There is a registration called DUNS Registration which is recognized at international level. A system known as the Data Universal Number System (DUNS) is utilized to maintain a precise and thorough identifying system for organizations that transact business with the US federal government.
The Data Universal Numbering System (DUNS) number is a special nine-digit identification number provided by Dun & Bradstreet (D&B) to organizations looking to conduct business with the federal government. A DUNS number can be site-specific, meaning each distinct physical location of an organization (such as branch offices) may be given its own DUNS number, but for small organizations, one DUNS number is typically sufficient. Obtaining a DUNS number is free of charge, and requests can be made over the phone or online.
A DUNS number is required for the filing of any application for a Shuttered Venue Operators Grant (SVOG) by any organization wishing to conduct business with the federal government.
The following information is required:
- Legal name of your entity
- Headquarters name and address for your organization
- Doing business as (DBA) or other name by which your organization is known or recognized
- Physical address, including city, state and zip code
- Mailing address (if separate from headquarters and/or physical address)
- Telephone number
- Contact name and title
- Number of employees who work at the physical location you are seeking a number for.
There are various benefits of having DUNS registration by any organizations. Lenders or vendors can look up and assess your company’s D&B rating using your DUNS number. This rating serves as your company’s equivalent of a credit score.
There are many benefits of having a D-U-N-S number assigned to your business:
- Your business entity can be identified by corporations and other organizations worldwide. The D-U-N-S database system is standardized internationally.
- By keeping your Dun & Bradstreet PAYDEX Score (scores credit worthiness from 0-100) high you ensure banks and vendors more quickly do business with you.
- You can establish, identify, and enhance the credit score for your business. Once you have a D-U-N-S number, you can look up your company’s credit rating and use the information to make decisions that advance your business.
- Your business will be able to contract with business entities that require partners to have a D-U-N-S. Having a D-U-N-S number is required to do business with the US government and many other organizations.
- Your D-U-N-S number is often necessary for obtaining grants and loans for your business. Most banks have this requirement, and it applies to government grants as well.
Following is the website from which DUNS registration can be obtained:
https://www.dnb.com/duns-number/lookup.html
Hence, DUNS registration is good way for the organizations to make international presence.
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