A DUNS number is a unique nine-digit identification number assigned to businesses by Dun & Bradstreet (D&B), a global data and analytics company. D&B created the Data Universal Numbering System (DUNS) in 1963 to help identify and track businesses in their database.

How to get a DUNS Number?

To get a DUNS number, visit the D&B website and complete the online application form. Alternatively, you can call D&B's customer service line and provide them with the necessary information. The process is simple and usually takes around 30 days to complete.

Why is a DUNS Number important?

A DUNS number serves as a universal identifier for your business. It is widely used by both public and private organizations. Here are some reasons why a DUNS number is important:

1- Establishes Business Credit

A DUNS number establishes business credit and can help your business qualify for loans, credit cards, and other financing options.

2- Government Contracts

You'll need a DUNS number if you want to do business with the federal government. It's required for all federal contracts and is used to verify your business's identity and financial stability.

3- International Trade

If you plan on doing business internationally, having a DUNS number can make the process much easier. Many foreign companies and governments require a DUNS number when doing business with U.S. companies.

4- Credibility

A DUNS number adds credibility to your business and shows you are a legitimate company. This can be especially important when dealing with potential customers, vendors, and partners.

5- Data Tracking

D&B uses DUNS numbers to track and maintain data on millions of businesses worldwide. A DUNS number ensures that your business is included in D&B's database, which can help you stay up-to-date on industry trends and potential business opportunities.

Conclusion

A DUNS number is an essential identifier for businesses. It is a unique identifier widely used by public and private organizations. It can help businesses establish credit, qualify for government contracts, and facilitate international trade. In short, having a DUNS number can open up many doors for your business and is an important step toward establishing credibility and success.

FAQs

How long does it take to get a DUNS number?

After applying, it usually takes around 30 days to get a DUNS number.

Do all businesses need a DUNS number?

No, not all businesses need a DUNS number. However, having one can provide numerous benefits, especially if you plan on doing business with the government or internationally.

Can I update my business information on my DUNS number?

You can update your business information by contacting D&B's customer service line or visiting their website.

Is there a fee to obtain a DUNS number?

No, there is no fee to obtain a DUNS number.

How is my DUNS number different from my EIN or Tax ID number?

A DUNS number is a unique identification number assigned by D&B. In contrast, the IRS issues an EIN or Tax ID number for tax purposes.