Evaluation of machinery and equipment
ΨͺΩΩΩΩ Ψ§ΩΨ’ΩΨ§Ψͺ ΩΨ§ΩΩ ΨΉΨ―Ψ§Ψͺ
Compliance Risk Score
80/100- Verified against GASTAT/Official source
- Updated for 2026 classification
- Complete hierarchy structure
- Has cross-references to other systems
- GOSI registration status verified
π Description
SSIC 749022: Evaluation of machinery and equipment. Supervised by Saudi Authority of Accredited Valuers. Used for company registration, Nitaqat, and lic...
π Description
The act or process of estimating the value of various machinery and equipment and all related interests, rights and liabilities β weather individual or combined β used, for example, in industrial, production and transportation purposes, or assisting operational, administrative and supply services, according to specific purpose and basis of value.
Supervisory entity: Saudi Authority of Accredited Valuers
Licensing entity: Ministry of Municipal and Rural Affairs
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 749022?
SSIC code 749022 corresponds to 'Evaluation of machinery and equipment' 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 749022?
Use SSIC code 749022 when your main business activity is 'Evaluation of machinery and equipment'. 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 749022?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 749022. 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.