Installation and maintenance of banking and monetary devices and equipment
تركيب وصيانة الأجهزة والمعدات الالية المصرفية والنقدية
Compliance Risk Score
65/100- Updated for 2026 classification
- Complete hierarchy structure
- Has cross-references to other systems
- Nitaqat localization rules mapped
- Regulatory compliance requirements detailed
📌 Description
SSIC 331296: Installation and maintenance of banking and monetary devices and equipment. Supervised by Saudi Central Bank. Used for company registration...
📖 Description
Installation & Maintenance the equipment related to Banking and cash management solutions including related parts.
Supervisory entity: Saudi Central Bank
Licensing entity: Saudi Central Bank
Occupations Related to this Activity
Related Codes
When to use this code
Ministry of Commerce — Commercial Registration
Saudization quotas by sector via Qiwa
Permits from supervisory authorities
National reporting — GASTAT
FAQ
What is SSIC code 331296?
SSIC code 331296 corresponds to 'Installation and maintenance of banking and monetary devices 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 331296?
Use SSIC code 331296 when your main business activity is 'Installation and maintenance of banking and monetary devices 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 331296?
Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 331296. Rates were updated in 2025-2026 for most sectors.
Data source: General Authority for Statistics (GASTAT) — SSIC/SSCO 2026 Edition.
This data is cross-checked with Qiwa, HRSD, and ZATCA portals to ensure accuracy for business compliance.