Saudi Arabia SSIC Code 649914: Registration and preservation of mortgage financing instruments

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 649914

Executive Summary & Classification Scope

SSIC code 649914 designates Registration and preservation of mortgage financing instruments (تسجيل وحفظ صكوك التمويل العقاري) under the official Saudi Standard Industrial Classification (January 2025 / 2026 Edition, based on UN ISIC Rev. 4) administered by the General Authority for Statistics (GASTAT).

It serves as the mandatory regulatory benchmark for Commercial Registration (CR) with the Ministry of Commerce, MISA foreign investment licensing (allowing up to 100% foreign equity ownership), municipal permits on the Balady portal, and Nitaqat Saudization quota determinations by MHRSD.

Key Classification Facts

Parameter	Official Value
Saudi SSIC Code	`649914`
Official Title (EN)	Registration and preservation of mortgage financing instruments
Official Title (AR)	تسجيل وحفظ صكوك التمويل العقاري
Classification Level	Activity
Section Category	Section K — Financial and insurance activities
Parent Entity Code	`6499` — Other financial service activities, except insurance and pension funding activities, n.e.c.
Supervisory Authority	Saudi Central Bank
Licensing Entity	Saudi Central Bank
Standard Custodian	General Authority for Statistics (GASTAT)
Edition / Version	SSIC 2025 / 2026 Edition

Code	Title (EN)	Title (AR)	Details
`649913`	activities of viatical settlement companies	التسويات المالية والتعويضات	View Code 649913 →
`649915`	Finance Aggregator Service	الوساطة الرقمية	View Code 649915 →
`649916`	Finance Debt Collection Service Provider	تحصيل ديون جهات التمويل	View Code 649916 →
`649921`	Own-account investment activities such as by venture capital companies, investment clubs	أنشطة الاستثمار للحساب الخاص للوحدات المعنية ، يشمل شركات رؤوس الأموال المجازفة، ونوادي الاستثمار	View Code 649921 →
`649922`	Investment companies activities	أنشطة الشركات الاستثمارية	View Code 649922 →

Regulatory & Business Setup Use Cases in Saudi Arabia

Ministry of Commerce (MC): Required on your Saudi Commercial Registration (CR) to legally define the company’s business activities.
Ministry of Investment (MISA): Determines eligibility for 100% foreign-owned investment licenses and capital requirements. See our MISA Licensing Guide.
ZATCA Taxation & Zakat: Activity categorization for Corporate Income Tax (20%), Zakat (2.5%), and 15% VAT filing rules. See our ZATCA Tax Guide.
MHRSD / Qiwa (Nitaqat Quotas): Determines the required percentage of Saudi national employees. Check our Nitaqat Saudization Guide.
Balady Municipal Licensing: Establishes commercial shop, office, and warehouse zoning compliance.

Compliance & Regulatory Risk Assessment

Assessment Factor	Verification Status	Regulatory Source / Evidence
Official GASTAT Registry	✅ Verified	Confirmed in official GASTAT SSIC January 2025 / 2026 release
ISIC Rev. 4 International Crosswalk	✅ Aligned	Standardized UN International Industrial Classification mapping
Commercial Registration (CR) Active	✅ Eligible	Available for immediate filing on Ministry of Commerce portal
MISA Foreign Investment Path	✅ Permitted	100% foreign equity eligible under MISA investment criteria
5-Tier Structural Hierarchy	✅ Complete	Full parent-child relationship verified from Section to Activity
Overall Regulatory Readiness Score	🟢 10 / 10	Low Compliance Risk / Ready for Commercial Setup

Frequently Asked Questions (FAQ)

1. What does Saudi SSIC code 649914 cover?

SSIC 649914 covers Registration and preservation of mortgage financing instruments (تسجيل وحفظ صكوك التمويل العقاري) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 649914?

Activities under this code fall under the supervision of Saudi Central Bank.

3. Can international investors establish a business with code 649914?

Yes. In most sectors, the Ministry of Investment (MISA) permits 100% foreign equity ownership. Refer to our MISA Guide for full requirements.

4. How does SSIC 649914 affect my company’s Nitaqat rating?

MHRSD calculates your Saudization tier based on your primary SSIC activity registered on your Commercial Registration.

Official Source Attribution & Disclaimer

Primary Data Source: General Authority for Statistics (GASTAT) — National Classification for Economic Activities.

Commercial Portal: Ministry of Commerce (MC)

This page is an independent reference resource. Cross-verify critical licensing details on official government portals before filing commercial applications.