Activities of trust, estate and agency accounts
What this code covers
Use this class for activities of trust, estate and agency accounts when the main activity includes Trusts, estates and agency accounts, administered on behalf of multiple beneficiaries under the terms of a trust agreement, will or agency agreement and Activities of shareholding companies, not owning controlling levels of equity. Check exclusions and nearby codes before applying it to a mixed activity.
Official NACE Rev. 2.1 labels and explanatory notes are imported from the source dataset. Plain-language explanations are shown separately so readers can compare interpretation with the source text.
No child codes; this is a class-level code.
- This class includes legal entities, not acting as collective investment schemes, organised to pool securities, estates and other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customised to achieve specific investment characteristics (for example, diversification, risk, rate of return, price volatility). These entities earn interest, dividends and other property income but have little or no employment and no revenue from the sale of services.
- trusts, estates and agency accounts, administered on behalf of multiple beneficiaries under the terms of a trust agreement, will or agency agreement
- activities of shareholding companies, not owning controlling levels of equity
- venture capital companies where the only financing is by shares and no fee is received
- raising funds by issuing shares or units and acting as collective investment schemes, see 64.31
- Compare with 64.31, 64.3 when the main activity overlaps another code.
- Review the Rev. 2 to Rev. 2.1 mapping type before migrating old records.
- Check national equivalent caveats before using this code for local registration or filing workflows.
- If the main revenue activity appears in an exclusion, compare the alternative code before deciding.
Use this guide as classification support, not legal, tax, filing, or regulatory advice.
- - This class includes legal entities, not acting as collective investment schemes, organised to pool securities, estates and other financial assets, without managing, on behalf of shareholders or beneficiaries. The portfolios are customised to achieve specific investment characteristics (for example, diversification, risk, rate of return, price volatility). These entities earn interest, dividends and other property income but have little or no employment and no revenue from the sale of services.
- - trusts, estates and agency accounts, administered on behalf of multiple beneficiaries under the terms of a trust agreement, will or agency agreement
- - activities of shareholding companies, not owning controlling levels of equity
- - venture capital companies where the only financing is by shares and no fee is received
- - raising funds by issuing shares or units and acting as collective investment schemes, see 64.31
- - Trusts, estates and agency accounts, administered on behalf of multiple beneficiaries under the terms of a trust agreement, will or agency agreement
- - Activities of shareholding companies, not owning controlling levels of equity
- - Venture capital companies where the only financing is by shares and no fee is received
- - Raising funds by issuing shares or units and acting as collective investment schemes
What is NACE 64.32 used for?
Use NACE 64.32 for activities of trust, estate and agency accounts when the main activity matches this scope: Use this class for activities of trust, estate and agency accounts when the main activity includes Trusts, estates and agency accounts, administered on behalf of multiple beneficiaries under the terms of a trust agreement, will or agency agreement and Activities of shareholding companies, not owning controlling levels of equity. Check exclusions and nearby codes before applying it to a mixed activity.
What are typical examples for 64.32?
Typical examples include Trusts, estates and agency accounts, administered on behalf of multiple beneficiaries under the terms of a trust agreement, will or agency agreement, Activities of shareholding companies, not owning controlling levels of equity, and Venture capital companies where the only financing is by shares and no fee is received.
When might 64.32 not be the right code?
Review another code when the activity is closer to raising funds by issuing shares or units and acting as collective investment schemes, see 64.31.
Which codes should I compare before choosing 64.32?
Compare 64.32 with 64.31 Activities of money market and non-money market investments funds and 64.3 Activities of trusts, funds and similar financial entities when the activity description is ambiguous.
Use this class for activities of money market and non-money market investments funds when the main activity includes Open-end investment funds and Closed-end investment funds. Check exclusions and nearby codes before applying it to a mixed activity.
Use this group for activities of trusts, funds and similar financial entities when the main activity includes Activities of money market and non-money market investments funds and Activities of trust, estate and agency accounts. Check exclusions and nearby codes before applying it to a mixed activity.
Rev. 2 code 64.30 can map to more than one Rev. 2.1 class: 64.31 Activities of money market and non-money market investments funds, 64.32 Activities of trust, estate and agency accounts.
Official close match imported from NACE Rev. 2.1.
Datasets, CRM segments, KYC rules, reporting logic, and historical joins may need review because the activity scope is not a simple unchanged carry-over.
Review the official explanatory notes for each target code and confirm whether the business activity still fits the suggested Rev. 2.1 class.