{"id":788,"date":"2026-08-28T16:13:44","date_gmt":"2026-08-28T10:43:44","guid":{"rendered":"https:\/\/religaredigital.in\/blog\/?p=788"},"modified":"2026-09-01T15:25:55","modified_gmt":"2026-09-01T09:55:55","slug":"how-to-apply-for-business-pan-card","status":"publish","type":"post","link":"https:\/\/religaredigital.in\/blog\/how-to-apply-for-business-pan-card\/","title":{"rendered":"How to Apply for Business PAN card?"},"content":{"rendered":"

In India, having a Permanent Account Number (PAN) is essential for all individuals and organisations that make money. Comprising a unique combination of alphabets and numbers, PAN is a 10-digit financial identity\u00a0 card. As per\u00a0 Income Tax Act of 1961, PAN is a mandatory document for financial transactions..
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\n<\/span>Any firm that is incorporated and conducting business in India must obtain a business PAN card. In case, you run a commercial activity and do not own a Business PAN Card, Apply Now!!\u00a0<\/span><\/p>\n

Here in this article, we will explain for business owners how to apply for a business PAN card. Religare not only offers easy to understand information on the PAN application process but also provides PAN services in association with Protean.<\/span><\/p>\n


\n<\/span>What is a business PAN card?<\/span><\/h2>\n
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A business PAN is a tax identity for registered and unregistered business entities. It connects all income, filings and value transactions of high value to a single account.<\/i><\/div>\n<\/div>\n
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A permanent account number (PAN) issued especially for Indian businesses or entities, other than individuals,\u00a0 is known as a business PAN card. In order to file taxes, open bank accounts, comply with regulatory requirements, claim tax deductions, and carry out other financial operations on behalf of the business entity, business PAN cards are used.<\/span><\/p>\n

The standard format for PAN cards is ABCFu1234D. The first three letters of the above number, “ABC,” are part of an alphabetic sequence that goes from AAA to ZZZ. The status of the PAN holder is indicated by the fourth character, “T.”\u00a0<\/span><\/p>\n

“F” stands for firm, “T” for trust, “H” for HUF, “P” for individual, “C” for company, and so on.The first letter of the PAN holder’s last name is represented by the fifth character, “U.” The following four characters are consecutive numbers from 0001 to 9999. From A to Z, the tenth character, or “D,” is an alphabetic check digit.<\/span><\/p>\n

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Who is eligible for Business PAN Card?<\/span><\/h2>\n

All Indian enterprises are required to have a Business PAN card. The Ministry of Corporate Affairs (MCA) introduced the SPICe+ form in 2017, which allows applicants to apply for a PAN Card in addition to company registration. All domestic businesses must use the MCA portal’s SPICe+ form to apply for PAN.\u00a0<\/span><\/p>\n

There are several exceptions to this rule, such as domestic businesses that were registered prior to February 1, 2017, but for which PAN had not yet been applied, and domestic businesses that were registered after February 1, but for which PAN had not yet been applied through SPICe+.<\/span><\/p>\n

In case of Indian Companies, a PAN card is required for any business that was registered under the Companies Act of 2013 or earlier. The following are on the list:<\/span><\/p>\n