πŸ‡ΈπŸ‡¦ SaudiBizCode 2026
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SSIC 691051 activity

Money management and keeping (for real estate)

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Compliance Risk Score

90/100
  • Verified against GASTAT/Official source
  • Updated for 2026 classification
  • Complete hierarchy structure
  • Has cross-references to other systems
  • GOSI registration status verified
  • Regulatory compliance requirements detailed

πŸ“Œ Description

SSIC 691051: Money management and keeping (for real estate). Supervised by Ministry of Justice. Used for company registration, Nitaqat, and licensing in...

πŸ“– Description

SSIC code 691051 β€” Money management and keeping (for real estate) β€” classifies economic activities in this sector according to the Saudi national classification system.

Supervisory entity: Ministry of Justice

Licensing entity: Ministry of Justice

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 121302 Risk-Management Manager

Related Codes

691010 legal representation and advice 691020 general preparation of legal documents 691030 patents 691041 Notification of declarations, dates, orders and judicial documents required for execution 691042 Judicial storage to save money 691043 Delivery of moveable assets by the lessor

When to use this code

🏒
Company Registration

Ministry of Commerce β€” 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 β€” GASTAT

FAQ

What is SSIC code 691051?

SSIC code 691051 corresponds to 'Money management and keeping (for real estate)' 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 691051?

Use SSIC code 691051 when your main business activity is 'Money management and keeping (for real estate)'. 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 691051?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 691051. Rates were updated in 2025-2026 for most sectors.

πŸ“‹ Data Source & Disclaimer

Data source: General Authority for Statistics (GASTAT) β€” 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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