PAN – Mandatory requirement
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Updated on: Oct 12th, 2021
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5 min read
Any Company incorporated in India and doing business here will have to mandatorily get a PAN Card. Any form of business which is generating an income will also be required to get a PAN. The PAN is to be quoted during all the financial transactions of the Company as well as in the invoices and other registrations.
After the acknowledgment is generated the PAN Card will be sent to the registered office within a span of 15-20 days.
Any Indian company conducting business must obtain a PAN card. Documents, payment, and procedure for offline or online application are outlined. PAN is mandatory for all financial transactions and invoicing. A list of required documents includes Certificate of Incorporation, proof of company address, government certifications, fees, and application submission process.