Question
What is an NIC code and how do I choose it for company registration?
Answer
Bottom line: The NIC 2008 code describes your main business activity and must be selected in the SPICe+ form at incorporation.
1. What it is
The National Industrial Classification 2008, used by the MCA to record what your company does.
2. How to pick
Choose the code that matches your primary activity; the main division becomes part of your CIN and cannot be changed later even if objects change.
3. Align it
Match the NIC code with your MOA main-object clause.
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This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.