A Business PAN (Permanent Account Number) is a unique 9-digit number issued to businesses by the Inland Revenue Department (IRD) in Nepal. This number is used for all tax-related matters, including filing tax returns and maintaining tax compliance.
Why Do I Need To Register a PAN?
Registering a Business PAN is essential for legal compliance. It allows your business to legally operate, file taxes, and engage in financial transactions.
Without a Business PAN, your company cannot issue invoices, claim tax credits, or be recognized as a legitimate business by government authorities.
What Are The Documents Required to Register PAN?
Here’s the list of documents required to Register a PAN in Nepal.
- Application Form: Completed and signed PAN registration form.
- Business Registration Certificate: Proof that your business is legally registered.
- Other Documents (MOA, AOA & Letters from OCR): Memorandum of Association (MOA) and Articles of Association (AOA) along with the Registration Letter and PAN Reserved Letter issued by the Office of the Company Registrar (OCR).
- Board Minute: A document from the company’s board assigning a person responsible for PAN registration and authorizing their photo for the PAN Certificate.
- Rent Agreement and Ward Registration Certificate
- Biometric of the Responsible Person: The person assigned for PAN purposes must provide biometric data.
What is The Process to Register PAN in Nepal?
Here’s the step-by-step process to Register a PAN in Nepal.
Step 1: Fill out the Application Form Online
Visit https://taxpayerportal.ird.gov.np/taxpayer/app.html and access the registration section to fill out the application form.
Step 2: Submit Documents at the Tax Office
Take the completed online application form and the required documents to the relevant tax office.
Step 3: Obtain Business PAN Certificate
After the tax office processes your application, you will receive your Business PAN certificate.