πŸ‡ΈπŸ‡¦ SaudiBizCode 2026
πŸ”
SSIC 949114 activity

Endowment Management

Ψ₯Ψ―Ψ§Ψ±Ψ© Ψ§Ω„ΩˆΩ‚Ω

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

πŸ“Œ Description

SSIC 949114: Endowment Management. Supervised by The General Authority for Awqaf. Used for company registration, Nitaqat, and licensing in Saudi Arabia.

πŸ“– Description

The activity includes all establishments operating in the field of endowment management, whether established by their owners or others. This activity encompasses the organization and monitoring of endowments affairs, as well as managing the expenditures from their revenues in specific areas according to the conditions set by The Endower.

Supervisory entity: The General Authority for Awqaf

Licensing entity: The General Authority for Awqaf

Occupations Related to this Activity

121302 Risk-Management Manager 121314 Project Management Manager 134935 Crowd Management Manager 214909 Project Management Engineer 232002 Business and Management Trainer 242102 Risk-Management Specialist 242104 Change Management Specialist

Related Codes

949113 Coordination Board for companies and Establishments of domestic pilgrims

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 949114?

SSIC code 949114 corresponds to 'Endowment Management' 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 949114?

Use SSIC code 949114 when your main business activity is 'Endowment Management'. 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 949114?

Saudization (Nitaqat) rates vary by sector and company size. Check the HRSD/Qiwa platform for the current rate applicable to SSIC code 949114. 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.
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