SSIC 749022 activity

Evaluation of machinery and equipment

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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

πŸ“Œ Description

SSIC 749022: Evaluation of machinery and equipment. Supervised by Saudi Authority of Accredited Valuers. Used for company registration, Nitaqat, and lic...

πŸ“– 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

When to use this code

🏒
Company Registration

Ministry of Commerce β€” Commercial Registration

🎯
Nitaqat

Saudization quotas by sector via Qiwa

πŸ“‹
Licensing

Permits from supervisory authorities

πŸ“Š
Statistics

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.

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.