Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 77400 - Leasing of nonfinancial intangible assets
National Industrial Classification 2008 (NIC-2008) Code 77400 is used for Leasing of nonfinancial intangible assets. 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 77400 is shown below.
| Level | Description |
|---|---|
| Section N | ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES |
| Division 77 | Rental and leasing activities |
| Group 774 | Leasing of nonfinancial intangible assets |
| Class 7740 | Leasing of nonfinancial intangible assets |
| Sub-Class 77400 | Leasing of nonfinancial intangible assets |
Why is NIC Code 77400 Important?
When registering your Leasing of nonfinancial intangible assets business in India, you'll need the NIC Code 77400 for official documentation and compliance. NIC Code 77400 ensures that your business is correctly categorized under Leasing of nonfinancial intangible assets for taxation and regulatory requirements.