Explore NIC Code For Udyog Aadhar Or LLP / Company Registration.
NIC Code 74902 - Patent brokerage activities
National Industrial Classification 2008 (NIC-2008) Code 74902 is used for Patent brokerage activities. 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 74902 is shown below.
| Level | Description |
|---|---|
| Section M | PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES |
| Division 74 | Other professional, scientific and technical activities |
| Group 749 | Other professional, scientific and technical activities n.e.c. |
| Class 7490 | Other professional, scientific and technical activities n.e.c. |
| Sub-Class 74902 | Patent brokerage activities |
Why is NIC Code 74902 Important?
When registering your Patent brokerage activities business in India, you'll need the NIC Code 74902 for official documentation and compliance. NIC Code 74902 ensures that your business is correctly categorized under Patent brokerage activities for taxation and regulatory requirements.