Obtaining EIN and DUNS Number
For nearly all businesses, they should first get an EIN from the IRS after the business is formed. A DUNS Number is optional and doesn’t need to be obtained right away. If you find out it’s needed in your industry, you can always apply for one later.
Registering with Dun & Bradstreet
To register with D&B, you are not required to obtain a Tax Identification Number (TIN) or Employer Identification Number (EIN). When registering, simply leave the TIN/EIN information blank.
Documents Required for DUNS Number
What documents do I need for a DUNS number?
A DUNS number is a unique nine-digit code that identifies each business location in the Dun & Bradstreet database. Obtaining a DUNS number is optional for most businesses but required for registering with the federal government, applying for business loans, or building business credit.
To get a DUNS number, you’ll need to provide your business’s legal name, address, phone number, ownership details, and other information to Dun & Bradstreet for verification. The process usually takes 1-2 days. With a DUNS number, businesses can build their business credit profile and prove their credibility to lenders, suppliers, and potential partners.
Some key details about DUNS numbers:
- Created in 1962 by Dun & Bradstreet to identify businesses globally
- Each number identifies a unique business location
- Assigned through a verification process for confirming a company’s details
- Helps demonstrate credibility and assess financial stability
- Often required for government contracts and federal funding
- Also aids in getting business loans and building business credit
Cost of Obtaining DUNS Number
How much does DUNS number cost?