Money management and keeping (for medical establishment)
إدارة المال وحفظه للمنشآت الطبية
Compliance Risk Score
70/100- Verified against GASTAT/Official source
- Complete hierarchy structure
- Has cross-references to other systems
- Nitaqat localization rules mapped
- GOSI registration status verified
📌 Description
SSIC 691053: Money management and keeping (for medical establishment). Supervised by Ministry of Justice. Used for company registration, Nitaqat, and li...
📖 Description
SSIC code 691053 — Money management and keeping (for medical establishment) — 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
Related Codes
When to use this code
Ministry of Commerce — Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting — GASTAT
FAQ
What is SSIC code 691053?
SSIC code 691053 corresponds to 'Money management and keeping (for medical establishment)' 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 691053?
Use SSIC code 691053 when your main business activity is 'Money management and keeping (for medical establishment)'. 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 691053?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 691053. Rates were updated in 2025-2026 for most sectors.
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.