Hi
Our HO started its operations in India through its liaison office. It got PAN for operating its laison office later on company started its own indian subsidiary. It is in the process of closing indian laison office. Now we would like to make payments to our holding company in Germany.Ehich pan we have to use and whether I will get a pan for foreign company as foreign company.
Now what to do please advise
Regards
Madhurima
Company Seeks Guidance on PAN Usage for Payments to German Holding Company and Foreign Company PAN Eligibility A company began operations in India through a liaison office and obtained a PAN for it. Subsequently, it established an Indian subsidiary and is now closing the liaison office. The company seeks advice on which PAN to use for making payments to its German holding company and whether a PAN can be obtained for a foreign company. (AI Summary)