🇸🇦 SaudiBizCode 2026
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SSIC 661212 activity

Purchase and sale foreign currencies

شراء وبيع العملات الأجنبية

Compliance Risk Score

80/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems
  • GOSI registration status verified

📌 Description

SSIC 661212: Purchase and sale foreign currencies. Supervised by Saudi Central Bank. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

📖 Description

Exchange centers whose activity is limited to purchase, sale and trading of foreign currencies inside the Kingdom

Supervisory entity: Saudi Central Bank

Licensing entity: Saudi Central Bank

Occupations Related to this Activity

233003 Secondary Teacher of Foreign Language 233027 Intermediate School Teacher of Foreign Language 234103 Primary Teacher of Foreign Language 235301 Foreign Language Teacher 243102 Purchase Specialist

Related Codes

661213 Import and export of currencies 661214 Platforms for Trading, Buying and Selling of Carbon Credit Certificates 661221 Dealing in the securities business

When to use this code

🏢
Company Registration

Ministry of Commerce — Commercial Registration

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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 661212?

SSIC code 661212 corresponds to 'Purchase and sale foreign currencies' 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 661212?

Use SSIC code 661212 when your main business activity is 'Purchase and sale foreign currencies'. 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 661212?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 661212. 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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