NAICS 55111

What is the NAICS code 55111?

The NAICS code 55111 is applied to those industries related to Management of Companies and Enterprises.

This industry comprises (1) establishments primarily engaged in holding the securities of (or other equity interests in) companies and enterprises for the purpose of owning a controlling interest or influencing management decisions or (2) establishments (except government establishments) that administer, oversee, and manage other establishments of the company or enterprise and that normally undertake the strategic or organizational planning and decision-making role of the company or enterprise. Establishments that administer, oversee, and manage may hold the securities of the company or enterprise.

Therefore, all companies engaged in any industrial activity related to this type of business are grouped under category 55111 in the North American Industry Classification System.

This industrial activity of NAICS code is structured as follows:

• 55 - Management of Companies and Enterprises
• 551 - Management of Companies and Enterprises
• 5511 - Management of Companies and Enterprises
• 55111 - Management of Companies and Enterprises

Characteristics of the North American Industry Classification System code 55111

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

The NAICS industry 55111 has the following cross-references:

• Establishments primarily engaged in holding the securities of companies or enterprises and operating these entities are classified according to the business operated.
• Establishments primarily engaged in holding the securities of depository banks and operating these entities are classified in Industry Group 5221, Depository Credit Intermediation.
• Establishments primarily engaged in patent buying and licensing are classified in Industry 53311, Lessors of Nonfinancial Intangible Assets (except Copyrighted Works).
• Establishments primarily engaged in providing a range of day-to-day office administrative services for other companies or enterprises on a contract or fee basis are classified in Industry 56111, Office Administrative Services.
• Establishments primarily engaged in providing a single service to other establishments of the company or enterprise, such as trucking, warehousing, research and development, and data processing, are classified according to the service provided.
• Government establishments primarily engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration.

Related activities

Below are some of the most common types of activities in the Management of Companies and Enterprises industry (NAICS Code 55111).

• Bank holding companies (except managing)
• Holding companies, bank (except managing)
• Offices of bank holding companies