What is a D-U-N-S Number?
DUNS is a 9-digit number for businesses. Provided by a company called D&B, it represents the Data Universal Numbering System, identifying transactions all over the world. You can regard this number as a universal registration number. This system usually used by creditors and potential partners to see the credibility and the stability of a business. It creates a credit file for companies. You also need a DUNS number for state offers. 265 million global companies currently use the system. If you need to register to the government for agreements or grants, you need a DUNS number.
What do I need to get a DUNS number for my business?
You will need the following information to register for a DUNS number:
– Legal name
– Name and address of the headquarter of your business
– DBA (Doing Business As) or commonly used other names for your business
– Physical address, city, state and postal code
– Mailing address (if different than physical address/headquarter address)
– Phone number
– Contact name and number
– Number of employees within the physical location
Why do I need DUNS number?
DUNS number is used in many countries worldwide including the USA, Australia, and EU. The credit file related to your DUNS number helps creditors and potential partners find you and decide quickly if they want to work with you. If you already have a loan/credit or signed an agreement, DUNS could still be useful for identifying your business. Having DUNS may help you improve the terms of a contract or negotiate for a real credit limit.
With your D-U-N-S number, you can:
Merge your double entries within your database or clean them
Bring together all the information you had kept within different databases. Merge related client accounts and create a single-client account.
Decide a group’s total risk profile decide cross-selling potentials of the same group.
Integrate external data sources into your system
Connect related suppliers to increase your chance of negotiation during purchases.
Create general profiles of your customers, suppliers or potential partners via demographic information by Dun & Bradstreet
Getting a DUNS number may be a complicated process. If you want us to help you with the process, please contact us!
You can choose one of our services to start your business in the US, and you can always contact us for further information or questions.
If you have pre-sales questions, Call us + 1 302 310 21 76 (You can also text on WhatsApp!)