Valuation of Gemstones and Precious Metals
ุชูููู ุงูู ุนุงุฏู ุงูุซู ููุฉ ูุงูุงุญุฌุงุฑ ุงููุฑูู ุฉ
Compliance Risk Score
35/100- Complete hierarchy structure
- Has cross-references to other systems
- Nitaqat localization rules mapped
๐ Description
SSIC 749024: Valuation of Gemstones and Precious Metals. Supervised by Saudi Authority of Accredited Valuers. Used for company registration, Nitaqat, an...
๐ Description
The act or process of estimating the value of Gemstones and Precious Metals of various types and varieties โwhether loose .or set in jewelry, natural or manufacturedโaccording 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 โ Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting โ GASTAT
FAQ
What is SSIC code 749024?
SSIC code 749024 corresponds to 'Valuation of Gemstones and Precious Metals' 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 749024?
Use SSIC code 749024 when your main business activity is 'Valuation of Gemstones and Precious Metals'. 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 749024?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 749024. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) โ SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.