Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 681043
SSIC code 681043 designates Real estate contributions (المساهمات العقارية) 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: A real estate development project in which a group of people participates in order to achieve a benefit, and that is by owning a property and developing it into residential, commercial, industrial, agricultural, etc., then selling and ending the contribution, and this does not include real estate investment funds
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.
| Parameter | Official Value |
|---|---|
| Saudi SSIC Code | 681043 |
| Official Title (EN) | Real estate contributions |
| Official Title (AR) | المساهمات العقارية |
| Classification Level | Activity |
| Section Category | Section L — Real estate activities |
| Parent Entity Code | 6810 — Real estate activities with own or leased property |
| Supervisory Authority | Real Estate General Authority |
| Licensing Entity | Real Estate General Authority |
| Standard Custodian | General Authority for Statistics (GASTAT) |
| Edition / Version | SSIC 2025 / 2026 Edition |
| Code | Title (EN) | Title (AR) | Details |
|---|---|---|---|
681010 | Buying and selling land and real estate, dividing them and off-plan sales activities | بيع وتأجير مشروعات عقارية على الخارطة | View Code 681010 → |
681021 | Management and leasing of owned or rented properties (residential) | إدارة وتاجير العقارات المملوكة أو المؤجرة (سكنية ) | View Code 681021 → |
681022 | Management and leasing of owned or leased properties (non-residential) | إدارة وتاجير العقارات المملوكة او المؤجرة (غير سكنية ) | View Code 681022 → |
681024 | Management and leasing of Self storage units | إدارة وتأجير المخازن ذاتية التخزين | View Code 681024 → |
681041 | Residential Real estate development using modern construction method | التطوير العقاري للمباني السكنية بأساليب البناء الحديثة | View Code 681041 → |
681042 | Commercial Real estate development using modern construction methods | التطوير العقاري للمباني التجارية بأساليب البناء الحديثة | View Code 681042 → |
| 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 |
SSIC 681043 covers Real estate contributions (المساهمات العقارية) under Saudi Arabia’s official industrial classification system.
Activities under this code fall under the supervision of Real Estate General Authority.
Yes. In most sectors, the Ministry of Investment (MISA) permits 100% foreign equity ownership. Refer to our MISA Guide for full requirements.
MHRSD calculates your Saudization tier based on your primary SSIC activity registered on your Commercial Registration.
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.