Permanent Account Number (PAN) is an important document for all taxpayers. Companies, whether incorporated in India or abroad, need PAN if they are doing business in India. At the same time, companies that have Indian origin but are generating income outside the country also need to quote PAN for several purposes in the country.
The process to apply for a Company’s PAN Card is simple and can be done online. Companies incorporated in India have to fill Form 49A in order to apply for a fresh PAN.