ceneral circular trto.   lL    /2014
                                 F.No.1/12l2013 CL-V
                                 Government oflndia
                              Ministry of CorPorate Affairs

                                                     'A'Wing, 5t Floor, Shastfi Bhawan,
                                           Dr. Raiendra Prasad Road, New Delhi110001
                                                                Dated,'. 22nd Mav,2074
To
       AII Regional Directort
       All Registrar of Companies,
       All Stakeholders.


Sub: Applicability     of PAN requirement for Foreign Nationals.

Sir,

      Attention of Ministry has been drawn to diffrculties being faced by Foreign
Nationals while filing Incorporation form (lNC-71 due to mandatory requirement of
submission of PAN details of intending Directors at the time of filing the application for
incorporation.






2.     It is hereby clarified that PAN details are mandatory only for those foreign
nationals who are required to possess "PAN" in terms of provisions of the Income Tax
Act, 1961 on the date of appiication for incorporation Where the intending Director
who is a Foreign National is not required to compulsorily possess PAN, it will be
sufficient for such a person to furnish his/her passport number, alongwith undertaking
stating that provisions of mandatory applicability of PAN are not applicable to the
person concerned. The form of Declaration is required to be made in the proforma
enclosed.


3.     This issues with the approval of Competent Authority.
                                                                          Yours faithfully,

                                                                        "1UlM          -.
                                                                       [K.!q.S. NaiaYa'fanJ
                                                                        Assistant Director
                                                                            Tel:233B7263
Encl. As above.

Copy toi
1.      PSO   to Secretary
2.     PPS  toAdditjonal Secretary
3.      PSto ls(M)/lstB)/lstsP)
4.      DrR[AK)/DrR(AB]/DIRINC]/DIR(PS)
                                      Undertaking



        I-(name)-,                  son of                name)-            citizen of
                          having passport   No.-(passport Number]-         declare   as

-(nationalit
under:
 





                                        -(fathe/s
             -
   til That I am not required under the provisions       of Income Tax Act, 1961 to
          obtain lncome Tax Permanent Account Number [PAN];
   (iD    That in view ofthe above I have not been issued any PAN; and
   (iiD   That   i   undertake   to furnish to the Registrar of   Companies (mention
          jurisdictionJ details of my PAN as soon as a Permanent Account Number is
          issued to me.




Datel                                                                (SignatureJ