UAE Trade Licence Verification Prefill
UAE Trade License Verification API is an essential tool for businesses involved in transactions with entities based in the UAE. It allows users to validate the legitimacy of a company's trade license status, ensuring compliance with regulatory requirements and promoting transparency in business transactions using either of Licence Number or Business Name.
Signzy has streamlined the verification of trade licenses by automating the process of visiting the National Economic Register (NER) through an API, utilizing its partner to facilitate this automation.
The API serves several purposes, including:
- Compliance: By verifying the trade license, businesses can ensure adherence to domestic and international tax regulations and laws. This helps prevent tax evasion and supports compliance with financial obligations imposed by governments and tax authorities globally.
- Business Transactions: Validating the trade license is crucial for conducting secure and trustworthy business transactions with UAE-based entities. It provides assurance to all parties involved, confirming the legitimacy of the trade license and instilling confidence in the business relationship.
- Risk Management: By verifying the trade license, organizations can assess the potential risks associated with engaging in business relationships and transactions. It enables them to evaluate the compliance history of a company, identify any irregularities, and make informed decisions based on the level of risk involved.
- Fraud Prevention and Money Laundering: Verifying the trade license helps combat fraudulent activities and money laundering. It allows businesses and financial institutions to confirm the identity of entities involved in financial transactions, reducing the risk of fraudulent schemes and illegal activities.
The UAE Trade License is an official authorization granted to entities by the relevant government authorities in the UAE. It enables businesses to engage in specific commercial activities within the designated jurisdiction and in accordance with UAE laws and regulations.The UAE Trade License provides a comprehensive overview of the business's legal status, authorized activities, and regulatory compliance, serving as a fundamental document that demonstrates legitimacy and adherence to trade laws in the UAE.
Response Time of API :- 10-15 Seconds
**Coverage:
**Trade license coverage is based on NER's database. Signzy does not manipulate or maintain its own database.
The API expects the following input in the request payload:
Field | Type | Required | Description |
|---|---|---|---|
edLicenseNumber | string | Optional parameter, but anyone of edLicenseNumber or businessName need is required | The Trade License number to be verified. |
businessName | string | Optional parameter, but anyone of edLicenseNumber or businessName need is required | Name of the business to be verified. |
minMatchScore | float | Optional | Minimum match score expected input between business keyword and the output business nameRanges from 0 to 1. |
The API supports multiple use cases, each designed to streamline the verification process. Here are the supported use cases:
- Using Only edLicenseNumber as Input:
- The API can accept edLicenseNumber as the sole input. It will search based on the license number and return a list of businesses. Since multiple businesses may share the same license number across different freezones, the API will provide a list of all matching businesses.
- Using edLicenseNumber, businessName, and minMatchScore as Input:
- When edLicenseNumber and businessName are provided, the API initially searches using the license number. It then filters the results by comparing the input business name with the output business names. The minMatchScore parameter should also be provided to ensure that only matches above this threshold are considered.
- Using Only businessName as Input:
- The API can accept businessName as the sole input. It will search based on the business name and return a list of businesses. As multiple businesses may have similar names across different freezones, the API will provide a list of all matching businesses.
- Using businessName and minMatchScore as Input:
- When businessName and minMatchScore are provided, the API searches using the business name and filters the results by comparing the input business name with the output business names. Only those matches above the minMatchScore threshold will be included in the final output.
By supporting these use cases, the API ensures flexible and accurate verification of trade licenses, catering to various user requirements.
Using minMatchScore in the API
When performing a search, the API might return multiple businesses. The minMatchScore parameter is utilized to refine these results by matching the input business name with the output business names using fuzzy matching.
- Medium: 0.4
- Strict: 0.8
These values help determine the accuracy of the match, with higher scores ensuring stricter matching criteria.
Field | Type | Description |
|---|---|---|
results | array | Array of objects containing trade license verification results. |
edLicenseNumber | string | Verified trade license number. |
cblsNumber | string | CBLS Federal Reservation Number |
businessName | string | Business name. |
businessNameArabic | string | Business name in Arabic. |
expiryDate | string | Expiry date of the trade license. |
IssueDate | string | Issue date of the trade license. |
licenseStatus | string | Status of the trade license. |
licensingAuthority | string | Authority responsible for issuing and regulating the trade license. |
legalForm | string | Legal form of the business entity. |
activityName | string | Business activity name. |
activityNameArabic | string | Business activity name in Arabic. |
address | string | Business address. |
phoneNumber | string | Business phone number. |
Guidelines for Using the API
- Handling Multiple Businesses with the Same Trade License
- Due to the absence of a central repository, it is possible for different companies to have the same trade license number under various authorities. Therefore, we recommend using both the business name and trade license number in the input for more accurate matches.
- Improving Accuracy with Business Names
- When providing both the business name and trade license number, it is advisable to use a keyword or part of the business name rather than the full name. This approach tends to yield better accuracy.
- Using Only Business Name as Input
- When only the business name is used as input, the NER source matches the name in its database and returns exact matches. However, there may be discrepancies between the business name on the trade license document and the names stored in the NER database. To address this, we recommend the following:
- Remove common suffixes such as "LLC," "Co," "Inc," etc., if no results are found. In the NER, "LLC" might be stored as "L.L.C.," "L L L," or "L. L. C." Similarly, other common abbreviations at the end of business names should be removed before passing the input to the API.
By following these guidelines, you can enhance the accuracy and reliability of the search results when using the API.
Field | Type | Description |
|---|---|---|
reason | string | Reason for the error. |
status | number | HTTP status code. |
message | string | Error message indicating an upstream error. |
type | string | Error type. |
statusCode | number | Status code representing the error scenario. |
Getting help
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