1) Udyam Registration:
One has to apply for registration on the Udyam portal, to register as micro, small or medium sized businesses under the Micro, Small and Medium Enterprise Development Act, 2006. While applying for registration on the Udyam portal , a NIC code needs to be submitted.
2) Company Registration/ LLP Registration:
For incorporating a company or a LLP, one needs to register the respective company/LLP on the MCA (Ministry of Corporate Affairs) Portal. While registering, the NIC code of the business is required.