NAICS 533

What is the NAICS code 533?

The NAICS code 533 is applied to those industries related to Lessors of Nonfinancial Intangible Assets (except Copyrighted Works).

Industries in the Lessors of Nonfinancial Intangible Assets (except Copyrighted Works) subsector include establishments primarily engaged in assigning rights to assets, such as patents, trademarks, brand names, and/or franchise agreements, for which a royalty payment or licensing fee is paid to the asset holder. Establishments in this subsector own the patents, trademarks, and/or franchise agreements that they allow others to use or reproduce for a fee and may or may not have created those assets. Establishments that allow franchisees the use of the franchise name, contingent on the franchisee buying products or services from the franchisor, are classified elsewhere. Excluded from this subsector are establishments primarily engaged in leasing real property and establishments primarily engaged in leasing tangible assets, such as automobiles, computers, consumer goods, and industrial machinery and equipment. These establishments are classified in Subsector 531, Real Estate, and Subsector 532, Rental and Leasing Services, respectively.

Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 533 in the North American Industry Classification System.

This industrial activity of NAICS code is structured as follows:

• 53 - Real Estate and Rental and Leasing
• 533 - Lessors of Nonfinancial Intangible Assets (except Copyrighted Works)

Characteristics of the North American Industry Classification System code 533

NAFTA

This NAICS code is used in the trilateral agreement of the three members of the North American Free Trade Agreement (NAFTA): United States, Canada, and Mexico.

Related codes

There are no cross-reference for the NAICS industry 533.

Related activities

There is no Alternate NAICS Descriptions for the Lessors of Nonfinancial Intangible Assets (NAICS Code except Copyrighted Works) industry (NAICS Code 533).