According to the NACE classification used in the classification of commercial activities in the European Union countries, the e-commerce NACE code that companies should choose for “Retail trade via radio, TV, mail order or internet” is 47.91.14. When choosing a NACE code, it is very important for companies to choose the code that is appropriate for their field of activity.
The NACE code is a system used in the classification of commercial activities in the European Union countries and Türkiye. NACE, which is the abbreviation of the English expression "Nomenclature of Economic Activities", enables the standardization of economic activities and allows for more effective statistical analysis. This coding system is a basic structure required to better understand and compare economic activities.
The main purpose of the NACE system is to ensure consistency in determining commercial activities in Europe and Türkiye and to ensure that these activities are comparable at an international level. This system provides vital information for the business world and public policies by establishing a connection between different economic sectors.
The NACE code emerged as a result of the European Union's efforts to standardize economic activities. This system, which has been in use since the 1990s, has facilitated economic comparisons between countries.
NACE code has a hierarchical structure. A systematic coding system is used in NACE classification. Each digit contains a different detail:
NACE codes also determine the hazard classes of workplaces. Hazard classes are categorized as follows:
Effects of Hazard Classes on Businesses
Hazardous classes play a determining role in many issues such as occupational safety, insurance premiums and inspection frequency.
We said that NACE codes may change depending on the variety of activities. The NACE codes for some of the fields of activity are as follows:
47.91.14: Retail trade via radio, TV, mail or internet
45.40.07: Other retail trade of motorcycles, mopeds and their parts and accessories (non-specialized and via internet, mail, stall, market, etc.)
45.32.90: Other retail trade of parts and accessories of motor vehicles (non-specialized and via internet, mail, stall, market, etc.) (excluding motorcycle parts and accessories)
45.11.13: Other retail trade of automobiles and light motor vehicles (including motorized passenger vehicles such as ambulances and minibuses (less than 3.5 tons)) (including trade through intermediaries via internet, TV, etc.)
Since e-commerce activities cover a wide range, it is extremely important for businesses to choose the right NACE code. If companies decide to add new product categories over time, the NACE code may need to be updated. In such a case, choosing the right codes according to the new areas in which the business will operate becomes very critical in order to operate within the framework of the law.
Since the NACE codes provided have a direct impact on the tax liabilities and financial records of the businesses, an incorrect or outdated NACE code can lead to potential fines and legal problems. For e-commerce businesses, constantly reviewing the NACE code and changing it when necessary is an inevitable requirement for legal compliance. Therefore, choosing and managing the right NACE code is extremely important for the sustainability and growth of e-commerce businesses.
Companies can determine 5 NACE codes, 1 of which is related to the main field of activity and 4 of which are related to the sub-fields of activity.
You can go to the relevant page of the Istanbul Chamber of Commerce to learn the NACE code of the field in which your business operates.
Get support from your financial advisor in your transactions regarding the NACE code.
Provided that the requested main activity code is compatible with the business subject registered by the Trade Registry Office, the following 3 steps should be followed to make a NACE change:
Does the NACE code change?
Yes, if the main activity of the business changes, the NACE code may also change. You can access what needs to be done to change the NACE code here.
Is NACE code query free?
Free query can be made on most official platforms.
Is there a penalty for selecting the wrong NACE code?
Wrong code may result in financial and administrative fines.
