The National Industrial Classification Code, or “NIC Code,” is a statistical standard used to create and maintain a comparable database for various economic activities. The government created the NIC code to determine and analyse how each economic activity contributes to the country’s wealth. A categorisation scheme based on the operations carried out by a firm is the North America... https://www.kanakkupillai.com/learn/apply-for-nic-code-for-msme-registration/