What are Standard Industrial Classification (SIC) Codes?

SIC codes are a way to uniformly classify businesses based on the industries they operate in. A company will be associated with one or more codes with each code representing a different aspect of the business activities.

Codes are entered or changed at two points in a company's lifecycle, firstly during incorporation and then during the annual confirmation statements.

The codes have been updated and added to at various points with the most recent being in 2003, the main reason for this is the changing nature of business in the UK.
There are dozens of codes for farming and farming related activities but very few to describe digital and creative businesses.

 

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