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Data Universal Numbering System (DUNS) Number

Contents

  1. Understanding the DUNS Number
  2. How DUNS Numbers Work
  3. Applying for a DUNS Number
  4. Special Considerations

Demystifying the Data Universal Numbering System (DUNS) Number

The Data Universal Numbering System (DUNS) number plays a crucial role in identifying businesses, particularly in the United States. Let's delve into the intricacies of DUNS numbers, how they work, and their significance in various business contexts.

Understanding the DUNS Number

Introduced by Dun & Bradstreet in 1963, the DUNS number serves as a unique nine-digit identifier for businesses. It provides comprehensive information about a company, including its name, address, workforce size, and line of business, among other details.

How DUNS Numbers Work

The DUNS number facilitates business operations by enabling companies to bid for government contracts, apply for federal grants, and establish credibility with lenders and retailers. It also aids in accessing information about other businesses and potential partners or customers.

Applying for a DUNS Number

Obtaining a DUNS number is a straightforward process, typically done through the D&B website. While it's voluntary for businesses to register for a DUNS number, it's often mandatory for engaging in government contracts and international business activities.

Special Considerations

Each physical location of a business requires a separate DUNS number, emphasizing the need for accurate management and verification of information. Additionally, it's essential to note that DUNS numbers are specific to Dun & Bradstreet and may not be found in databases maintained by other credit bureaus.