Money management and keeping (for vehicles)
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Compliance Risk Score
80/100- Verified against GASTAT/Official source
- Updated for 2026 classification
- Complete hierarchy structure
- GOSI registration status verified
- Regulatory compliance requirements detailed
π Description
SSIC 691054: Money management and keeping (for vehicles). Supervised by Ministry of Justice. Used for company registration, Nitaqat, and licensing in Sa...
π Description
SSIC code 691054 β Money management and keeping (for vehicles) 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
Related Codes
When to use this code
Ministry of Commerce β Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting β GASTAT
FAQ
What is SSIC code 691054?
SSIC code 691054 corresponds to 'Money management and keeping (for vehicles)' 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 691054?
Use SSIC code 691054 when your main business activity is 'Money management and keeping (for vehicles)'. 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 691054?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 691054. Rates were updated in 2025-2026 for most sectors.
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.