How do I find out what my NAICS code is?

How do I find out what my NAICS code is?

To identify the NAICS Code being used for a specific company, visit the US Company Lookup Tool by NAICS.com. To identify the proper code for your company, use the NAICS SEARCH TOOLS to identify the code that best reflects your primary business activity (revenue producing activity.)

What is the NAICS code mean?

North American Industry Classification System
A NAICS (pronounced NAKES) Code is a classification within the North American Industry Classification System. The NAICS System was developed for use by Federal Statistical Agencies for the collection, analysis and publication of statistical data related to the US Economy.

Why do you need a NAICS code?

NAICS codes are used for many purposes, but one of the most important is that the Small Business Administration uses them to set size standards for particular businesses to be considered “small” in order to qualify for various small business-related programs.

Why do I need a NAICS code?

Government agencies throughout North America use NAICS codes to identify individual industries. Government contracts and tax incentive programs for businesses are generally defined by a NAICS code. So, knowing your business’s NAICS code can make finding applicable government programs and contracts much easier.

What is the 6 digit NAICS code?

The first two digits designate the economic sector, the third digit designates the subsector, the fourth digit designates the industry group, the fifth digit designates the NAICS industry, and the sixth digit designates the national industry. A complete and valid NAICS code contains six digits.

What is a 6 digit business code?

Key Takeaways. A principal business code is a six-digit number that classifies the main type of product you sell or main type of service you offer. It is used by the Internal Revenue Service, the U.S. Small Business Administration, and other U.S. government agencies.

Do I need a NAICS code for LLC?

Some states require a North American Industry Classification System (NAICS) code to form an LLC. Having one means being eligible to receive grants and purchase contracts from the government.