Aadhaar, PAN & ID Guides

Business PAN Card: Processing Time, Fees, and How to Apply

By Vipul Jain

Updated on: 26 May, 2026 | Editorial Standard | 5 min read |

Table of Contents

Quick Overview: Business PAN Card
What is a Business PAN Card?
How to Apply for a Business PAN Card Online?
Understand Business PAN Number with Example
How to Apply for a Business PAN Card Offline?
Which Types of Businesses Require a PAN Card?
Business PAN Card Processing Time
What are the Business PAN Card Fees?
What are the Business e-PAN Card Fees?
Documents Required for Business PAN Card
Final Thoughts

A Business PAN Card is an essential financial document required for companies, firms, LLPs, trusts, and other business entities operating in India. Issued by the Income Tax Department, a business PAN card is necessary for filing taxes, opening a current bank account, applying for business loans, claiming tax deductions, and maintaining legal financial compliance.

Whether you are starting a new company or managing an existing business, having a PAN card for business is mandatory for conducting various financial and tax-related activities in India. In this blog, we will explain what a business PAN card is, its different types, eligibility, fee structure, required documents, and the step-by-step process of how to apply for a business PAN card online. Read till the end to understand why a business PAN card is important for every business entity in India.

Quick Overview: Business PAN Card

A business PAN card is a PAN card issued specifically for businesses or entities in India.
Used for tax filings, opening bank accounts, legal compliance, claiming tax deductions, and conducting other financial activities.
The processing time for issuing a business PAN card is approximately 15 days.
You need to submit the documents for the PAN card, including identity proof and Address Proof.

What is a Business PAN Card?

A Business PAN Card is a Permanent Account Number (PAN) issued specifically for businesses or entities in India. The business PAN cards are used generally for tax filings, opening bank accounts, claiming tax deductions, legal compliance, and conducting other financial activities in place of a business entity.

How to Apply for a Business PAN Card Online?

Here are the steps that you can follow to apply for a business PAN card online:

1. Visit the Protean PAN Portal.

2. Click on "Apply online for New PAN" (Form 49A earlier).

3. Select the type of Application from Company, Firm, LLP, etc.

4. Fill in all the details:

Name of the business
Business Address
Date of registration/incorporation
Company registration number (CIN/LLPIN/Firm/Registration No.)
AO Code

5. Upload the required documents:

Address Proof (Utility bill, GST certificate, etc.)
Identity Proof (Registration Certificate, deed, etc.)

6. Pay the applicable fees:

For the Indian communication address, Rs. 107
For Foreign communication address, Rs. 989

7. e-Sign/Submit Form:

Aadhaar-based OTP (for individuals)
Digital Signature (for companies/LLPs)

8. Note down the acknowledgement number, and you can use it to track the PAN status online.

Understand Business PAN Number with Example

The typical format of the PAN is ABCTU1234D. The first three characters, that is, ABC in the above format, are an alphabetic series between AAA and ZZZ.

The 4th character, T, represents the status of the PAN holder. The alphabet F represents a Firm, T represents Trust, H is for HUF, P for Individual, and C for Company, etc.

The 5th character, U, refers to the first alphabet of the last name of the PAN card holder.

The next four characters are sequential digits from 0001 to 9999. Then, the 10th character, D, is an alphabetic letter check digit that runs from A to Z.

How to Apply for a Business PAN Card Offline?

Here is the process to obtain a PAN card offline:

Firstly, download the Form 49A from the Protean website.
Fill out the form and then attach the necessary documents.
Then, submit the form and documents to the nearest Protean centre. You can find the address of the nearest centre on the website.
The Protean Centre will provide you with a letter of acknowledgement.
After the verification of your details, you will get the business PAN card at the mentioned company address. The cost of the complete procedure is Rs. 107.

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Which Types of Businesses Require a PAN Card?

If you belong to any of the following entities, you should obtain a business PAN card:

Company
Association of Persons
Partnership Firm
Body of Individuals
Limited Liability Partnerships (LLPs)
Trust
Limited Company
Incorporation
Association
Private Firm
Hedge Fund
Foreign Institutional Investor

Business PAN Card Processing Time

To maintain the financial integrity in India, it is important to get a PAN card for business. The estimated processing time for issuing a business PAN card is around 15 days.

What are the Business PAN Card Fees?

Type of Applicant	New PAN Pard (including taxes)	Duplicate/Reprint PAN Card (including taxes)
Applicants living in India	Rs. 101	Rs. 110
Applicants living outside India	Rs. 1011	Rs. 1020

What are the Business e-PAN Card Fees?

Type of Applicant	Fees	GST	Total Amount
Applicants living in India	Rs. 56	Rs. 10	Rs. 66
Applicants living outside India	Rs. 56	Rs. 10	Rs. 66

Documents Required for Business PAN Card

Type	Identity Proof	Address Proof
Company	Incorporation certificate	Company's bank statement/ GST Registration
LLP	LLP Registration Certificate	Office Address Proof
Partnership	Partnership Deed	Bank Statement/Office Utility Bill
Proprietor (Firm)	Aadhaar card of the Proprietor	Business Electricity Bill

Final Thoughts

Lastly, we can say that the business PAN card is an important document needed for the business to maintain legal compliance and financial ties with India. You can obtain a business PAN card by using the online or offline process. You can also get an e-PAN card for urgent needs because the physical PAN card takes around 15 days to process and reach the registered address. There are many benefits of the PAN card, such as opening bank accounts, tax filings, claiming deductions, etc.

You can also get assistance from the experts at Visament. They come with years of experience and help you obtain the PAN card for individuals or businesses.

Frequently Asked Questions

The business PAN card fees structure is: INR 101 (with GST) for Indians and foreign citizens it costs around INR 1011.

To get a PAN card for the business you need to visit the NSDL website, select the application type and category, provide company details, mention the assessing office code, upload documents for proof of identity, and enter details of authorized signatory or partner.

No, you cannot use your individual PAN card for business. A business PAN card is needed to run the financial transaction legally.

No, business PAN and personal PAN are not the same. The business PAN card, unlike the individual PAN card.

Yes, PAN is mandatory for registration with GST.

Any organization or individual who wants to start a business in India should mandatorily apply for a business PAN card.

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Vipul Jain

Consular & OCI Services Expert

Vipul Jain is the Co-Founder of Visament, a trusted platform dedicated to simplifying Indian immigration, consular, and NRI services for applicants across the globe. With extensive expertise in OCI cards, Indian passport services, visa assistance, apostille and document legalization,... See Full Bio