PAN Card from Brazil - Application and Status Check

A PAN card is a crucial document that helps an individual taxpayer to do easy financial transactions, invest in mutual funds, stocks, Indian markets, purchase property, etc.

A PAN card is crucial for people who want to set up a business or start a company. Through this blog, you will learn about the PAN card application process in Brazil and how to check its status. 

What is a PAN Card? 

A PAN card is a 10-digit unique identification number issued by the Indian Income Tax Department for financial and identification purposes, such as opening a bank account, investing in mutual funds, buying Indian shares, purchasing Indian properties by Non-Resident Indians (NRIs), and many more. 

A PAN card consists of the following details of a person: 

• 10-digit unique PAN identification number.
• PAN card applicant's name. 
• The father's name of the PAN card holder. 
• Date of birth on the PAN card holder. 
• Photo of the PAN cardholder. 
• QR code on the front of the PAN card. 

Who Can Apply for a PAN Card in Brazil?

A PAN card can be applied for by the following: 

• Those who get income from India. 
• An individual who gets taxable earnings from India. 
• Those who run a business or profession and get an annual revenue of more than 5 lakhs. 
• Those who are registered under the Central Sales Tax Act or the general sales tax law. 
• Under Section 139(4A), all charitable trusts are required to have a PAN card. 
• Those who are under the category of liable excise taxes. 

Steps to Apply for a PAN Card from Brazil? 

Here are the simplified steps to apply for a PAN card online from Brazil. 

1. Go to the official Visament website. 
2. Then, you need to select the PAN card services option on the Homepage. 
3. Fill out the details correctly for the smooth PAN card application process. 
4. Pay the required fees for the PAN card application safely and securely. 
5. Upload all the supporting documents for the PAN card application in Brazil.
6. Your PAN card application will be sent to the experts for verification. 
7. Then, Visament agents will fill out the PAN card application from the official government portal and then send it to you for approval and review. 
8. Once the applicant approves the application, it will be submitted, and the applicant will receive their PAN card at their registered address within a few days. 

Documents Required for PAN Card Application in Brazil

Given below are the documents that you will need to apply for a PAN card online:

Mandatory Documents 

• Form 49A for the Indian residents, and Form 49AA for the foreign citizens. 
• You need to submit proof of identity. 
• Provide proof of address. 
• Proof of date of birth. 

Documents Required for an Individual

• You need to submit an Aadhaar card, a driving license, a voter ID, etc., as proof of identity. 
• For proof of address, you can submit a utility bill, passport, driver's license, marriage certificate, etc. 

Member of the Hindu Undivided Family

• HUF katra must submit an affidavit, and every coparcener's name, father's name, and address should be included in the HUF affidavit.
• You need to submit proof of identification.
• Provide your proof of address.
• Submit your proof of date of birth. 

Companies Registered in India

• You need to provide a registration certificate to ensure a smooth PAN card application process. 

Business and LLPs in India

• They need to provide a copy of the registration certificate issued by the Registrar of Companies.

Trusts Registered in India

• A charity grantor or registration certificate number must be provided. 

Associations of Persons

• You need to provide a copy of the agreement for the PAN card online application. 
• Submit a registration certificate from the charity commissioner. 
• Any documents that contain the address and name of the federal or state government. 

Non-Indian Applicants

• A Copy of a valid passport for an easy PAN card application. 
• A copy of the PIO, issued by the Government of India. 
• You need to submit a copy of the OCI card. 
• For the proof of address, you can submit an FRO certificate or a bank statement. 

How to Check the Status of the PAN Card Online?

You can track the PAN card status by two methods. 

Through the UTIITSL Website

1. Go to the official UTIITSL website. 
2. Enter your PAN number or application number. 
3. Fill in the details such as date of birth, agreement, and incorporation, and enter the captcha below. 
4. Now, click the submit button to view the PAN card online status. 

Through the NSDL Portal

1. Go to the official NSDL (Protean) website. 
2. Click on the Track PAN/TAN Application status. 
3. Now, choose the PAN-New/Change request option under the application type. 
4. Enter your 15-digit acknowledgment number. 
5. Fill the captcha code in the given box and click on the submit button. 
6. Now you can easily check the PAN card status online. 

How to Download e-PAN Online? 

Follow the process given below to download your e-PAN card online:

1. You need to go to the official NSDL portal. 
2. Now, select the download PAN card option. 
3. Enter all the details, such as date of birth, Aadhaar number, and GSTIN number (if available). 
4. Click on the check box of the terms and conditions. 
5. Then click the submit button to complete the process. 
6. After clicking on the submit button, you will get an OTP on your registered mobile number or email address. 
7. You need to fill in the OTP and verify it. 
8. After successfully validating the OTP, you can easily download the e-PAN card PDF online. 

Benefits of PAN Card in Brazil

A PAN card comes with many benefits, which are listed below: 

• Assist in starting a business: With a valid PAN card in Brazil, you can easily start a business. For business registration for NRIs, a PAN card is mandatory. Along with this, you will need to get the TRN (Tax Registration Number) to file the income tax returns in India. 
• Helps with Tax deductions: PAN card is also used to file taxes on the income earned through a business or rental properties by an NRI. However, if an individual earns 10,000 INR in interest on a savings account annually and the PAN card is not linked to the bank account, the bank can withhold TDS at 30% rather than 10%. 
• Open a trading or bank account: With a PAN card, you can easily open a demat account, which can be used to invest in mutual funds and buy shares in Indian markets. You can also open an NRE account or NRO account easily if you have a valid PAN card in Brazil. 
• File Income Tax Returns: A PAN card is a crucial document for NRIs living in Brazil to start business owners and taxpayers who earn income in India through salaries or rental properties. 
• Purchase RBI bonds and Insurance: You can purchase RBI bonds and Insurance of more than 50,000 INR if you have a valid PAN card. 
• Purchase Foreign Currency: As per the FEMA (Foreign Exchange Management Act), you can purchase a foreign currency of more than 50,000 with a valid PAN card. 
• Buy or sell properties: If you have a valid PAN card, you can easily purchase land and sell it if its value exceeds 10 lakhs INR.
• For applying for a loan: If you want to apply for a Loan in Brazil, then you will need a valid PAN card to obtain secured and unsecured loans. 
• Purchase of expensive Jewelry: If you have a valid PAN card, you can purchase jewelry in Brazil of more than 5,00,000 INR. 
• For depositing cash, pay orders, and Banker's cheques: With a PAN card, you can easily deposit cash of more than 50,000 through pay orders, banker's cheques, bank drafts, and cash deposits. 
• To obtain a new telephone or mobile connection, you can get one through a valid PAN card. 

What If You Don't Have a PAN Card in Brazil?

If you don't have a PAN card, according to the Income Tax department of Indian, you will be taxable and you have to pay a 30% tax on your income.

Any other business, individual, or tax-eligible entity, including foreign nationals or businesses registered outside India, is subject to the regulation. 

If they don't have a valid PAN card, they cannot open a bank account, purchase a car, or purchase property worth more than INR 10 lakh. 

Companies are not allowed to conduct financial operations or procedures. 

Why Choose Visament? 

Visament helps you easily apply for a PAN card from Brazil with simple documentation and a streamlined application process. 

Here you will find a streamlined application process, with years of experience from professionals who will help you at every step.

If you have any problems with the application process or have any queries, you can contact the Visament agents, who are available 24/7 to help you resolve your issues.