Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 66220 - Activities of insurance agents and brokers
National Industrial Classification 2008 (NIC-2008) Code 66220 is used for Activities of insurance agents and brokers. 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 66220 is shown below.
| Level | Description |
|---|---|
| Section K | FINANCIAL AND INSURANCE ACTIVITIES |
| Division 66 | Other financial activities |
| Group 662 | Activities auxiliary to insurance and pension funding |
| Class 6622 | Activities of insurance agents and brokers |
| Sub-Class 66220 | Activities of insurance agents and brokers |
Why is NIC Code 66220 Important?
When registering your Activities of insurance agents and brokers business in India, you'll need the NIC Code 66220 for official documentation and compliance. NIC Code 66220 ensures that your business is correctly categorized under Activities of insurance agents and brokers for taxation and regulatory requirements.