How to Register for a Business PAN Card?

how to apply for business pan card

Establishing a business in India spikes too many compliance needs, and one of them is registering for a Permanent Account Number (PAN) Card. A Business PAN Card isn’t just a statutory requirement- it opens the gateway to streamlined financial processes, compliance, and even getting started with a bank account for your business. Doesn’t matter if you are an individual entrepreneur, running a partnership firm, or leading a private limited company; a company PAN card is mandatory for every business entity in India.

This blog will take you through what a Business Permanent Accounting Number Card is, steps for registration, documents needed, and everything you should know. Let’s move ahead to know in detail. 

What Does a Business PAN Card Mean?  

A  Business Permanent Account Number (PAN) Card refers to a unique ten-digit alphanumeric identification number issued by the Indian IT department to businesses. Similar to PAN cards issued for individuals, company cards also serve as official proof of identity and are compulsory for every financial transaction, compliance, and other government processes.

What is the Importance of a PAN Card for a Business? 

importance of business pan card

How to Get Business PAN Card Online? 

Step 1: Visit NSDL portal, and you will see the application displayed on your screen.

Step 2: Choose New PAN- Indian Citizen (Form 49) or New PAN- Foreign Citizen (Form 49AA) from the drop-down based on your category.

Step 3: From the 2nd drop, add the category as “COMPANY”.

Step 4: Fill in details like name, date of incorporation, and contact details.

Step 5: If you want an e-PAN card, choose “Submit digitally through e-KYC and e-Sign’, or else you can go ahead with the physical PAN Card option.

Step 6: Now, insert information into the fields like company details, contact details, AO code, and upload all the requested documents.

Step 7: Select the payment mode and go ahead with the transaction. You will see an acknowledgment letter generated on your screen. Make sure you download and take a print of the slip to track your registration status from the acknowledgment number displayed on the slip.

Step 8: Once the registration is complete, you will receive the Business PAN Card at the company’s registered office address. If you have requested an e-PAN card, it will be sent to your registered company’s email address within 15-20 days. 

How to Get Business PAN Card Offline? 

  1. Locate the nearest PAN center and visit the office.
  2. Get the physical copy of Form 49A. You can also download and print the form from the Protean PAN Website.
  3. Read and enter all the details with a black pen and sign the form. Please note that the company director needs to sign the application form.
  4. Attest all the copies of the required documents to the form and submit it to the PAN center along with the application charges.
  5. You will get a physical copy of the acknowledgement receipt as proof of the application submitted.
  6. Post verification, the PAN card will be delivered to your company’s office via postal service, or an e-PAN card will be sent to your registered email ID within 15-20 day

Which Documents are Required to Register for a Business PAN Card? 

Documents like a passport-size photo of the authorized person, form 49A, and application charges are mandatory for all business categories. A few documents for registering a company card differ based on the type of business you have.

Let’s see below which documents you need to submit. 

Business Type Documents Needed 
Partnership Firm Copy of partnership deed, ID proof of every partner (Aadhaar, voter ID, etc) and firm’s address proof. 
Sole Proprietor ID card of the owner (Aadhaar Card, Passport, Voter ID, Driving Licence), owners address proof (utility bill, Passport, Aadhaar card, Bank Passbook), and Business registration certificate/ Business GST registration certificate/ Bank Account Statement of business 
Private Limited company / LLP Business establishment certificate from ROC, Memorandum of association, director’s ID proof, and office address proof. 
Trust and Societies Trust agreement/ society registration certificate, trustee ID as well as address proof, and registered office address proof. 

Who Can Register for a Business PAN Card? 

  • A Registered Company
  • Limited Liability Partnership (LLP)
  • Partnership firm
  • Hindu Undivided Family (HUF)
  • Association of persons
  • Body of Individuals
  • Trust
  • Incorporations
  • Limited companies
  • Associations
  • Private firms
  • Hedge funds
  • Foreign institutional investors

What is the Fee Structure of a Business PAN Card? 

Application Type Delivery Channel of Company PAN Card Fees + GST 
PAN Card Registration form Submitted at the center or online portal using physical modeCard Delivered Physically at the Registered office Address within India₹107
Delivering Company card outside India ₹1,017
PAN Card application form submitted through onlineCard Delivered in India ₹101
Business PAN card delivered outside India₹1,011
PAN card form submitted offline or online through physical modee-Card Sent to Registered eMail ID₹72
PAN Card Form Submitted through Online Portal e-Card Sent to Registered eMail ID₹66

Top 5 Tips For Hustle-free Business PAN Card Registration Process! 

  1. Thoroughly read all the guidelines mentioned in the application and keep all the supporting documents ready to be uploaded.
  2. For printed forms, enter the details in block letters and use a blank-inked pen.
  3. Enter the complete company title in the Last Name/Surname Field. In case the characters exceed the predefined character limit of the field, you can leverage the first name and middle name text boxes too.
  4. Insert the company establishment date in the Birthdate field.
  5. For physical submission, make sure the form is signed by the company director. 

Read More: GST Registration Process for your Businesss

Let’s Conclude 

While starting a business, the obvious questions that arise in one’s mind are how to get a business PAN Card, whether I really need it, what is the importance, what documents are required, the fee structure, etc. The blog covers all your queries and highlights the tips to ensure hassle-free Business PAN Card registration.

Follow all the steps as well as the tips mentioned in the blog and get ready to issue a company card right away! Bookmark this guide for quick reference and initiate a stress-free application process. 

FAQs on Business PAN Card 

What are the challenges incurred while registering a company PAN card? 

  • There’s a possibility of the application being rejected due to incorrect details, so recheck twice. 
  • Submitting the form without solving the company’s compliance issues can cause rejection. 
  • Business address on documents and form should match perfectly or your form gets discarded. 

Who is eligible for a Business PAN card? 

Any of the corporate entities executing business in India can apply for a Permanent Account Number Card. 

What is the difference between an individual and a corporate PAN Card? 

While an individual PAN Card defines a person’s identity, a Business PAN Card is used for firms and companies. 

How many days does it take to receive a company PAN card? 

It takes 15-20 days to receive a company PAN card in India. 

Is Business PAN Card Mandatory for GST Registration? 

Yes, a company card is compulsory for GST registration  as it serves as an ID proof for business. 

What does an Apostille Convention Mean? 

The Apostille Convention is an international treaty that streamlines the procedure of verifying documents from other countries. 

Do small businesses require a PAN card? 

Yes, small and big businesses require a PAN card in India.

About the author

priyanka.chaudhari

Priyanka Chaudhari

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Priyanka Chaudhari is an enthusiastic writer with an ocean of experience in the tech world. She writes mainly on topics like accounting, e-invoicing, GST, and billing. Currently, she is working with Munim and comes up with innovative topics for the readers. Stay tuned to her blogs.

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