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Understanding NAICS Codes

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What: This guide helps you to understand The North American Industry Classification System (NAICS), and how to find the code for your organization.

Why: When making payments to an overseas partner, you will likely be asked for your NAICS code. Payment processors and banks use this information to help protect you and your business from money laundering and other risks.


What Are NAICS Codes?

The North American Industry Classification System or NAICS is an classification of business establishments by type of economic activity (process of production). It is used by government and business in Canada, Mexico, and the United States of America. It has largely replaced the older Standard Industrial Classification (SIC) system, except in some government agencies, such as the U.S. Securities and Exchange Commission (SEC).

-From Wikipedia

How do I find my NAICS code?

The US Census Bureau has tools which make it easy to find your organization’s code: https://www.census.gov/econ/isp/


Where can I learn more?

You can download the full list of NAICS codes here

Where can I find my NAICS code?

The full overview of NAICS is available here from the US Census Bureau, or can be viewed below.

Additional Resources

Questions? Nuna Network provides a range of validation, verification, and due diligence products and services that can help you determine the authenticity of a range of the many documents, aspects, and considerations that are a part of establishing a business relationship with a Chinese company.

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