πŸ‡ΈπŸ‡¦ SaudiBizCode 2026
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SSIC 649233 activity

Buy Now Pay Later

الدفع Ψ§Ω„Ψ’Ψ¬Ω„

Compliance Risk Score

60/100
  • Verified against GASTAT/Official source
  • Complete hierarchy structure
  • Nitaqat localization rules mapped
  • GOSI registration status verified

πŸ“Œ Description

SSIC 649233: Buy Now Pay Later. Supervised by Saudi Central Bank. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

πŸ“– Description

A type of financing that allows a consumer to purchase goods or services without a term cost payable by the consumer

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

Related Codes

649221 Real estate financing 649222 Real estate refinancing 649223 Productive assets financing 649224 SMEs activities financing 649225 Credit card financing 649226 Consumer financing

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 649233?

SSIC code 649233 corresponds to 'Buy Now Pay Later' 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 649233?

Use SSIC code 649233 when your main business activity is 'Buy Now Pay Later'. 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 649233?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 649233. 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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