Tuesday, June 30, 2015

Dun and Bradstreet: How That Relates to Your Shelf Corporation


Business owners will soon grow very familiar with two words: Dun and Bradstreet. And especially if you’re a shelf corporation owner, you may be wondering what kind of involvement you’ll need to have with Dun and Bradstreet. What’s the deal with them? Let’s take a look.

The Basics of Dun and Bradstreet

What does Dun and Bradstreet offer? Namely, Dun and Bradstreet is a company that offers a database of over 240 million companies. They also offer finance solutions and operations solutions. Dun and Bradstreet are also behind the DUN system.

The DUN system, or the Data Universal Numbering System, assigns businesses a unique, nine-digit DUNs code. DUNs codes can be given to businesses world-wide, and not just US based businesses.

Shelf Corporations and DUNs



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Now, as a business, you’ll need a DUN as soon as businesses start reporting your payment activity. However, a DUN is assigned to you at no cost. Unlike an EIN, you will not need to register for your own DUN. Dun and Bradstreet will also rate your credit profile as you grow as a business, accumulating more trade lines and financing.

You also are under no obligation to purchase financial products from Dun and Bradstreet, although such products will certainly be offered. After all, we don’t recommended purchasing financial products from Dun and Bradstreet. Credit building is a process you can do on your own or in tandem with Whole Sale ShelfCorporations.

But to sum it up, DUNs are free and allow your business to be listed on Dun and Bradstreet’s extensive database of businesses, important for any customer or financier to have in order to do business with you.

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