Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 94120 - Activities of professional membership organizations
National Industrial Classification 2008 (NIC-2008) Code 94120 is used for Activities of professional membership organizations. 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 94120 is shown below.
| Level | Description |
|---|---|
| Section S | OTHER SERVICE ACTIVITIES |
| Division 94 | Activities of membership organizations |
| Group 941 | Activities of business, employers and professional membership organizations |
| Class 9412 | Activities of professional membership organizations |
| Sub-Class 94120 | Activities of professional membership organizations |
Why is NIC Code 94120 Important?
When registering your Activities of professional membership organizations business in India, you'll need the NIC Code 94120 for official documentation and compliance. NIC Code 94120 ensures that your business is correctly categorized under Activities of professional membership organizations for taxation and regulatory requirements.