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Describe an activity to generate candidate NACE codes for a benchmarking search. Suggestions may use legacy nomenclature; map and verify every result against the code-list version used by your database.
Enter a description of your tested party to generate candidate NACE codes
Check the classification version before using a result
Suggestions may use legacy NACE Rev. 2 codes or descriptions. Identify the code-list version required by your database, then map and verify each candidate against the official list and correspondence tables. NACE Rev. 2.1 is the current classification for European statistics from 2025 onwards.
Eurostat identifies NACE Rev. 2.1 as the current classification for European statistics from 2025 onwards. This tool suggests candidate codes; verify the description, inclusions, exclusions, and classification version against Eurostat and the database you will use. Source status checked 16 August 2026.
Describe each activity precisely; identify the principal activity and any material secondary activities; review candidate classes in the official explanatory notes; confirm whether your database uses Rev. 2 or Rev. 2.1; then retain the codes, version, search date, and rationale. Complete manual comparability screening after the code search.
Common questions about this tool and how to use it
NACE is the EU statistical classification of economic activities. It organises activities into sections, divisions, groups, and four-digit classes. In a transfer pricing database search, a NACE code can be an initial industry filter, but it does not establish functional comparability on its own.
NACE Rev. 2.1 is the newest version and is used for European statistics from 2025 onwards. NACE Rev. 2 applies to European statistics for 2008–2024. Because databases may migrate on different schedules, confirm the code-list version in the database you are searching and record it in your search methodology.
NACE has four levels: a lettered section, a two-digit division, a three-digit group, and a four-digit class. Start with the activity description and Eurostat explanatory notes, including the stated inclusions, exclusions, and borderline cases, rather than selecting a code from its title alone.
The tool suggests candidate codes from the business description you enter. Suggestions may use legacy NACE Rev. 2 codes and descriptions, so identify the code-list version you need and map and verify every result against that version before use. For current European statistics, check Eurostat's NACE Rev. 2.1 structure, correspondence tables, and explanatory notes. The output is not an official classification or an accuracy determination.
List the distinct activities first. For statistical classification, the principal activity is generally the activity contributing most to the unit's value added and is identified through the hierarchical top-down method. Keep material secondary activities visible, consider additional search codes where they are relevant, and document the evidence and judgment used.
Use one or more supported codes as reproducible screening criteria, then assess candidate companies through manual review of their actual functions, assets, risks, products, markets, and financial information. A shared industry code is a search aid, not proof that two companies are comparable.
Do not assume the codes are interchangeable. NACE Rev. 2.1 introduced new concepts and restructured some headings. Use Eurostat's official correspondence tables to identify possible mappings, then read the Rev. 2.1 explanatory notes before applying the resulting code.
No. Filing and registration requirements depend on the jurisdiction and the relevant authority. Use this tool to prepare candidate codes, then confirm the applicable classification version, legal unit, reference period, and filing procedure with the official source for that jurisdiction.