Short answer
Licences are usually grouped by the kind of activity — commercial, professional, industrial, and sometimes e-commerce or service categories. Each licensing authority uses its own classification, so the same business may be labelled differently in different places.
Main licence categories
| Category | Typically covers | Examples |
|---|---|---|
| Commercial | Buying and selling goods | General trading, retail |
| Trading | Import, export, wholesale of specific or general goods | Electronics trading |
| Professional | Services based on skills or qualifications | Design, IT services |
| Consultancy | Advice in a defined field | Management consultancy |
| Service | Operational services to clients | Event management, cleaning |
| E-commerce | Online sale of goods or services | Online store |
| Industrial | Manufacturing, processing, assembly | Packaging plant |
| Regulated | Activities needing a sector regulator's approval | Finance, healthcare, education, brokerage |
Combining activities
Many authorities allow several related activities on one licence; some restrict mixing groups (for example trading with professional services). The number of activities included can affect cost.
Why classification varies
Each authority maintains its own activity list and codes. Always check the exact activity name and description on your licence, because banks, clients and other authorities rely on it.
Key takeaways
- Choose the activity wording carefully — it follows you everywhere.
- Regulated activities need more than a trade licence.
- Classification differs by authority.
IBS services
Related glossary terms
Frequently asked questions
Can I add activities later?
Usually yes, through an amendment, subject to the authority's rules and possible fees or approvals.
Last reviewed: 25 September 2026
General educational content — not legal or tax advice. IBS is not affiliated with any government entity. Always confirm current requirements with the official authority.