PIB - Applicability of PAN Requirement for Foreign National

Ministry has issued a circular dated 10th June, 2014 clarifying that foreign nationals, who are subscribers/promoters of a company are not required to furnish their PAN details, in case they are not allotted a PAN. They may provide a declaration instead in the prescribed proforma.

The corresponding notifications and circulars are available on the Ministry’s website at www.mca.gov.in.

Source: Press Information Bureau.