In today’s fast-paced business environment, seamless customer onboarding is crucial for success. When dealing with customers in Brazil, having accurate and up-to-date information about a company is essential for efficient decision-making and risk assessment. Thankfully, technology has made it possible to access such information with ease through the use of company identification APIs. One such API, which operates based on the CNPJ code, provides comprehensive details about companies in Brazil. In this article, we will explore how to use this API and discuss its potential to enhance customer onboarding processes.
CNPJ stands for Cadastro Nacional da Pessoa Jurídica, which translates to the National Registry of Legal Entities. It is a unique identification number assigned to every legal entity operating in Brazil, including companies, organizations, and institutions. The CNPJ code serves as an official record of a company’s identity, financial standing, legal structure, and other pertinent details. By utilizing the company identification API, businesses can leverage this code to access comprehensive information about their potential or existing customers.
Benefits of Using A Company Identification API
To utilize CNPJ Lookup API effectively, developers need to integrate it into their systems or applications, which is very intuitive. The API allows users to request information about a specific company by providing the corresponding CNPJ code as a parameter. The code acts as a key to unlock a wealth of information from the database associated with the Brazilian government’s official records.
Implementing a company identification API such as CNPJ Lookup API can offer several benefits that contribute to improving customer onboarding and overall business operations:
- Enhanced Due Diligence: By leveraging the API’s capabilities, businesses can perform thorough due diligence on potential customers. They can verify the accuracy of the provided information, validate a company’s legal existence, and help in assessing its financial stability.
- Streamlined Processes: Automating the retrieval of company information through the API significantly speeds up the customer onboarding process. Businesses can eliminate manual research, reduce administrative overheads, and enhance operational efficiency.
- Improved Decision-making: Reliable and accurate data provided by the API equips businesses with valuable insights. It assists in making well-informed decisions when it comes to credit approvals, partnerships, investments, and other critical aspects of customer relationship management.
- Compliance and Regulatory Adherence: CNPJ Lookup API ensures businesses adhere to compliance requirements and regulatory standards. By accessing official records, companies can verify the authenticity and legality of potential customers, reducing the risk of engaging in illicit activities.
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, in this case, of the cosmetics company Natura:
{
"tax_id":"71673990004598",
"type":"FILIAL",
"name":"NATURA COSMETICOS S\/A",
"alias":"",
"founded":"2019-03-26",
"size":"DEMAIS",
"capital":"0.0",
"email":"[email protected]",
"phone":{
"phone_1":"(11) 43897317",
"phone_2":null,
"fax":null
},
"address":{
"street":"RODOVIA DOM GABRIEL PAULINO BUENO COUTO",
"number":"1.936",
"details":"CRP - DOCA 15",
"zip_code":"13295000",
"neighborhood":"NOVA ERA",
"city":"ITUPEVA",
"state":"SP"
},
"legal_nature":{
"code":"2046",
"description":"SOCIEDADE AN\u00d4NIMA ABERTA"
},
"registration":{
"status":"ATIVA",
"status_date":"2019-03-26",
"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":"4646001",
"description":"Com\u00e9rcio atacadista de cosm\u00e9ticos e produtos de perfumaria"
},
"secondary_activities":[
],
"membership":[
{
"name":"JOAO PAULO BROTTO GONCALVES FERREIRA",
"tax_id":"***269878**",
"role":{
"code":"16",
"description":"PRESIDENTE"
},
"shareholder":[
{
"tax_id":"00190373000172",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000253",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000334",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000415",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000504",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000687",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000768",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"00190373000849",
"name":"INDUSTRIA E COMERCIO DE COSMETICOS NATURA LTDA"
},
{
"tax_id":"15537286000116",
"name":"NATURA BIOSPHERA FRANQUEADORA LTDA."
},
{
"tax_id":"15537286000205",
"name":"NATURA BIOSPHERA FRANQUEADORA LTDA."
},
{
"tax_id":"24276833000148",
"name":"NATURA COMERCIAL LTDA."
},
{
"tax_id":"24276833000229",
"name":"NATURA COMERCIAL LTDA."
},
{
"tax_id":"24276833000300",
"name":"NATURA COMERCIAL LTDA."
}How Can I Get This API?
Leveraging the power of company identification APIs has become essential for businesses seeking to improve customer onboarding processes. CNPJ Lookup API provides access to comprehensive information about companies in Brazil. By integrating this API into their systems, businesses can enhance their due diligence efforts, streamline processes, mitigate risks, and make informed decisions. This powerful tool plays a vital role in improving customer onboarding, strengthening business relationships, and fostering growth in the Brazilian market. You can try out this company identification API 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.