Saudi Arabia SSIC Code 773042: renting and operational leasing of hot-air balloons

Saudi Standard Industrial Classification (SSIC 2026)
Classification Level: Activity | Official Code: 773042

Executive Summary & Classification Scope

SSIC code 773042 designates renting and operational leasing of hot-air balloons (تأجير وتشغيل المناطيد) under the official Saudi Standard Industrial Classification (January 2025 / 2026 Edition, based on UN ISIC Rev. 4) administered by the General Authority for Statistics (GASTAT).

Detailed Description: This license is granted to entities to operate and rent airships

It serves as the mandatory regulatory benchmark for Commercial Registration (CR) with the Ministry of Commerce, MISA foreign investment licensing (allowing up to 100% foreign equity ownership), municipal permits on the Balady portal, and Nitaqat Saudization quota determinations by MHRSD.

Key Classification Facts

Parameter	Official Value
Saudi SSIC Code	`773042`
Official Title (EN)	renting and operational leasing of hot-air balloons
Official Title (AR)	تأجير وتشغيل المناطيد
Classification Level	Activity
Section Category	Section N — Administrative and support service activities
Parent Entity Code	`7730` — Renting and leasing of other machinery, equipment and tangible goods
Supervisory Authority	General Authority of Civil Aviation
Licensing Entity	General Authority of Civil Aviation
Standard Custodian	General Authority for Statistics (GASTAT)
Edition / Version	SSIC 2025 / 2026 Edition

Code	Title (EN)	Title (AR)	Details
`773011`	renting and operational leasing of engines and turbines	تأجير المحركات والتربينات	View Code 773011 →
`773012`	renting and operational leasing of machine tools	تأجير المعدات ذات المحركات	View Code 773012 →
`773014`	renting and operational leasing of professional radio, television and communication equipment	تأجير أجهزة الإذاعة والتلفزيون والاتصالات	View Code 773014 →
`773015`	renting and operational leasing of motion picture production equipment	تأجير معدات إنتاج الأفلام السينمائية	View Code 773015 →
`773016`	renting and operational leasing of measuring and controlling equipment	تأجير أجهزة القياس والسيطرة	View Code 773016 →
`773021`	renting and operational leasing of motorcycles, caravans and campers	تأجير الدراجات النارية والكرفانات	View Code 773021 →
`773043`	Renting of unmanned aerial vehicles	تأجير الطائرات بدون طيار	View Code 773043 →
`773050`	renting and operational leasing of agricultural and forestry machinery and equipment without operator	تأجير وتشغيل معدات الزراعة والحراجة بدون مشغل	View Code 773050 →
`773061`	renting and operational leasing of crane lorries	تأجير الرافعات لأغراض إنشائية	View Code 773061 →
`773062`	renting and operational leasing of scaffolds and work platforms, without erection and dismantling	تأجير أرصفة العمل والسقالات (بدون التركيب والتفكيك)	View Code 773062 →
`773071`	renting and operational leasing of computers and computer peripheral equipment	تأجير الحاسوب والأجهزته الملحقة	View Code 773071 →
`773072`	renting and operational leasing of duplicating machines, typewriters and word-processing machines	تأجير آلات التصوير وآلات الطباعة وآلات معالجة الكلمات	View Code 773072 →

Regulatory & Business Setup Use Cases in Saudi Arabia

Ministry of Commerce (MC): Required on your Saudi Commercial Registration (CR) to legally define the company’s business activities.
Ministry of Investment (MISA): Determines eligibility for 100% foreign-owned investment licenses and capital requirements. See our MISA Licensing Guide.
ZATCA Taxation & Zakat: Activity categorization for Corporate Income Tax (20%), Zakat (2.5%), and 15% VAT filing rules. See our ZATCA Tax Guide.
MHRSD / Qiwa (Nitaqat Quotas): Determines the required percentage of Saudi national employees. Check our Nitaqat Saudization Guide.
Balady Municipal Licensing: Establishes commercial shop, office, and warehouse zoning compliance.

Compliance & Regulatory Risk Assessment

Assessment Factor	Verification Status	Regulatory Source / Evidence
Official GASTAT Registry	✅ Verified	Confirmed in official GASTAT SSIC January 2025 / 2026 release
ISIC Rev. 4 International Crosswalk	✅ Aligned	Standardized UN International Industrial Classification mapping
Commercial Registration (CR) Active	✅ Eligible	Available for immediate filing on Ministry of Commerce portal
MISA Foreign Investment Path	✅ Permitted	100% foreign equity eligible under MISA investment criteria
5-Tier Structural Hierarchy	✅ Complete	Full parent-child relationship verified from Section to Activity
Overall Regulatory Readiness Score	🟢 10 / 10	Low Compliance Risk / Ready for Commercial Setup

Frequently Asked Questions (FAQ)

1. What does Saudi SSIC code 773042 cover?

SSIC 773042 covers renting and operational leasing of hot-air balloons (تأجير وتشغيل المناطيد) under Saudi Arabia’s official industrial classification system.

2. Which authority regulates activities under SSIC 773042?

Activities under this code fall under the supervision of General Authority of Civil Aviation.

3. Can international investors establish a business with code 773042?

Yes. In most sectors, the Ministry of Investment (MISA) permits 100% foreign equity ownership. Refer to our MISA Guide for full requirements.

4. How does SSIC 773042 affect my company’s Nitaqat rating?

MHRSD calculates your Saudization tier based on your primary SSIC activity registered on your Commercial Registration.

Official Source Attribution & Disclaimer

Primary Data Source: General Authority for Statistics (GASTAT) — National Classification for Economic Activities.

Commercial Portal: Ministry of Commerce (MC)

This page is an independent reference resource. Cross-verify critical licensing details on official government portals before filing commercial applications.