The 49AA form is an application required for foreign nationals, PIO, OCI 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.
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:
In a nutshell, British citizens, and foreign nationals (including OCI card holders) residing in the UK, are required to file for their permanent account number using the form 49aa. Additionally, entities like UK-registered companies, trusts, and LLPs (whether or not they have a Permanent Establishment in India) must use this same application form.
Are you a Foreign citizen Or Organization?
Here's a comparison table highlighting the key differences between a Form 49A (for Indian citizens) and 49AA:
49A Form | 49AA Form | |
---|---|---|
Applicant Type | Indian residents (Individuals, HUFs, Entities) | Foreign Citizens, and Entities with international connections |
Citizenship | Only for Indian citizens, NRIs holding Indian passports living overseas, 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 2 photographs, and an official stamp/seal if the applicant is an entity | Additional documents like foreign passport, visa copy, OCI card, etc., might be necessary, along with a company seal (stamp) if the applicant is an entity/organization |
Income Details | Details about income accrued in India might be required | Foreign income details would be required in certain cases to declare foreign income and claim benefits under the DTAA treaties |
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. |
The cost of applying with Form 49AA varies based on the agency you choose:
Government agencies require:
With our agency:
You can file your 49AA through the government authorized agencies (UTITSL and PROTEAN/NSDL), or alternatively using our agency,