How to Apply PAN Number for a Company

Step-by-Step Guide

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   Step 1: Be aware that the foreign company can opt for a facilitator (PAN agent)

   On the other hand a company can make a direct application using the NSDL tax information network or the UTI PAN department; however the process could be a little perplexing for international firms.
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   Step 2: which might cost some extra money; but it’s for sure that such an authorized agent will make the Government PAN process lot simpler and get the job done quickly.

   , This can be downloaded from the internet or obtained from any reliable PAN broker website.
   
   One such authorized broker is: http://www.PanCardNri.com ,, This certificate must include a few details. , This could contain the full registered address of the company. ,, If your firm is registered in any other country then you can get more information about how to get the documents apostilled from the broker through which you are getting the application processed.
   
   In general an apostille is valid in a country that participated in the Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents.
   
   If the concerned country has signed this pact, no authorization will be needed because India is a party to this convention. , This is like a cheque but must be obtained to pay Income Tax Department.
   
   At present the company PAN fee is Rs.964.
   
   If you have trouble getting a demand draft made, then you may take help of an agent. , The fee has to be paid in Indian rupees (INR).
   
   The draft should be drawn in favor of NSDL – PAN or UTITSL and it has to be payable at Mumbai. ,, All these information are obtained from the draft itself. , The default AO code is optional. , This number will help you track the status of your application. , You can obtain the exact address from the website or the broker. ,
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   Step 3: Thoroughly familiarize oneself with the guideline for company application for PAN before you start the process.

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   Step 4: Make the application using form 49A.

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   Step 5: Send the Government 2 supporting documents along with a company PAN form as an identity and address proof.

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   Step 6: Make sure your ID Proof is an APOSTILLED copy of the certificate of incorporation or Business registration certificate or Articles of incorporation is necessary as an identity proof for the firm.

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   Step 7: Make sure your Address proof is an APOSTILLED copy of the bank statement showing company name and current communication address where the card would be delivered.

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   Step 8: Know that if you do not have any of the above required documents then you may obtain them from the concerned authority in the country where your company was incorporated or registered initially.

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   Step 9: Know that the copies of the above documents can be sent in the UK to the Legalization Office of the Foreign and Commonwealth Office (FCO) and Secretary of state office in the USA for apostille.

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    Step 10: Have a bank draft.

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    Step 11: Ask for a foreign currency draft.

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    Step 12: Remember that though the draft itself may not be a very big amount

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    Step 13: the bank charges often exceed the face value of the draft and these bank charges will have to be borne by you.

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    Step 14: Provide the details of the bank draft like issuing bank

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    Step 15: date of issue

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    Step 16: demand draft number etc.

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    Step 17: Leave the name and other details of the Assessing Officer blank.

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    Step 18: Download and print the webpage which contains your PAN card application number and sign it.

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    Step 19: Send the three documents to your respective PAN agent/broker or directly to the NSDL/NSDL processing center in India.

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    Step 20: Wait for the Government to issue your firm a PAN number and the actual physical PAN card will be couriered to your foreign address in about five weeks.

Detailed Guide

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