A Permanent Account Number (PAN) is like a unique identification number for individuals and businesses in India. It’s a way for the government to keep track of your financial transactions, such as paying taxes, buying property, or opening a bank account. In India, every person or organization, including foreign citizens and entities, who earn taxable income, must have a PAN card. This card is like your financial ID and is essential for various financial activities like paying taxes, buying property, or opening a bank account. It’s a 10-digit code that links and stores all your tax-related information.

Before you apply for a PAN card, it’s important to know if you meet the specific criteria for eligibility and gather the necessary documents. These criteria and documents ensure that the government can keep track of your financial transactions and properly tax your income. So, whether you’re an individual or a company, your PAN card is crucial for staying on the right side of tax regulations in India.

Application Requirements for Permanent Account Number (PAN) Registration

1. For Individuals: You need to be an Indian citizen with valid proof of your identity, address, and date of birth.
2. For Hindu Undivided Families (HUF): The head (Karta) of the family can apply for a PAN card on behalf of the HUF by providing their identity, address, and date of birth proofs, along with the details of other family members.
3. For Minors: Parents can apply for a PAN card for their children, and they need to provide their own documents along with the child’s date of birth proof.
4. For Mentally Retarded Individuals: If needed, their representatives can apply for a PAN card.
5. For Partnership Firms: You’ll need a copy of the firm’s registration certificate or partnership deed.
6. For Limited Liability Partnerships (LLP): You should have a copy of the LLP’s registration certificate.
7. For Trusts: Trusts can apply by providing their trust deed and registration certificate from the Charity Commissioner.
8. For Companies: Companies must be registered with the state Registrar of Companies and provide a copy of their registration certificate.
9. For Local Authorities: They can apply by submitting a copy of the agreement.
10. For Associations of Persons: Registered associations need to provide a copy of their registration certificate.
11. For Artificial Judicial Persons: They can apply with the government’s registration certificate that establishes their identity and address.

Documents Needed to register Permanent Account Number (PAN)  Registration

Individual Applicant : POI/ POA- Aadhaar, Passport, Voter ID, Driving Licence

For Indian Companies, Trusts, Partnership Firms:

• Partnership Firms: Provide a copy of your registration certificate or partnership deed.
• Limited Liability Partnerships (LLP): You’ll need a copy of your registration certificate from the Registrar of LLPs.
• Trusts: Submit your Certificate and Deed of registration number issued by the charity commissioner.
• Companies: Register with the State Registrar of Companies and provide a copy of your registration certificate.

For Local Authorities and Associations of Persons:

• Local Authorities: Present a copy of the agreement during your PAN card application.
• Associations of Persons: Submit a copy of your registration certificate.

For Foreign Citizens:

• Proof of Identity: Provide your passport, PIO, OCI card, or Taxpayer Identification Number (TIN) from your country. Get it attested by the Indian consulate or an authorized official from an Indian bank branch.
• Proof of Residence: Furnish documents like your OCI, PIO, or passport, along with attested TIN or CIN. You can also use a bank account statement, NRE account statement, or other address-related documents.

For Foreign Companies and Organizations:

• Provide a copy of your registration certificate issued outside India, attested by the Apostille, Indian Embassy, or consulate in your residing country.
• If you’re approved to set up an office in India, include a copy of the registration certificate or approval by Indian authorities.