D-U-N-S Number for Business: Importance, Benefits & How to Get One

Shivashish Published on : 01 August 2024 6 minutes

In the times of internet-heavy businesses, new businesses open every day. Therefore, while trademarks and brand ownership protocols are in place, fraudsters may impersonate your business This can lead to financial losses and even legal troubles. Consequently, a solution to … Continue reading

In the times of internet-heavy businesses, new businesses open every day. Therefore, while trademarks and brand ownership protocols are in place, fraudsters may impersonate your business This can lead to financial losses and even legal troubles. Consequently, a solution to this menace is online identifiers that serve as proof that you are the original owner. In this blog, we are going to learn about the D-U-N-S number, which serves the same purpose, and more.

Firstly, What is the D-U-N-S number?

The D-U-N-S number is a 9-digit unique identifier issued by Dun & Bradstreet. It serves as a trusted identifier for businesses on the internet and otherwise. For instance, organizations such as Apple use the D-U-N-S number to evaluate the authenticity and legality of a business entity. Furthermore, a valid D-U-N-S number acts as a credible source to identify potential business partners and collaborators. It also helps in seeking loans and business-related funding. Obtaining a D-U-N-S number is crucial for establishing your business’s credibility, especially when seeking partnerships or financial support. For businesses interested in financing options, understanding the current interest rates for SBA loans can provide valuable insights into potential borrowing costs and financial planning.

Therefore, all organizations should apply for this number to strengthen their international business reputation and prospects, as it serves as an industry norm.

How to get the D-U-N-S number for your business?

Obtaining a D-U-N-S number is simple and most importantly, it’s completely free. Specifically, all you need to get your own D-U-N-S number for your business is to have these documents and apply for it. It usually takes about 30 business days for the verification process. However you can pay US $299 to fasten the process and reduce it to just 8 days. Here is the step-by-step guide to apply for a D-U-N-S number.

Step 1: Choose Business Type

Select the business type from the options mentioned below.

  • I have a U.S.-based business
  • I have a Canada-based business
  • I’m an Apple developer
  • I’m a U.S. Government Contractor or Grantee
  • I need a UFI to register with the FDA
  • I’m a Google Developer

Next post this, you’ll be redirected to the next step which is filling up a detailed overview of your business.

Step 2: Add Business Details

As soon as you select your business type, you will have to fill up the following form. This will ascertain the authenticity of your business. 

  • The legal name of your business
  • Your business address (Note: if you have multiple locations, apply for a separate D-U-N-S Number for each location)
  • Business phone number
  • The name of the business owner, president, or CEO
  • The legal structure of the business
  • The year the business was created
  • The primary business industry
  • The total number of full- and part-time employees

Step 3: Verification Timeline

Once you fill up the following details, the system will redirect you to the verification choice page. Here, you can choose between two options as below.

Option 1: Free Verification

The free verification process can take up to 30 business days. Use this if you are not in a hurry and can wait for 30 days.

Option 2: Paid Verification

If you want your D-U-N-Snumber as fast as possible, go for the paid option. Consequently, you can get the entire process done within 8 business days for a small fee of US $300 only. If you go for this option, you will be redirected to the payments page.

Step 4: Telephonic Verification & Authentication

Once you finish signing up for the D-U-N-Snumber, you will further be contacted by Dun & Bradstreet executives. They will validate the information you have provided for authenticity. After successful verification, Dun & Bradstreet will issue your unique D-U-N-S number.

d-u-n-s number

Benefits of D-U-N-S number

D-U-N-Snumber offers several benefits for businesses of all shapes and sizes. From being legal identifiers accepted internationally, D-U-N-S also has the following benefits for your business.

Business Credibility & Trust Worthiness

A D-U-N-S number can improve your business’s credibility with lenders, suppliers, and customers. It signifies that the business is established and recognized. In the United States, a valid D-U-N-S number also helps you win federal contracts. It also builds your credit profile at Dun & Bradstreet for global financial institutions to use.

Global Recognition

Furthermore, businesses globally recognize the D-U-N-S number, and it serves as your business’s international identifier. Additionally, it helps you to expand your business, establish trust between two entities, and facilitate secure business between global companies.

Market Insights

Businesses can use D-U-N-S numbers to gather market intelligence and perform competitive analysis. You can further understand the financial health and performance of competitors.

D-U-N-S Number for Apple Developer Program Agreements

For Apple developers, obtaining a D-U-N-S number is particularly beneficial. It is due to specific requirements and advantages associated with Apple’s developer programs and the broader business ecosystem. Here are the key benefits:

A valid number is mandatory for enrolling into the Apple developer program and Apple developer enterprise programs. This applies to companies, organizations, and educational institutions. While many types of businesses can receive a D-U-N-S Number, your business must be recognized as a legal entity. Your business can be a corporation, limited partnership, or limited liability company. You must meet this requirement to enter into the legal terms and obligations of Apple Developer Program agreements. DBAs, fictitious businesses, trade names, and branches are not accepted.

So if you are planning to build Apple ecosystem applications for your business, it is a must for you to get a valid D-U-N-S number. It gives access to Apple School Manager, trust amongst Apple developers, and access to various developer tools and resources. 

 

D-U-N-S Number for Google Developer Program Agreements

Just like the Apple developer community, even the Google developer community mandates the need for a verified and updated D-U-N-S number. This is done to get access to its Developer Console and to then publish apps on the various Play Store categories. If you are unable to obtain it, there are alternate ways to publish your apps. However, it is highly recommended to get it for ease of the process.

Final Comments

The D-U-N-S number is a globally recognized identification parameter that can be used for verification purposes globally thus aiding in international and internet-based businesses. Get yours and be eligible to create and publish applications on Google and Apple ecosystems. 

You can apply for the same from here.

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FAQs

The D-U-N-S number is a 9-digit unique identifier issued by Dun & Bradstreet. It serves as a trusted identifier for businesses on the internet and otherwise.

A D-U-N-S number can improve your business’s credibility with lenders, suppliers, and customers. It signifies that the business is established and recognized. In the United States, a valid D-U-N-S number also helps you win federal contracts. It also builds your credit profile at Dun & Bradstreet for global financial institutions to use.

Simply apply and get one free of charge subject to meeting guidelines. Read the blog for more information.

Written by: Shivashish

Shivashish works as a content writer at Muvi. He has worked in domains like e-commerce, employee engagement, sports and entertainment. A poet by heart, Shivashish believes in creating quality content that is rich in information and easy to understand.

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