Does company have a PAN Card? What are the rules and regulation regarding apply PAN Card for a company?

Yes, PAN Card is issued to companies too. Indeed it's mandatory to have PAN Card for corporate bodies.

Any corporate body doing business in India (no matter even if it registered in India or elsewhere) is required to have a PAN Card. It is mandatory.

The process of applying the PAN Card is similar as applying PAN Card for individual. The online application for applying for PAN Card is available at NSDL PAN Service

The documents required to be submit with the application are listed on the application form. One key document required is the 'Copy of certificate of registration issued by Registrar of Companies' for the company having office in India.