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Activity code is a collection of digits and letters implying certain fields of a company’s activity. It can be required during the incorporation process to clarify the company’s occupations. The format and length of the activity code depend on a certain jurisdiction. In Europe, there is a unified list of NACE codes, in the USA, the list of IRS Business Activity Codes. Nevertheless, each country has its own list of activity codes.
Activity Сode
Activity code is a collection of digits and letters implying certain fields of a company’s activity. It can be required during the incorporation process to clarify the company’s occupations. The format and length of the activity code depend on a certain jurisdiction. In Europe, there is a unified list of NACE codes, in the USA, the list of IRS Business Activity Codes. Nevertheless, each country has its own list of activity codes.