πŸ‡ΈπŸ‡¦ SaudiBizCode 2026
πŸ”
SSIC 649223 activity

Productive assets financing

ΨͺΩ…ΩˆΩŠΩ„ Ψ§Ω„Ψ£Ψ΅ΩˆΩ„ Ψ§Ω„Ψ₯Ω†Ψͺاجية

Compliance Risk Score

100/100
  • 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
  • Regulatory compliance requirements detailed

πŸ“Œ Description

SSIC 649223: Productive assets financing. Supervised by Saudi Central Bank. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

πŸ“– Description

SSIC code 649223 β€” Productive assets financing β€” classifies economic activities in this sector according to the Saudi national classification system.

Supervisory entity: Saudi Central Bank

Licensing entity: Saudi Central Bank

Occupations Related to this Activity

241101 Accountant 241102 Cost Accountant 241103 β€ŽStaff Auditor 241104 β€ŽTreasurer 241105 - External Auditor 241106 β€ŽComptroller 241107 Budget Specialist

Related Codes

649221 Real estate financing 649222 Real estate refinancing 649224 SMEs activities financing 649225 Credit card financing 649226 Consumer financing 649227 Microfinance

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 649223?

SSIC code 649223 corresponds to 'Productive assets financing' 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 649223?

Use SSIC code 649223 when your main business activity is 'Productive assets financing'. 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 649223?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 649223. 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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