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Step 2: Choosing your business activity

Certainly! Here's a guide on how to choose the right CAEN code (NACE code) for your company using markdown:

The CAEN Code (or NACE Code) is a statistical classification of economic activities in the European Community. It's crucial to choose the correct CAEN code for your business as it impacts various aspects such as reporting, taxation, and other regulatory matters. Here are the steps to guide you in making the right choice:

Step 2.1: Understand Your Business Activities

Before diving into the list of CAEN codes, have a clear understanding of your company's primary and secondary business activities. Knowing these will help you narrow down the appropriate categories.

Step 2.2: Access the List of CAEN Codes

Visit this link to access a comprehensive list of available NACE codes on our site. This list provides a detailed description of each code, making it easier to match your company's activities with the right classification.

Step 2.3: Start with Broad Categories

The CAEN codes are organized in a hierarchical manner, with broad categories that further branch out into specific activities. Start by identifying the broader category that best represents your company's domain, and then explore the more specific subcategories.

Step 2.4: Consider Secondary Activities

While your company might primarily be involved in one activity, there could be secondary activities that also need representation. Ensure you list all relevant NACE codes that correspond to these secondary activities.

Step 2.5: Make sure it's not a restricted activity

Some activities require additional permits, or a special form of registration, in order for you to be able to use the CAEN code in opening a firm.

Such activities include, but are not limited to:

  • Being a lawyer or providing legal services.
    (Must be a lawyer or have the special authorizations needed)
  • Providing expert accounting services to Romanian firms.
    (Must be a expert accountant and authorized by CECCAR)
  • Providing certifications and architectural design.
    (Must be an authorized architect)
  • Being a university, or public education school
    (must get approved by the ministry of education prior)

Step 2.6: Find it on our platform

We have some pre-made categories to help you choose the right codes for your business.

Alternatively, you can use the "other codes" to access all available codes to run your business.

Make sure to select them, starting with the main category, and going down to your second activities.