We are all aware that in today’s world, time is money. Streamlining processes and mitigating risks is a constant quest for both employers and employees.
Verifying company entities is crucial for any business, and this verification process is made significantly more efficient with the help of APIs, which can perform the task of identifying companies automatically.
CNPJ Lookup API is a powerful example of a company identification API. It allows users to retrieve detailed information about Brazilian companies by simply providing their CNPJ code. The CNPJ (Cadastro Nacional da Pessoa Jurídica) is a unique identification number assigned to each legal entity in Brazil. Let’s take a look at what the use of this API can bring to Brazilian companies.
About The Benefits Of This API
A company identification API such as CNPJ Lookup API offers numerous advantages for users. One key benefit is its ability to provide comprehensive information about a company registered on state databases. This includes details like the company’s legal name, trading name, address, contact information, and registration status. By simply incorporating a few lines of code, users can access a vast amount of data, saving valuable time and resources.
Time-saving benefits
The API catalyzes streamlined processes in various business activities. It enables faster and more reliable identity verification, allowing businesses to efficiently authenticate the legitimacy of their customers or partners. This feature is particularly crucial in situations where trust and compliance play a vital role, such as when opening bank accounts, signing contracts, or engaging in financial transactions. By automating the verification process, the API significantly reduces the risk of fraud and enhances overall security.
Furthermore, CNPJ Lookup API empowers businesses to conduct thorough due diligence. Before entering into partnerships or collaborations, it is essential to assess the reputation and financial stability of potential counterparts. By accessing a company’s registration status, legal name, and other essential information, organizations can make informed decisions and mitigate potential risks. This functionality proves invaluable in reducing the chances of engaging with unauthorized or fraudulent entities through contracts.
Business Research Benefits
The API also provides significant benefits for business research. Researchers, analysts, and market intelligence professionals can utilize CNPJ Lookup API to gather insights into the Brazilian business landscape. By retrieving accurate and up-to-date company data in real time, they can analyze market trends, identify potential competitors, evaluate industry dynamics, and make data-driven decisions. The API seamlessly integrates with other systems or platforms, ensuring a smooth research process and increasing overall productivity.
Efficiency and accuracy are fundamental aspects of the Identification API. Automating the retrieval of company information through CNPJ codes eliminates the need for manual searches, reduces the chances of human error, and enhances overall productivity. Moreover, with regular updates from state databases, the API guarantees that users have access to the most current and reliable information, thereby fostering trust and confidence in their decision-making processes.
How Does This API Work?
CNPJ Lookup API only needs to be provided a company’s CNPJ code as input for it to work, with no slashes nor dashes, after which the API performs a quick search, pulling the relevant information from Brazil’s Federal Revenue database. Here’s an abridged example of an endpoint displaying a company’s information:
{
"tax_id":"02429144000193",
"type":"MATRIZ",
"name":"CPFL ENERGIA S.A.",
"alias":"",
"founded":"1998-03-25",
"size":"DEMAIS",
"capital":"943562575975.0",
"email":"[email protected]",
"phone":{
"phone_1":"(19) 37568020",
"phone_2":null,
"fax":null
},
"address":{
"street":"RUA JORGE DE FIGUEIREDO CORREA",
"number":"1632",
"details":"PARTE",
"zip_code":"13087397",
"neighborhood":"JARDIM PROFESSORA TARCILIA",
"city":"CAMPINAS",
"state":"SP"
},
"legal_nature":{
"code":"2046",
"description":"SOCIEDADE AN\u00d4NIMA ABERTA"
},
"registration":{
"status":"ATIVA",
"status_date":"2004-12-24",
"status_reason":"00",
"special_status":"",
"special_status_date":null,
"simples_option":"N\u00c3O OPTANTE",
"simples_option_date":null,
"simples_exclusion_date":null,
"mei_opting":"N\u00c3O OPTANTE"
},
"primary_activity":{
"code":"6462000",
"description":"Holdings de institui\u00e7\u00f5es n\u00e3o financeiras"
},
"secondary_activities":[
],
"membership":[
{
"name":"YUMENG ZHAO",
"tax_id":"***777708**",
"role":{
"code":"10",
"description":"DIRETOR"
},
"shareholder":[
{
"tax_id":"02429144000193",
"name":"CPFL ENERGIA S.A."
},
{
"tax_id":"07234440000152",
"name":"INSTITUTO CPFL"
}
]
},
{
"name":"KARIN REGINA LUCHESI",
"tax_id":"***880918**",
"role":{
"code":"10",
"description":"DIRETOR"
},
"shareholder":[
{
"tax_id":"02429144000193",
"name":"CPFL ENERGIA S.A."
},
{
"tax_id":"03491603000121",
"name":"PAULISTA LAJEADO ENERGIA S\/A"
},How Can I Get This API?
CNPJ Lookup API revolutionizes the way businesses verify Brazilian companies by harnessing the power of technology and real-time data. Its seamless integration into apps or websites allows employees to access comprehensive company information swiftly, saving time and resources. As the business landscape continues to evolve, the importance of accurate and reliable company identification cannot be overstated. CNPJ Lookup API paves the way for a new era of efficiency, security, and informed decision-making.
Additionally, the API’s ability to prevent fraud ensures that businesses make informed decisions and minimize potential risks. By embracing such a company identification API, companies in Brazil can enhance their due diligence practices and foster a more secure and efficient business ecosystem. You can try out this API that can expedite the identification of companies easily by following these instructions:
1- Go to www.zylalabs.com and search for “CNPJ Lookup API“, then click on the “Start Free Trial” button to start using the API.
2- Register and choose the plan that suits you best, you can cancel it whenever you want, even at the end of the free trial.
3- Once you find the endpoint you need, make the API call by clicking the “run” button and you will see the results on your screen. You can also choose the programming language of your choice and the response will be given in the friendly JSON format.