Registration and De-Registration of PAN and VAT in inland revenue department in Nepal

1. PAN is 9 digit numeric number provided by Inland Revenue Department of Nepal to the tax payers. 2. PAN can be personal PAN and Business PAN according to the purpose and uses. 3. Personal PAN can be converted into business PAN, if required. Any person, who already has personal PAN, should not obtain New Business PAN instead the same personal PAN shall be converted into business PAN. Documents required to Obtain Personal PAN: a. Nepali Citizenship b. For Indian Citizen obtaining PAN in Nepal, Identity Card issued by Government of India and Recommendation letter for employment in Nepal. c. For other foreign Nationals, a copy of passport and identity card issued by diplomatic commission, Work permit, and Employers Recommendation letter. d. A passport size photo. e. Online form duly filled in the prescribed format. Documents required to Obtain Business PAN: a. Business Registration Documents b. Citizenship Certificate c. Property documents (in case of Owned property) or Rent agreement d. duly filled form In case of Entity: e. Partnership Agreement f. JV Agreement g. AOA, MOA in case of company If wanted to registered under VAT, such requeset should be submitted with the same online form. Certain Firms need compulsory registration under the VAT. De-Registration of under Income Tax and VAT: Income Tax De-Registration: Close of Business D1/D2/D3 an online entry shall be made:

VAT De-Registration : an online entry to be made at IRD website for VAT close business entry. at Website: www.ird.gov.np