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NAICS Code 55 Management of Companies and Enterprises

The NAICS Code 55 is described as
Management of Companies and Enterprises
Description
The Sector as a Whole
The Management of Companies and Enterprises sector comprises (1) establishments that hold the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decisionmaking role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.
Establishments in this sector perform essential activities that are often undertaken, in-house, by establishments in many sectors of the economy. By consolidating the performance of these activities of the enterprise at one establishment, economies of scale are achieved.
Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration. Establishments primarily engaged in providing a range of day-to-day office administrative services, such as financial planning, billing and recordkeeping, personnel, and physical distribution and logistics are classified in Industry 56111, Office Administrative Services.

(2019-08-02)

It belongs to the code group
NAICS code

To this Code "55" belongs the sub codes
  • NAICS Code 551: Management of Companies and Enterprises
    (Management of Companies and Enterprises)


The equivalent ISIC Code (Rev. 3.1) is
74: Other business activities
  Autres activités de services aux entreprises

The nearest NACE Code (Rev. 1.1) is
74: Erbringung von unternehmensbezogenen Dienstleistungen - Erbringung von Dienstleistungen für Unternehmen
74: Other business activities - Other business activities
74: Autres activités de services fournis principalement aux entreprises
74: Altre attività professionali ed impreditoriali
74: Otras actividades empresariales
74: Overige zakelijke dienstverlening
74: Anden forretningsservice

The equivalent CPC Code (Rev. 1.1) is
xxxx: No Code defined

Translation of the Code description
55: Management of Companies and Enterprises
(2019-08-02)

Alternative Spellings (synonyms): Managements, Company
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