should I use SSIC 242051?

Use SSIC code 242051 when your main business activity is 'Production of alumina from nickel and copper'. 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 242051?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 242051. Rates were updated in 2025-2026 for most sectors.

📋 Data Source & Disclaimer

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.

This is an independent, free reference resource. Please verify critical information in official government sources before making legal or licensing decisions.