🇸🇦 SaudiBizCode 2026
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SSIC 661102 activity

Securities depositary and settlement

إيداع وتسوية الأوراق المالية

Compliance Risk Score

85/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Nitaqat localization rules mapped
  • Regulatory compliance requirements detailed

📌 Description

SSIC 661102: Securities depositary and settlement. Supervised by Capital Market Authority. Used for company registration, Nitaqat, and licensing in Saud...

📖 Description

Registering the ownership and ownership rights of securities traded on the Exchange according to entries in the Depositary Center records in order to be protected against third party claims, and to offer securities settlement, clearing, custody activities in accordance with relevant laws and regulations.

Supervisory entity: Capital Market Authority

Licensing entity: Capital Market Authority

Occupations Related to this Activity

241310 Securities Trading Specialist 331102 Securities broker 241101 Accountant 241102 Cost Accountant 241103 ‎Staff Auditor

Related Codes

661101 Securities listing and trading 661103 Securities clearing

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

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Licensing

Permits from supervisory authorities

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Statistics

National reporting — GASTAT

FAQ

What is SSIC code 661102?

SSIC code 661102 corresponds to 'Securities depositary and settlement' 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 661102?

Use SSIC code 661102 when your main business activity is 'Securities depositary and settlement'. 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 661102?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 661102. Rates were updated in 2025-2026 for most sectors.

📋 Data Source & Disclaimer

Data source: General Authority for Statistics (GASTAT) — 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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