CNAE Brazil 6434-4/00—Development agencies

Where 6434-4/00 sits

1. K Financial, insurance and related services activities
2. 64 Financial services activities
3. 64.3 Non-monetary intermediation - other fundraising instruments
4. 64.34-4 Development agencies
5. 6434-4/00 Development agencies

What 6434-4/00 includes

• The activities of development agencies, which are institutions that provide fixed and working capital financing associated with projects in the federative unit where they are headquartered, whose objective is to promote the development of the region in which they operate. They carry out operations of transferring resources originating from national and international financial development organizations and institutions, constitutional funds, and the budget of the federative entities. They cannot raise funds from the public nor have equity participation in financial institutions. Their corporate name must include the expression "Development Agency"

What 6434-4/00 excludes

• The activities of development banks (6433-6/00)
• The activities of factoring companies (6491-3/00)

6434-4/00 in other systems