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NAICS Code 551112 Offices of Other Holding Companies

The NAICS Code 551112 is described as
Offices of Other Holding Companies
  • Agreement corporation (except international trade financing)
  • Financial holding companies
  • Holding companies (except bank, managing)
  • Insurance holding companies
  • Nonbank holding companies (except managing)
  • Offices of Other Holding Companies
  • Personal holding companies
  • Public utility holding companies

Description
This U.S. industry comprises legal entities known as holding companies (except bank holding) primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions of these firms. The holding companies in this industry do not administer, oversee, and manage other establishments of the company or enterprise whose securities they hold.

Establishments primarily engaged in-
· Holding the securities of (or other equity interests in) depository banks for the purpose of owning a controlling interest or influencing the management decisions of these firms-are classified in U.S. Industry 551111, Offices of Bank Holding Companies;
· Holding the securities of (or other equity interests in) a company or enterprise and administering, overseeing, and managing establishments of the company or enterprise whose securities they hold-are classified in U.S. Industry 551114, Corporate, Subsidiary, and Regional Managing Offices; and
· Holding the securities of companies or enterprises and operating these entities-are classified according to the business operated.

(2019-08-02)

It belongs to the code group
NAICS Code 55111 Management of Companies and Enterprises

To this Code "551112" belongs the sub codes
(No direct sub codes available)


The equivalent ISIC Code (Rev. 3.1) is
6599: Other financial intermediation n.e.c.
  Autres intermédiations financières n.c.a.

The nearest NACE Code (Rev. 1.1) is
65.23: Finanzierungsinstitutionen a.n.g. - Finanzierungsinstitutionen a.n.g.
65.23: Other financial intermediation n.e.c. - Other financial intermediation n.e.c.
65.23: Autres intermédiations financières n.c.a.
65.23: Altre intermediazioni finanziarie n.c.a;
65.23: Otros tipos de intermediacion financiera
65.23: Overige financiele instellingen, neg
65.23: Finansielle institutioner i.a.n.

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

Translation of the Code description
551112: Offices of Other Holding Companies
(2019-08-02)

Alternative Spellings (synonyms): Office, Officer, Holdings, Company
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