NACE 2.1-UA Changes: What Businesses Need to Know
· WOWERI
New NACE 2.1-UA rules take effect on January 1, 2027. Businesses must update their activity codes.
Review and update activity codes by January 1, 2027
Introduction
The new NACE 2.1-UA rules take effect on January 1, 2027. This means that businesses must update their activity codes to comply with the new requirements.
What You Need to Know
Businesses should understand that the new NACE 2.1-UA rules are being introduced to improve the classification of economic activities. This will help with statistical accounting and analysis.
How to Update Activity Codes
Businesses can update their activity codes by following these steps:
- Review current activity codes
- Determine new activity codes that correspond to the types of economic activity
- Update accounting documents
Conclusion
The new NACE 2.1-UA rules require businesses to update their activity codes. This is important for complying with the new requirements and improving the classification of economic activities.
What to do next
Source: biz.ligazakon.net