For entrepreneurs starting a yoga studio or for existing business owners needing to classify their services accurately, understanding the correct SIC code is essential. The Standard Industrial Classification (SIC) code system helps government agencies, banks, and insurance providers categorize businesses based on their primary activity. Yoga studios fall into a specific category under this system, which can affect everything from business registration to data reporting. Knowing the proper yoga studio SIC code ensures clarity in documentation and supports accurate industry representation for statistical and administrative purposes.
Understanding the SIC Code System
The SIC code system was originally developed in the United States to standardize the classification of industries. Each business activity is assigned a unique four-digit code that reflects the nature of the work performed. While newer systems like NAICS (North American Industry Classification System) have largely replaced SIC for many applications, SIC codes are still widely used in certain databases, business directories, and by various institutions.
Purpose of SIC Codes
SIC codes serve multiple roles in business operations, including:
- Determining eligibility for business loans or grants
- Providing clarity in business licensing and permits
- Tracking industry-specific growth and trends
- Supporting insurance underwriting and risk assessment
- Assisting marketing firms in identifying target industries
Assigning the appropriate SIC code is particularly important for specialized businesses like yoga studios that may offer a combination of wellness services, fitness instruction, and retail elements.
SIC Code for Yoga Studios
Yoga studios are most commonly classified under SIC code7991, which represents ‘Physical Fitness Facilities.’ This classification is used for businesses primarily engaged in operating fitness centers, including those offering yoga, pilates, aerobics, and other personal training activities. While the code does not exclusively list yoga, it covers a broad category of physical fitness services under which yoga instruction falls.
SIC Code 7991: Physical Fitness Facilities
This code includes businesses such as:
- Yoga studios
- Health clubs
- Pilates studios
- Aerobic training facilities
- Personal training centers
Under this classification, a yoga studio is recognized as part of the health and wellness industry with a focus on physical improvement through movement and exercise.
Activities Covered Under SIC 7991
A yoga studio may provide a range of services, all of which can be included within SIC code 7991:
- Group yoga classes (Hatha, Vinyasa, Ashtanga, etc.)
- Private one-on-one yoga instruction
- Workshops focused on flexibility, mindfulness, or breathing
- Meditation or guided relaxation sessions
- Wellness consultations related to yoga and lifestyle
Even if a yoga studio incorporates elements of holistic wellness, such as Ayurveda or nutritional guidance, it can still be classified under this general physical fitness category unless the other services dominate the business model.
Related SIC Codes to Consider
Some yoga businesses may offer additional services that fall outside the standard SIC 7991 classification. If the studio incorporates a broader range of wellness services, alternative or supplemental codes may apply:
SIC 7299 – Miscellaneous Personal Services, Not Elsewhere Classified
This code is used when services don’t fall under a clearly defined category. It can be considered if your yoga studio includes specialized therapeutic treatments, holistic counseling, or wellness coaching not strictly related to physical fitness.
SIC 8049 – Offices of Health Practitioners, Not Elsewhere Classified
Yoga therapy studios operated by certified yoga therapists offering services closer to health care or rehabilitation may fall into this category, especially when focused on pain relief or recovery from injury.
SIC 7999 – Amusement and Recreation Services, Not Elsewhere Classified
In rare cases, a yoga studio with a retreat or recreational focus like those located in resorts might consider this code. However, it’s less common and typically only used when yoga is part of a broader leisure-based offering.
Why Correct Classification Matters
Using the proper SIC code when registering or managing your yoga studio business has several advantages:
- Legal Compliance: Ensures your business activities are properly documented for regulatory authorities.
- Tax Reporting: Helps tax preparers and agencies determine applicable tax structures and potential deductions.
- Business Funding: Allows lenders and investors to understand the nature of your business more accurately.
- Insurance Coverage: Facilitates the selection of appropriate liability and business insurance policies.
- Market Visibility: Helps your business appear in accurate directories and databases for potential clients or collaborators.
How to Use the SIC Code for Your Yoga Studio
When starting or updating a yoga business, you may need to input your SIC code during several steps of the process:
- Filing for a business license
- Registering with your local or national tax authority
- Applying for business insurance
- Filling out applications for grants, loans, or certifications
- Creating business profiles in directories or B2B platforms
If you’re unsure which SIC code to use, consult with a local business advisor or check with government agencies. Most yoga studios will find that SIC code 7991 is the most applicable and widely accepted classification.
Comparison with NAICS Code for Yoga Studios
Although SIC codes are still used, the NAICS system has largely taken over in North America. For reference, the NAICS code that aligns with yoga studios is713940, which also covers fitness and recreational sports centers. This code is often required in newer applications and government documentation.
However, many private sector databases and online platforms still rely on SIC codes for classification, especially in insurance, finance, and business analytics.
Simplify Your Business Classification
For yoga studio owners, identifying the correct SIC code is an important step in ensuring smooth business operations. SIC code 7991 offers a reliable classification that encompasses the broad range of services typically offered by a yoga business, from group classes to personal instruction. By aligning your business with the correct industry code, you create clarity not only for regulatory purposes but also for your clients, partners, and potential investors. As the wellness industry continues to expand, having accurate classification supports growth, trust, and long-term success for yoga studios across all regions.