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Is PAN Card Mandatory for Fiverr?

Last updated on September 28, 2022 @ 11:28 pm

A PAN card is an important document in India. It is issued by the Income Tax Department and is required for financial transactions such as opening a bank account, filing income tax returns, etc.

The full form of PAN is Permanent Account Number. It is a 10-digit alphanumeric number which is unique to every individual and business entity. The first 5 characters of the PAN are letters, followed by 4 numbers, and the last character is again a letter.

PAN cards are printed on laminated paper and have the individual’s name, photograph, signature, and PAN number printed on them. They are valid for the lifetime of the cardholder and do not expire.

PAN cards are not just for individuals but are also required for businesses. In fact, any business which wants to engage in financial transactions such as opening a bank account or getting a loan must have a PAN number.

So, if you’re planning on starting a business on Fiverr, you will need to get a PAN number for your business. Thankfully, getting a PAN number for your business is not difficult. You can apply for one online or offline through the Income Tax Department.

Once you have your PAN number, you can start using it for financial transactions on Fiverr. This will help you keep track of your finances and also help the government track businesses on Fiverr. So, if you’re looking to start a business on Fiverr, make sure you get yourself a PAN number!

PRO TIP: PAN Card is not mandatory for Fiverr. However, it is required for withdrawing earnings to a bank account and for certain types of transactions. We recommend that you provide your PAN Card details to avoid any issues in the future.

Is PAN Card Mandatory for Fiverr?

Yes, PAN Card is mandatory for Fiverr.

Morgan Bash

Morgan Bash

Technology enthusiast and Co-Founder of Women Coders SF.