UAE D-U-N-S® Number
D-U-N-S® number is a unique identification code given to companies after a third party assessment. It act as an initial due diligence step, mandated by many companies across the world.
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D-U-N-S® Number
DUNS (Data Universal Numbering System) Number is a unique nine-digit identifier that allows businesses to verify their legitimacy and reliability to potential partners, clients, and financial institutions. With a DUNS Number, businesses can access new opportunities, participate in government contracts, and enhance their profile in the global market.
At Filings.ae, we understand the importance of a DUNS Number for businesses aiming to thrive in today’s competitive landscape. Our dedicated team simplifies the process of obtaining your DUNS Number, ensuring you meet all requirements efficiently.
Ready to Elevate Your Business? Obtain Your DUNS Number Today with Filings.ae!
What is the DUNS Number?
The DUNS Number, also known as the D&B Number or Dun & Bradstreet ID Number, is a unique nine-digit identifier assigned to individual businesses. Established by Dun & Bradstreet in 1963, the Data Universal Numbering System (DUNS) was created to provide a standardised approach to identifying and managing business information globally. This system enables businesses, governments, and financial institutions to verify and assess companies consistently across international markets.
In the UAE, Dun & Bradstreet issues the DUNS Number to businesses, empowering them to engage more effectively in international markets, qualify for government and corporate contracts, and access critical business credit information.
Importance of DUNS Number for Business Identity
The DUNS Number UAE is the foundation for a company's Live Business Identity, a dynamic profile that provides a reliable and up-to-date view of an organisation. This profile is crucial for businesses, government agencies, and financial institutions, as it helps confirm the authenticity and activity of a business entity. By using a DUNS Number, organisations can access accurate and current information, making it easier to assess partnerships, manage risk, and confidently foster business relationships.
Why Obtain a DUNS Number? Explore the Benefits for Your Business
While a DUNS Number UAE is not required to operate a business, it is a valuable tool that can open doors to essential information and opportunities. A DUNS Number does not carry specific data or imply anything about a business's stability, creditworthiness, or diversity. However, it acts as a key to access data that allows other businesses to perform due diligence, helping them assess a potential partner's financial health, stability, and compliance with various standards. Here are some key benefits of securing a DUNS Number:
- Unique Global Company Identifier: The D&B D-U-N-S® number is a unique identifier that distinguishes your business worldwide, enhancing recognition in global markets.
- D&B Rating and Certificate of Rating: With a DUNS Number, your business receives an internationally recognized D&B Rating and Certificate of rating, showcasing your company's reliability and financial health.
- Comprehensive Company Information Coverage: The DUNS profile provides detailed insights into your company’s background, promoting transparency and helping stakeholders make informed decisions.
- Project Financial Strength and Credibility: Having a DUNS Number helps present your business as financially strong and reputable, building confidence among current and potential partners and clients.
- Enhanced Credibility with Financial Institutions: With the wide acceptance of the DUNS Number, your company becomes a trusted entity, often leading to more favourable borrowing terms from financial institutions.
- Improved Terms from Suppliers and Customers: Suppliers and customers are likely to offer better terms when they recognise your business’s reliability and stability via the DUNS system.
- Valuable Commercial Leverage for Partners: Business partners can rely on your DUNS Rating for commercial advantages, knowing they’re dealing with a reputable organisation.
- Facilitates Faster Loan Processing: A DUNS Number linked to your business credit file can accelerate the loan approval process with certain financial institutions by providing them quick access to your verified credit history.
- Insights for Improvement: The DUNS profile provides insights into areas of improvement, helping your company address weaknesses to enhance its ratings and competitiveness.
- Industry Peer Benchmarking: A DUNS Number enables fair evaluation against industry peers, allowing your business to understand its standing and gain insights into performance improvements.
- Increased Shortlisting Opportunities: Customers and suppliers often use DUNS ratings to shortlist reliable businesses, improving your chances of attracting new partnerships and contracts.
To maximize these benefits, consider applying for a DUNS Number today! Filings.ae provides professional assistance with the DUNS Number registration process, helping your business establish global credibility and access new opportunities.
When You May Be Asked to Provide a DUNS Number?
There are various scenarios where having a DUNS Number UAE can be beneficial for your business, including:
- Applying for a Loan: Financial institutions may request your D-U-N-S Number when reviewing your loan application to access an accurate financial profile.
- Seeking Credit with Business Partners: Potential partners may look up your D-U-N-S Number to evaluate your business’s creditworthiness.
- Registering as a Vendor or Supplier: Many companies, especially larger corporations, require vendors to provide a D-U-N-S Number for supplier assessments.
- Bidding on Contracts: Whether bidding locally or internationally, a D-U-N-S Number can be a prerequisite for contract eligibility.
In essence, if you want to ensure that potential partners, suppliers, or customers have a clear and reliable view of your business, having a D-U-N-S Number and maintaining an updated Live Business Identity can be a crucial asset.
DUNS Number Cost and Expedited Service Options
Obtaining a DUNS Number is free of charge, allowing businesses of all sizes and types, including S-Corps, partnerships, LLCs, and others, to secure this crucial identifier without any financial burden. However, if you require your DUNS Number more urgently, there is an option to expedite the process.
Expedited DUNS Number Service
For a small fee, you can choose the expedited service to receive your DUNS Number within eight business days. This option is ideal for businesses that need to meet urgent deadlines for contracts, government grants, or other business activities that require a DUNS Number.
At Filings.ae, we offer comprehensive services to assist businesses in obtaining their D-U-N-S Number, ensuring a smooth and guided process. Unlike the standard free option available directly from Dun & Bradstreet, Filings.ae provides enhanced support and facilitation, for which we charge a fee.
Verify DUNS Number
Before beginning the registration process, it's crucial to check if your business already has a DUNS Number assigned. Use the Dun & Bradstreet DUNS Number lookup tool to quickly find out if your business is listed in the Dun & Bradstreet database.
Select the Right Business Type for Your DUNS Number
To obtain a DUNS Number, the first step typically involves selecting your business type. This helps tailor the application process to the specific requirements and regulations associated with your business sector. Here are common business types you might need to select from:
- U.S.-based business: Choose this if your business is registered and operates within the United States.
- Canada-based business: Select this option if your business is registered in Canada.
- Apple developer: If you're applying for a D-U-N-S Number to use when registering as an Apple developer, choose this option.
- U.S. Government Contractor or Grantee: Select this if your business deals directly with the U.S. government as a contractor or grantee.
- UFI to register with the FDA: Choose this if you need a Unique Facility Identifier (UFI) for FDA registration.
- Google Developer: If you need a D-U-N-S Number to register as a Google developer, select this option.
Details Required for DUNS Number Registration in UAE
When applying for a DUNS Number in the UAE, it's important to provide comprehensive and accurate information to ensure your application is processed smoothly. Here is the information you will typically need to provide:
- The legal name of your business: The official name under which your business is registered in the UAE.
- Your business address: Provide the complete physical address of your business. If you have multiple locations, note that you will need to apply for a separate DUNS Number for each location.
- Business phone number: The main contact number where your business can be reached.
- The name of the business owner, president, or CEO: This refers to the primary executive or legal owner of the business.
- The legal structure of the business: Indicate whether your business is a sole proprietorship, partnership, corporation, or another type of legal entity.
- The year the business was created: The year when your business was officially established.
- The primary business industry: Specify the main industry or sector in which your business operates.
- The total number of full- and part-time employees: Include a count of all employees, distinguishing between full-time and part-time status if possible.
Documents Required for DUNS Number Registration
To successfully register for a DUNS Number, you’ll need to prepare the following documents, which verify your company’s identity, financial standing, and compliance with regulatory standards:
- Last 3 Years Audited Financials (if applicable): Submit the audited financial statements of the previous three years to demonstrate the company’s financial stability.
- Trade License: Provide a copy of your company’s trade license to verify its legal authorisation to operate.
- VAT Registration Certificate (if applicable): If your company is VAT-registered, include the VAT registration certificate to validate tax compliance.
- Memorandum of Association (MOA): This document outlines the company's objectives, shareholding structure, and operational framework.
- Basic KYC Documents of Shareholders: Submit essential Know Your Customer (KYC) documents for all shareholders, such as identification and proof of address, to confirm their identities.
- Duly Filled Questionnaire: Complete and attach the required questionnaire provided by the DUNS registration authority for additional details about your business.
- OFAC AML Compliance Form: The Office of Foreign Assets Control (OFAC) Anti-Money Laundering (AML) compliance form, filled and signed, ensures your company adheres to AML regulations.
- Company Profile or Website: Include a company profile or a link to your website to give a clear overview of your business operations and industry presence.
- Industry Certifications (if available): If your company holds any industry-specific certifications, attach them to reinforce credibility and expertise.
Procedure for DUNS Number Registration in UAE
Acquiring a DUNS (Data Universal Numbering System) Number registration is essential for businesses operating in the UAE, as it enhances credibility and facilitates international transactions. Here’s a step-by-step procedure on how to secure your DUNS Number registration:
Step 1: Visit the DUNS Website
Visit the official Dun & Bradstreet website or the designated DUNS registration portal for UAE. This is where you will initiate your request for a DUNS Number.
Step 2: Fill Out the DUNS Number Registration Form
Once on the website, locate the DUNS Number registration form. You will need to provide specific information about your business, including name, name of the organisation, VAT/TRN number, etc. (all the details mentioned above)
Step 3: Checkout and Expedite Your Request
You may have the option to expedite your DUNS Number request during the application process. While this is not mandatory, standard processing may take up to 30 business days. You can receive your DUNS Number within five business days if you choose to expedite.
Step 4: Validation and Receipt of Your DUNS Number
After submitting your DUNS number registration form, a representative from Dun & Bradstreet may contact you to validate your information. Once your details are authenticated, you will receive your DUNS Number via email from Dun & Bradstreet, completing the process.
How Filings.ae Supports You in DUNS Number Registration?
At Filings.ae, we simplify the process of obtaining a DUNS Number for businesses in the UAE. Our experienced team provides comprehensive support from start to finish, ensuring that you understand the requirements and complete your application accurately. We handle all the necessary documentation and facilitate communication with Dun & Bradstreet, saving you valuable time and effort. Additionally, we offer guidance on how to leverage your DUNS Number to enhance your business credibility, qualify for government contracts, and access financing opportunities. With Filings.ae, you can navigate the DUNS Number registration process with confidence, allowing you to focus on what you do best—growing your business.
Get Your DUNS Number with Ease—Apply Now!