Full list of NACE 2.1
Locally loaded full list of CSP CLASSES NACE 2.1: 22 sections, 87 departments, 287 groups and 651 classes. Search by code or action describes.
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| Code | Mode of operation |
|---|
Registration
NACE classifier
Economic activity code for the company or structural unit. From 2025 Latvia uses the version of NACE 2.1 as of January 1.
Why are we replacing the old list?
The old FinServices page had a long list of NACE 2.0. It must not to be transferred as a current catalog, as CSB indicates that it will be used from 2025 NACE 2.1 revision.
- The code should be determined by the actual economic activity, not only by of the desired description.
- A company can have several lines of activity, but the core activity must be justified.
- As the actual operation changes, the code should be tested and, if necessary, must be updated.
What level of code is required
| Level | An example | Meaning |
|---|---|---|
| Section | C | A broad industry such as manufacturing. |
| Department | 62 | Industry group such as computer programming and consulting. |
| Group | 62.0 | A more detailed course of action. |
| Class | 62.01 | Practical detailed NACE code. |
NACE 2.1 main sections
| Section | Industry |
|---|---|
| A | Agriculture, forestry and fisheries |
| B | Mining and quarrying |
| C | Manufacturing industry |
| D | Electricity, gas supply, heat supply and air conditioning |
| E | Water supply, wastewater and waste management, rehabilitation |
| F | Construction |
| G | Wholesale, retail, automotive and motorcycle repair |
| H | Transport and storage |
| I | Accommodation and catering services |
| J | Information and communication services |
| K | Financial and insurance activities |
| L | Operations with real estate |
| M | Professional, scientific and technical services |
| N | Administrative and service services |
| O | State administration and defense; mandatory social insurance |
| P | Education |
| Q | Health and social care |
| R | Arts, entertainment and recreation |
| S | Other services |
| T | Activity of households as employers |
| U | Activities of extraterritorial organizations and institutions |
Where NACE affects accounting and registration
- Company registration and change documents.
- Statistical reports and CSB questions about core activities.
- PVN, licenses, permits or industry specific obligations, if any refers to a specific activity.
- Grants, procurement and banking questionnaires, where industries are required code.
- Description of the activity of structural units or branches.
How to select a code
- Descriptions that actually generate the most traffic or added value.
- Find the corresponding code in the CSP KLASIS catalog NACE version 2.1.
- Check that the code is not too broad and that there is no more specific class.
- If there are several directions, the main activity and additional activities.
- Saves the document of registration or change of selection grounds in the folder.
Examples where mistakes are common
- The online store is listed as general retail, but is actually a specialized group of goods or services platform.
- IT consulting, programmer work and hosting are mixed in one imprecise code.
- Real estate rental is mixed through mediation or management.
- Construction work does not separate design, construction work, assembly and monitoring.
FAQ
Frequently asked questions about NACE 2.1 codes
Answers on the choice of economic activity code and classifier search usage.
What is the NACE 2.1 code?
NACE is the statistical classification of economic activities. Code describes the activity actually performed by the company, and not only name or future service.
How to choose the company's core business code?
The main activity is determined by the activity that generates the most in the company added value; turnover, employees are also evaluated in practice engagement and other performance indicators. If there are multiple actions, additional codes may be required.
Do similar services always fall under the same NACE code?
No. The code is determined by the actual process, customer and provided result. Before choosing, you should read not only the name of the class, but also the official explanation and exceptions.
How to search for a code in the FinServices classifier?
You can enter a piece of code or an operation in the search field descriptive word. After finding the candidate, the full should be checked name and must confirm the choice in the official CSP classification.
When should a company review the specified NACE code?
The code should be revised if there are significant changes in the company's actual basic activity or transition to a new version of the classifier requires clarification. Periodic inspection is also useful if the originally registered design no longer corresponds to the actual revenue sources.
Can a company have multiple NACE codes?
Yes. The company can perform several economic activities and specify additional codes, but one operation is identified as core business. Codes should reflect actual work performed, not all theoretically possible future directions.
Does the NACE code determine the company's tax treatment or licenses?
The NACE code primarily classifies activity statistics and for administrative purposes. It is not a substitute by itself tax assessment, permit or license verification; regulated in the sector, the requirements must be clarified separately.
Why is NACE version 2.1 used in the classifier?
NACE 2.1 is a newer version of the classification with a refined activity structure and codes. Moving on from the previous one revisions, the old code does not always turn into an identical one in the new code, so the description of the operation should be evaluated.