Business activity code
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Business activity code (called also NACE code in European Union) is specific and detailed code that each registered company has. It gives information about principal area of company operations and it supports classification of enterprises. The code determines from which activity business gains the highest sum of gross receipts. It is also used for tax purposes [1][2].
Areas of business activities
Below are listed all business activities based on the North American Industry Classification System. Under each area such as Manufacturing, there are categories such as Food manufacturing etc. Codes are assigned to subcategories, for example under Food manufacturing there is assigned 8 subcategories, first of them is Animal Food Mfg with code 3111100. In total there is more than 400 codes which specify business areas[3][4]:
- Agriculture, Forestry, Fishing, and Hunting
- Crop Production
- Animal Production
- Forestry and Logging
- Fishing, Hunting and Trapping
- Support Activities for Agriculture and Forestry
- Mining
- Utilities
- Construction
- Construction of Buildings
- Heavy and Civil Engineering Construction
- Specialty Trade Contractors
- Manufacturing
- Food Manufacturing
- Beverage and Tobacco Product Manufacturing
- Textile Mills and Textile Product Mills
- Apparel Manufacturing
- Leather and Allied Product Manufacturing
- Wood Product Manufacturing
- Paper Manufacturing
- Printing and Related Support Activities
- Petroleum and Coal Products Manufacturing
- Chemical Manufacturing
- Plastics and Rubber Products Manufacturing
- Nonmetallic Mineral Product Manufacturing
- Primary Metal Manufacturing
- Fabricated Metal Product Manufacturing
- Machinery Manufacturing
- Computer and Electronic Product Manufacturing
- Electrical Equipment, Appliance, and Component Manufacturing
- Transportation Equipment Manufacturing
- Furniture and Related Product Manufacturing
- Miscellaneous Manufacturing
- Wholesale Trade
- Merchant Wholesalers, Durable Goods
- Merchant Wholesalers, Nondurable Goods
- Wholesale Electronic Markets and Agents and Brokers
- Retail Trade
- Motor Vehicle and Parts Dealers
- Furniture and Home Furnishings Stores
- Electronics and Appliance Stores
- Building Material and Garden Equipment and Supplies Dealers
- Food and Beverage Stores
- Health and Personal Care Stores
- Gasoline Stations
- Clothing and Clothing Accessories Stores
- Sporting Goods, Hobby, Book, and Music Stores
- General Merchandise Stores
- Miscellaneous Store Retailers
- Nonstore Retailers
- Transportation and Warehousing
- Air, Rail, and Water Transportation
- Truck Transportation
- Transit and Ground Passenger Transportation
- Pipeline Transportation
- Scenic & Sightseeing Transportation
- Support Activities for Transportation
- Couriers and Messengers
- Warehousing and Storage
- Information
- Publishing Industries (except Internet)
- Motion Picture and Sound Recording Industries
- Telecommunications
- Broadcasting (except Internet)
- Data Processing Services
- Other Information Services
- Finance and Insurance
- Depository Credit Intermediation
- Nondepository Credit Intermediation
- Activities Related to Credit Intermediation
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities
- Insurance Carriers and Related Activities
- Funds, Trusts, and Other Financial Vehicles
- Real Estate and Rental and Leasing
- Real Estate
- Rental and Leasing Services
- Lessors of Nonfinancial Intangible Assets (except copyrighted works)
- Professional, Scientific, and Technical Services
- Legal Services
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services
- Architectural, Engineering, and Related Services
- Specialized Design Services
- Computer Systems Design and Related Services
- Other Professional, Scientific, and Technical Services
- Management of Companies (Holding Companies)
- Administrative and Support and Waste Management and Remediation Services
- Administrative and Support Services
- Waste Management and Remediation Services
- Educational Services
- Health Care and Social Assistance
- Offices of Physicians and Dentists
- Offices of Other Health Practitioners
- Outpatient Care Centers
- Medical and Diagnostic Laboratories
- Home Health Care Services
- Other Ambulatory Health Care Services
- Hospitals
- Nursing and Residential Care Facilities
- Social Assistance
- Arts, Entertainment, and Recreation
- Performing Arts, Spectator Sports, and Related Industries
- Performing Arts, Spectator Sports, and Related Industries
- Amusement, Gambling, and Recreation Industries
- Amusement, Gambling, and Recreation Industries
- Accommodation
- Food Services and Drinking Places
- Other Services
- Repair and Maintenance
- Personal and Laundry Services
- Religious, Grantmaking, Civic, Professional, and Similar Organizations
Author: Ewelina Gał
Footnotes
References
- Department of the Treasury Internal Revenue Service, (2019), 2018 Instructions for Form 1120. U.S. Corporation Income Tax Return, Cat. No. 11455T, Department of the Treasury Internal Revenue Service
- Department of the Treasury Internal Revenue Service, (2006), Return of Partnership Income, Publication Catalog Number 4 4505 (Rev. 03-2007) 7622W Cat. No. 47622W, Department of the Treasury Internal Revenue Service
- Franchise Tax Board State of California, (2015), California Forms & Instructions. 2015 Corporation Tax Booklet, Franchise Tax Board State of California
- Green G. D. (1997), ISO 9000 Quality Systems Auditing, Gower Publishing, Ltd.
- Kess S., Weltman B., (2008), Preparation and Planning Guides, CCH
