πŸ‡ΈπŸ‡¦ SaudiBizCode 2026
πŸ”
SSIC 551060 activity

Timeshare units

وحداΨͺ Ψ§Ω„Ω…Ψ΄Ψ§Ψ±ΩƒΨ© Ψ¨Ψ§Ω„ΩˆΩ‚Ψͺ

Compliance Risk Score

75/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems

πŸ“Œ Description

SSIC 551060: Timeshare units. Supervised by Ministry of Tourism. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

πŸ“– Description

SSIC code 551060 β€” Timeshare units 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

311705 Mines & Quarries Control Units Operator 511101 Flight Attendant 511102 Marine Stewardess 511103 Private Flight Attendant 511201 Transportation Tickets Seller 511202 Transportation Ticket Inspector

Related Codes

551011 Hotels 551013 Heritage hotels 551014 Wellness hotels 551015 Boutique hotels 551022 Hotel apartments 551023 Hotel villas

When to use this code

🏒
Company Registration

Ministry of Commerce β€” Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

πŸ“‹
Licensing

Permits from supervisory authorities

πŸ“Š
Statistics

National reporting β€” GASTAT

FAQ

What is SSIC code 551060?

SSIC code 551060 corresponds to 'Timeshare units' 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 551060?

Use SSIC code 551060 when your main business activity is 'Timeshare units'. 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 551060?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 551060. Rates were updated in 2025-2026 for most sectors.

πŸ“‹ Data Source & Disclaimer

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.

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