Why Company PAN is Essential for KYC at ShipGlobal.in

Table of Content

What is a Company PAN?
How to Get a Company PAN if You Don’t Have One?
1. Steps to Apply for a Company PAN
2. Documents Required

What is a Company PAN?

A Company PAN (Permanent Account Number) is a 10-digit alphanumeric identifier issued by the Income Tax Department of India specifically for businesses. It is essential for all financial transactions, tax filings, and compliance with regulatory requirements for companies operating in India.

Why Do You Need a Company PAN for KYC with ShipGlobal.in?

Identity Verification: Confirms your company’s identity, making your transactions secure.
Tax Compliance: Ensures your company complies with Indian tax regulations.
Financial Verification: Links your company’s financial transactions to its PAN, ensuring transparency.

Importance for Exporters

Mandatory for Exports: Essential for legally exporting goods and services from India.
Tax Filing: Necessary for filing income tax returns and other tax-related documents.
Business Credibility: Establishes your company as a legitimate entity in the business world.

How to Use Your Company PAN for KYC?

Log into ShipGlobal.in: Access your account and go to the KYC section.
Upload Company PAN: Upload a clear photo or scan of your Company PAN card.
Verification: Our team will verify your details. This usually takes a few hours to a day.

Tips for a Smooth KYC Process

Clear Image: Ensure the photo or scan of your Company PAN card is clear and readable.
Match Details: Ensure the company name on your PAN card matches the information on your ShipGlobal.in account.

How to Get a Company PAN if You Don’t Have One?

Steps to Apply for a Company PAN

Visit the NSDL or UTIITSL Website: These are the official portals for PAN card applications.
Choose Application Type: Select ‘New PAN – Indian Company (Form 49A)’ for a new Company PAN card application.
Fill in the Details: Provide your company’s details such as name, date of incorporation, and registered office address.
Upload Documents: Attach proof of identity, proof of address, and a passport-sized photograph of the authorized signatory.
Pay the Fee: A nominal application fee is required, which can be paid online.

Documents Required

Proof of Identity: Certificate of Incorporation, Partnership Deed, or Trust Deed.
Proof of Address: Utility bills (electricity, water), bank statements, or registered office address proof.
Passport-sized Photograph: Recent photograph of the authorized signatory to be affixed on the application form.

Start your export journey smoothly with ShipGlobal.in by completing your KYC with your Company PAN today!