Hotel villas
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Compliance Risk Score
80/100- Verified against GASTAT/Official source
- Updated for 2026 classification
- Complete hierarchy structure
- Has cross-references to other systems
- GOSI registration status verified
π Description
SSIC 551023: Hotel villas. Supervised by Ministry of Tourism. Used for company registration, Nitaqat, and licensing in Saudi Arabia.
π Description
SSIC code 551023 β Hotel villas β classifies economic activities in this sector according to the Saudi national classification system.
Supervisory entity: Ministry of Tourism
Licensing entity: Ministry of Tourism
Occupations Related to this Activity
Related Codes
When to use this code
Ministry of Commerce β Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting β GASTAT
FAQ
What is SSIC code 551023?
SSIC code 551023 corresponds to 'Hotel villas' 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 551023?
Use SSIC code 551023 when your main business activity is 'Hotel villas'. 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 551023?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 551023. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) β SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.