Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 64300 - Trusts, funds and other financial vehicles
National Industrial Classification 2008 (NIC-2008) Code 64300 is used for Trusts, funds and other financial vehicles. National Industrial Classification 2008 seeks to provide a basis for the standardized collection, analysis and dissemination of industry (economic activity) wise economic data for India. NIC code id required to obtain Udyog Aadhar or register a Company / LLP in India.
National Industrial Classification 2008 (NIC-2008) Code Structure
All the activities are grouped into several "activity groups" or "tabulation categories" in a hierarchical manner. Activities are first grouped into ‘section’ alphabetically coded from A through U, every section is divided into ‘division’ with 2-digit numeric code, every division into ‘group’ with 3-digit numeric code, every group into ‘class’ with 4-digit numeric code and every 4-digit class into 5-digit 'sub-class'.
The structure for NIC Code 64300 is shown below.
| Level | Description |
|---|---|
| Section K | FINANCIAL AND INSURANCE ACTIVITIES |
| Division 64 | Financial service activities, except insurance and Pension funding |
| Group 643 | Trusts, funds and other financial vehicles |
| Class 6430 | Trusts, funds and other financial vehicles |
| Sub-Class 64300 | Trusts, funds and other financial vehicles |
Why is NIC Code 64300 Important?
When registering your Trusts, funds and other financial vehicles business in India, you'll need the NIC Code 64300 for official documentation and compliance. NIC Code 64300 ensures that your business is correctly categorized under Trusts, funds and other financial vehicles for taxation and regulatory requirements.