How Can I Have My Company’s SIC Code Changed?

The US Census Bureau no longer utilizes the SIC system, however there are a number of organizations and agencies that still utilize the SIC Coding System. Traditionally, the SIC is a self assigned system, meaning your company would identify itself by the code that most accurately reflects its line of business. If an organization has … Read more

Who Assigns SIC Codes to Businesses and How?

SIC Codes are no longer assigned by the US Government as they have been replaced by NAICS (North American Industrial Classification System). However, there are many agencies and organizations both government and otherwise that do still utilize these codes for a variety of reasons. Some will assign you a code themselves, though in most cases, … Read more

How Can I Determine the Correct SIC Code for My Business?

SIC Codes are based on Primary Business Activities. It is a much more general and less specific classification system than the newer NAICS Codes, especially at the official, 4-digit level. You should be looking for the code that best describes what your business does. Using the SIC Code Drilldown List to Identify Your Code: The … Read more

How Do You Read an SIC Code? (What do the two, three, and four Digit Codes Mean?)

The first two digits of the code identify the major industry group, the third digit identifies the industry group and the fourth digit identifies the industry. Example Division 20-39 Manufacturing Major Industry Group 25 Furniture and Fixtures Industry Group 252 Office Furniture Industry 2521 Wood Office Furniture Note: The digit “9” is used in the third … Read more

What is an SIC & How is it Used?

The Standard Industrial Classification SIC is a system for classifying industries by the type of activity in which they are primarily engaged with a four-digit code. It is used by government agencies, as well as some in other countries, e.g., by the United Kingdom’s Companies House. The Standard Industrial Classification (SIC) was originally developed in … Read more