77 Rental and leasing activities
This division includes the rental and leasing of tangible and non-financial intangible assets, including a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment. It is subdivided into: (1) the rental of motor vehicles, (2) the rental of recreational and sports equipment and personal and household equipment, (3) the leasing of other machinery and equipment of the kind often used for business operations, including other transport equipment and (4) the leasing of intellectual property products and similar products. Only the provision of operating leases is included in this division. This division excludes: - financial leasing, see 64.91 - rental of real estate, see section L - rental of equipment with operator, see corresponding classes according to activities carried out with this equipment, e.g. construction (section F), transportation (section H)
Where 77 sits in the NIC 2008 hierarchy
- >N Administrative and support service activities
- >77 Rental and leasing activities
- >77 Rental and leasing activities
Subcategories of 77 Rental and leasing activities
- 771Renting and leasing of motor vehicles
This class includes renting and operational leasing of passenger cars (without drivers), trucks, utility trailers and recreational vehicles This class excludes: - renting or leasing of vehicles or trucks with driver, see 4922, 4923 - financial leasing, see 6491
- 772Renting and leasing of personal and household goods
This group includes the rental of personal and household goods as well as rental of recreational and sports equipment and video tapes. Activities generally include short-term rental of goods although in some instances, the goods may be leased for longer periods of time.
- 773Renting and leasing of other machinery, equipment and tangible goods
n.e.c. This class excludes: - renting of agricultural and forestry machinery or equipment with operator, see 0161, 0240 - renting of construction and civil engineering machinery or equipment with operator, see division 43 - renting of water-transport equipment with operator, see division 50 - renting of air-transport equipment with operator, see division 51 - financial leasing, see 6491 - renting of pleasure boats, see 7721 - renting of bicycles, see 7721
- 774Leasing of intellectual property and similar products, except copyrighted works
This class includes the activities of allowing others to use intellectual property products and similar products for which a royalty payment or licensing fee is paid to the owner of the product (i.e. the asset holder). The leasing of these products can take various forms, such as permission for reproduction, use in subsequent processes or products, operating businesses under a franchise etc. The current owners may or may not have created these products. This class includes: - leasing of intellectual property products (except copyrighted works, such as books or software) - receiving royalties or licensing fees for the use of: • patented entities • trademarks or service marks • brand names • mineral exploration and evaluation • franchise agreements This class excludes: - acquisition of rights and publishing, see divisions 58 and 59 - producing, reproducing and distributing copyrighted works (books, software, film), see divisions 58, 59 - leasing of real estate, see 68.20 - leasing of tangible products (assets), see groups 77.1, 77.2, 77.3
Other NIC 2008 codes under 77 Rental and leasing activities
Frequently asked questions
- What is NIC 2008 77?
- NIC 2008 77 is "Rental and leasing activities". This division includes the rental and leasing of tangible and non-financial intangible assets, including a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment. It is subdivided into: (1) the rental of motor vehicles, (2) the rental of recreational and sports equipment and personal and household equipment, (3) the leasing of other machinery and equipment of the kind often used for business operations, including other transport equipment and (4) the leasing of intellectual property products and similar products. Only the provision of operating leases is included in this division. This division excludes: - financial leasing, see 64.91 - rental of real estate, see section L - rental of equipment with operator, see corresponding classes according to activities carried out with this equipment, e.g. construction (section F), transportation (section H)
- What does NIC 2008 77 include?
- 77 Rental and leasing activities contains 4 direct subcategories: 771 Renting and leasing of motor vehicles; 772 Renting and leasing of personal and household goods; 773 Renting and leasing of other machinery, equipment and tangible goods; 774 Leasing of intellectual property and similar products, except copyrighted works.
- What is the parent category of 77?
- 77 Rental and leasing activities sits under 77 Rental and leasing activities in the NIC 2008 hierarchy.
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