Can i use my & my partner

Ankit Kotak (Engineer) (24 Points)

16 March 2016  

Hello

 

I am planning to setup export business with one of my friend as a partnership firm. My friend and I, both have individual pan card. Do I need to apply separate PAN card for my partnership firm. Or I can use either one PAN card or both pan card.

 

As export license require the PAN card for Partnershipfirm. But I am confused with the term 'Applicant entity'. 

 

  • Copy of PAN card of the applicant entity.

 

Documents for Partnership firm

  • Digital Photograph (3x3cms) of the Managing Partner.
  • Copy of PAN card of the applicant entity.
  • Copy of Passport (first & last page)/Voter’s I-Card /UID (Aadhar Card)/Driving Licence/PAN (any one of these) of the Managing Partner signing the application.
  • Copy of Partnership Deed.
  • Sale deed in case business premise is self-owned; or Rental/Lease
  • Agreement, in case office is rented/ leased; or latest electricity
  • /telephone bill.
  • Bank Certificate as per ANF 2A (I)/Cancelled Cheque bearing preprinted name of the applicant entity and A/C No.