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Saudi Arabia SSIC Code 681022: Management and leasing of owned or leased properties (non-residential)

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 681022

Executive Summary & Classification Scope

SSIC code 681022 designates Management and leasing of owned or leased properties (non-residential) (إدارة وتاجير العقارات المملوكة او المؤجرة (غير سكنية )) 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).

Detailed Description: Management and leasing of owned or leased properties (non-residential)

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

ParameterOfficial Value
Saudi SSIC Code681022
Official Title (EN)Management and leasing of owned or leased properties (non-residential)
Official Title (AR)إدارة وتاجير العقارات المملوكة او المؤجرة (غير سكنية )
Classification LevelActivity
Section CategorySection L — Real estate activities
Parent Entity Code6810 — Real estate activities with own or leased property
Supervisory AuthorityReal Estate General Authority
Licensing EntityReal Estate General Authority
Standard CustodianGeneral Authority for Statistics (GASTAT)
Edition / VersionSSIC 2025 / 2026 Edition
CodeTitle (EN)Title (AR)Details
681010Buying and selling land and real estate, dividing them and off-plan sales activitiesبيع وتأجير مشروعات عقارية على الخارطةView Code 681010 →
681021Management and leasing of owned or rented properties (residential)إدارة وتاجير العقارات المملوكة أو المؤجرة (سكنية )View Code 681021 →
681024Management and leasing of Self storage unitsإدارة وتأجير المخازن ذاتية التخزينView Code 681024 →
681041Residential Real estate development using modern construction methodالتطوير العقاري للمباني السكنية بأساليب البناء الحديثةView Code 681041 →
681042Commercial Real estate development using modern construction methodsالتطوير العقاري للمباني التجارية بأساليب البناء الحديثةView Code 681042 →
681043Real estate contributionsالمساهمات العقاريةView Code 681043 →

Regulatory & Business Setup Use Cases in Saudi Arabia

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

Compliance & Regulatory Risk Assessment

Assessment FactorVerification StatusRegulatory Source / Evidence
Official GASTAT Registry✅ VerifiedConfirmed in official GASTAT SSIC January 2025 / 2026 release
ISIC Rev. 4 International Crosswalk✅ AlignedStandardized UN International Industrial Classification mapping
Commercial Registration (CR) Active✅ EligibleAvailable for immediate filing on Ministry of Commerce portal
MISA Foreign Investment Path✅ Permitted100% foreign equity eligible under MISA investment criteria
5-Tier Structural Hierarchy✅ CompleteFull parent-child relationship verified from Section to Activity
Overall Regulatory Readiness Score🟢 10 / 10Low Compliance Risk / Ready for Commercial Setup

Frequently Asked Questions (FAQ)

1. What does Saudi SSIC code 681022 cover?

SSIC 681022 covers Management and leasing of owned or leased properties (non-residential) (إدارة وتاجير العقارات المملوكة او المؤجرة (غير سكنية )) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 681022?

Activities under this code fall under the supervision of Real Estate General Authority.

3. Can international investors establish a business with code 681022?

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 681022 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.