Retail sale of watches of all kinds
البيع بالتجزئة للساعات بأنواعها
Compliance Risk Score
90/100- Verified against GASTAT/Official source
- Updated for 2026 classification
- Complete hierarchy structure
- Nitaqat localization rules mapped
- GOSI registration status verified
- Regulatory compliance requirements detailed
📌 Description
SSIC 477331: Retail sale of watches of all kinds. Supervised by Ministry of Commerce. Used for company registration, Nitaqat, and licensing in Saudi Ara...
📖 Description
SSIC code 477331 — Retail sale of watches of all kinds — classifies economic activities in this sector according to the Saudi national classification system.
Supervisory entity: Ministry of Commerce
Licensing entity: Ministry of Commerce
Occupations Related to this Activity
Related Codes
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 477331?
SSIC code 477331 corresponds to 'Retail sale of watches of all kinds' 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 477331?
Use SSIC code 477331 when your main business activity is 'Retail sale of watches of all kinds'. 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 477331?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 477331. 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.