What is PAN in India?
Permanent Account Number or PAN is a ten-digit alphanumeric number issued by the Income Tax Department of India, to any person or entity who applies for it.
PAN Number for Foreign Nationals and Businesses
PAN can also be issued to both foreign nationals and foreign entities (businesses or not-for-profit organisations or others) – who make an application.
Is PAN Mandatory for Foreign Individuals and Entities?
Permanent Account Number, aka, PAN makes the process of linking all the financial transactions of a person or entity easier. It has become mandatory in several financial transactions in India. At TaxAdvisorIndia, we advise and help in applying and getting the PAN number for foreign nationals and foreign entities.
Foreigners PAN Application Document Checklist
The following documents must be submitted along with the PAN application to obtain PAN for any type of Company or Corporate registered outside of India.
- A copy of Certificate of Registration issued in the country outside India where the applicant is located, duly attested by ‘Apostille’ (in respect of countries which are signatories to the Hague Apostille Convention of 1961) or by Indian embassy or High Commission or Consulate in the country where the applicant is located.
- A copy of registration certificate issued in India or of approval granted to set up an office in India by Indian Authorities.
The following documents must be submitted along with the PAN application to obtain PAN for a Limited Liability Partnership (LLP) registered outside of India.
- A copy of Certificate of Registration issued in the country outside India where the applicant is located, duly attested by ‘Apostille’ (in respect of countries which are signatories to the Hague Apostille Convention of 1961) or by Indian embassy or High Commission or Consulate in the country where the applicant is located.
- A copy of registration certificate issued in India or of approval granted to set up an office in India by Indian Authorities.
The following documents must be submitted along with the PAN application to obtain PAN for an Association or Not for Profit Entity or Organisation registered outside of India.
- A copy of Certificate of Registration issued in the country outside India where the applicant is located, duly attested by ‘Apostille’ (in respect of countries which are signatories to the Hague Apostille Convention of 1961) or by Indian embassy or High Commission or Consulate in the country where the applicant is located.
- A copy of registration certificate issued in India or of approval granted to set up an office in India by Indian Authorities.
Foreigners PAN Card Procedure
Foreign nationals and foreign entities who wish to obtain PAN in India can make an application in Form 49AA. Application for PAN can be made online. However, a copy of the signed PAN application must be signed and sent to the NSDL office in India. On acceptance of the application, PAN card would be dispatched by courier to the address mentioned on the application.
Download Foreigners PAN Card Application
Download PAN Card Application for Foreign Businesses or Foreign Entities or Foreign Nationals