How to Get PAN Card for Business

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How to Get PAN Card for Business

Preface: This post was originally published in 2017 and has been updated on July 14, 2025, to provide you with the most current and accurate information.


PAN stands for Permanent Account Number. It is a unique 10-digit alphanumeric identifier, and is mandatory for individuals and businesses that are required to pay taxes in India. It is issued by the Income Tax Department. In this blog post, we shall explain how to get a PAN for business.

What is Business PAN Card?

Business PAN card, also known as company PAN, is a Permanent Account Number (PAN) issued by the Income Tax Department specifically to businesses or entities. A company requires a PAN to file taxes, open a company bank account, ensure legal compliance, claim tax deductions, etc.

Business PAN card sample format is: ‘XYZFU1234D’. Here, the first three letters like XYZ are alphanumeric and range from ‘AAA’ to ‘ZZZ’. The fourth letter represents the entity type. Example, ‘F’ indicates ‘Firm’, ‘P’ indicates a ‘Person’ and ‘C’ indicates a ‘Company’. 

The fifth letter indicates the first letter of the PAN holder’s last name. The next four characters are digits ranging between 0001 and 9999. The 10th character, i.e., the last character, is an alphabetic check digit. 

Does Your Business Need a PAN?

PAN card for business is mandatory for all the corporate bodies doing business in India, regardless of whether they are registered in India or overseas. All the entities that partake in the business activities with an Indian firm must possess a PAN. 

It is also needed by any business involved in generating money out of India, whether the company is registered, permanently established or has an office in Indian territory. 

Mentioned below is a list of all the bodies that need to possess PAN in India:

Documents Required for Company PAN Card

Business PAN Card required documents include the following:

Ensure you have all the necessary business PAN card documents in place prior to initiating the business PAN card apply online process!

How to Apply for Business PAN?

To apply business PAN card, you must visit the NSDL website (https://nsdl.co.in/) and complete certain mandatory steps. Mentioned below are all the necessary steps involved in business PAN card registration process:

Step 1: Visit the official website of NSDL.

Step 2: Now, once you are on the homepage, click on ‘Apply Now’.

Step 3: Select the ‘Application Type’ option as ‘New PAN - Indian Citizen (Form 49A)’ or ‘New PAN - Foreign Citizen (Form 49AA)’ using the drop-down menu. Then choose ‘Firm’ in the Select Applicant Category.

Step 4: Now, fill in necessary details in the application form, including company name, email ID, mobile number and date of incorporation. 

Step 5: Enter captcha code and click on ‘Submit’ button.

Step 6: Click ‘Submit digitally through e-KYC and e-Sign’ option. Then, select the option for obtaining a physical PAN. 

Step 7: Fill in other necessary information in the application like company details, contact details and AO code. Thereafter, upload all the necessary documents.

Step 8: Now, select payment mode and then make the payment.

Step 9: After making the payment, an acknowledgement slip will be generated. Take a printout of the same. Using the acknowledgement number in the slip, you can track the application status of company PAN.

After generation of acknowledgement slip, the company PAN will be sent to the registered office of the company. In case of e-PAN, the company will receive it on the email address within 15-20 days. 

Conclusion

It is mandatory for a business to hold a PAN. It is a legal requirement as per the Indian laws, and is essential for filing taxes. You can easily apply for business PAN via the NSDL portal by fulfilling the steps explained in this blog post.

Frequently Asked Questions (FAQs)

Q1. What are company PAN card details?

A. Company PAN details include 10-digit PAN number, name of company and date of incorporation.

Q2. How many digits does company PAN contain?

A. It contains 10 digits.

Q3. How many days does it take to receive a physical PAN for business?

A. It typically takes 15-20 days to receive a physical PAN for business. 

Q4. Which form is required to file a PAN application as a foreign citizen?

A. Form 49AA is required to file a PAN application as a foreign citizen. 

Q5. Which form is required to file a PAN application as an Indian citizen?

A. Form 49A is required to file a PAN application as an Indian citizen.

 

If you need further assistance, you can connect with the Registrationwala team.

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