🇸🇦 SaudiBizCode 2026
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SSIC 681041 activity

Residential Real estate development using modern construction method

التطوير العقاري للمباني السكنية بأساليب البناء الحديثة

Compliance Risk Score

45/100
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Nitaqat localization rules mapped

📌 Description

SSIC 681041: Residential Real estate development using modern construction method. Supervised by Ministry of Municipal and Rural Affairs. Used for compa...

📖 Description

Residential real estate development using modern methods of construction to transfer the effort expended in construction operations from construction site to supervised manufacturing facilities Such as (Purchasing lands, arranging for project financing and agreement with construction contractors), and does not include construction activity

Supervisory entity: Ministry of Municipal and Rural Affairs

Licensing entity: Ministry of Municipal and Rural Affairs

Occupations Related to this Activity

331202 Real-estate Funding Officer 331504 Real Estate Appraiser 333401 Real Estate Supervisor 333402 Real Estate Agent 333403 Real estate broker 121207 Human Resources Development Manager 121213 Institutional Development Manager

Related Codes

681010 Buying and selling land and real estate, dividing them and off-plan sales activities 681021 Management and leasing of owned or rented properties (residential) 681022 Management and leasing of owned or leased properties (non-residential) 681024 Management and leasing of Self storage units 681042 Commercial Real estate development using modern construction methods 681043 Real estate contributions

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 681041?

SSIC code 681041 corresponds to 'Residential Real estate development using modern construction method' 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 681041?

Use SSIC code 681041 when your main business activity is 'Residential Real estate development using modern construction method'. 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 681041?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 681041. 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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