What are requirement to apply PAN Card in India for foreign company having plant in India?, Other Topics

[Vishwanath Shetty]

What are the requirement to apply the PAN card in India for foreign company having plant in India to transfer license fee and what would be the tax?

Posts / Replies

[mayank srivastava]

Dear Mr. Shetty,

Requirement for a Foreign Company for getting PAn Card in India is :

"Copy of registration certificate of the respective country duly attested by Indian Embassy/ Consulate/ High Commission/ Apostille in the country".

If you dont have PAN of a Foreign Company then you are required to deduct TDS @ 20%, else provisions for deducting TDS should be considered.

For the remittance of fees, you are required to fill the Form 15CA & 15CB from a Practicing Chartered Accountant.

Regards,

Mayank