49AA Form: Application for Foreign Citizens & Entities to Obtain a Indian PAN Number.

Get a comprehensive understanding of Form 49AA, including eligibility criteria, required documents, charges involved, correct form-filling procedures, and the correct submission process for obtaining a 'Permanent Account Number' as a "foreign/British citizen, OCI, PIO, or a UK entity.

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The content presented on this page focuses on the 49AA form, that is strictly curated for foreign citizens, OCI and PIO cardholders, and international companies without a presence in India; for the allotment of a Indian PAN number. It's important to note that foreign citizens in this context pertain to individuals holding non-Indian passports and residing in or outside India (including Foreign/British citizens, OCI ad PIO card holders living in the UK). However, this information is not intended for non-resident Indians (NRIs) living abroad with Indian citizenship and passport.

What is a form 49aa?

The 49AA form is an application required for foreign nationals, OCI, PIO card holders and international companies registered outside of India for applying a 'permanent account number'. Please be advised that this form should not be confused with the form 49A which is specifically for Indian citizenship holders and entities registered in India.

Who should use the 49AA form?

The eligibility criteria for using the 49AA application form primarily revolve around individuals and entities who fall under the category of foreign nationality, or UK entities having business connections in India. Here's a breakdown of the eligibility criteria:

Foreign and UK Citizens : If you are a foreign/UKcitizen residing outside India (or living in the UK) and conducting financial or investment transactions, then this is the form you need to fill to obtain a PAN for yourself. It allows you to be recognized by India's Income Tax Department and facilitates easy compliance with tax regulations.
OCI and PIO Cardholders : Overseas Citizen of India (OCI) and Person of Indian Origin (PIO) cardholders, despite not holding Indian passports, need a PAN for transactions involving investments, property, or other financial activities in India. For this very purpose, they are required to file for their PANs using Form 49AA as well.
International Companies Having No Presence in India : Foreign companies worldwide (including entities registered in the UK under ' Companies House ') that engage in business or financial dealings with India but do not have a physical presence in the country are also required to file for their PANs using Form 49AA.

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Key differences between 49A and 49AA form:

here's a comparison table highlighting the key differences between Form 49A and Form 49AA, used for PAN card applications:

	49A Form	49AA Form
Applicant Type	Indian residents (Individuals, HUFs, Entities)	Non-resident Indians (NRIs), Foreign Citizens, and Entities with international connections
Citizenship	Only for Indian citizens, NRIs holding Indian passports, and entities/companies registered in India	Foreign citizens, PIOs, OCI card holders, and Foreign entities registered outside India
Residential Status	Indian citizenship or incorporation	Foreign nationality or international incorporation
Address Proof	Indian address proof required	Overseas address proof is compulsory
Additional Documents	Proof of Indian identity, address, and photographs	Additional documents like foreign passport,visa, etc., might be necessary
Income Details	Details about income accrued in India might be required	Foreign income details would be required in certain cases
Where to obtain it?	You can download from the government PAN portal or from any PAN agency	You may get the form at the government's official PAN website or from any authorized agency
Where to submit?	You can submit online on the government website via eKYC or physically at one of their PAN centers in India.	One can submit 49AA form online via eKYC, via mailorder, or manually at any of the NSDL or UTITSL PAN centers located in India.

Key components of 49AA:

Full Name and Abbreviation: The applicant's full name, which will appear on the PAN card, and a corresponding abbreviation.
Other Names: If the applicant has been known by other names, those details must be provided.
Gender: Mandatory for individuals; others leave it blank.
Date of Birth/Incorporation: For individuals, provide the date of birth. Other applicants should provide the date of incorporation, agreement, partnership, trust deed, or formation.
Parents' Details: Required for individuals, including the mother's name if she is a single parent and the PAN is applied using her name.
Contact Information: Telephone number and email ID are mandatory.
Applicant Status: Select the appropriate status (individual, company, firm, etc.).
Registration Number: Mandatory for companies and LLPs; provide the registration number issued by the Registrar of Companies or relevant authority.
Country of Citizenship: Specify the country of citizenship.
Source of Income: Optional but recommended to provide this information.
Representative Assessee: Mandatory if the applicant is a minor, deceased, or mentally incapacitated; provide the representative's name and address.
Proof Documents: Attach proof of identity and address documents, which must be in the applicant's name.

Who should use the 49AA form?

The eligibility criteria for using the 49AA application form primarily revolve around individuals and entities who fall under the category of foreign nationality, or UK entities having business connections in India. Here's a breakdown of the eligibility criteria:

Foreign and UK Citizens : If you are a foreign/UKcitizen residing outside India (or living in the UK) and conducting financial or investment transactions, then this is the form you need to fill to obtain a PAN for yourself. It allows you to be recognized by India's Income Tax Department and facilitates easy compliance with tax regulations.
OCI and PIO Cardholders : Overseas Citizen of India (OCI) and Person of Indian Origin (PIO) cardholders, despite not holding Indian passports, need a PAN for transactions involving investments, property, or other financial activities in India. For this very purpose, they are required to file for their PANs using Form 49AA as well.
International Companies Having No Presence in India : Foreign companies worldwide (including entities registered in the UK under ' Companies House ') that engage in business or financial dealings with India but do not have a physical presence in the country are also required to file for their PANs using Form 49AA.