SIC code

[/ɛs aɪ siː koʊd/]
nounpl: SIC codes
código SIC
1. Standard Industrial Classification code; a four-digit numerical code used by the U.S. government to classify business establishments by their primary economic activity
The company was assigned SIC code 2834 for pharmaceutical manufacturing.
A empresa recebeu o código SIC 2834 para fabricação de produtos farmacêuticos.
2. A system used for business categorization in statistical analysis, taxation, and regulatory purposes
You must identify your business's SIC code when applying for a federal contract.
Você deve identificar o código SIC da sua empresa ao solicitar um contrato federal.
SIC codes are essential in the United States business environment for government reporting, statistical analysis, and regulatory compliance. While largely replaced by NAICS codes for most purposes, SIC codes are still used in certain regulatory and historical contexts. Brazilian businesses dealing with U.S. operations or international standards need to understand this classification system.
Synonyms / Sinônimos
industry classification codebusiness classification codeNAICS code (newer system)

Regional Variations

General Brazilian
código SIC
Primarily used in business and administrative contexts when discussing U.S. companies or international business classification
São Paulo
código SIC / código de classificação industrial
Common in business sectors dealing with U.S. trade
Portugal
código SIC
Used in technical and business documentation related to U.S. business operations

Related Words

NAICS codebusiness classificationindustry sectoreconomic activity codebusiness registrationstatistical classification

Related Idioms & Phrases

to look up a SIC code
to assign a SIC code to a business
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