DIR 3 KYC in India

What is DIR 3 KYC?

DIN refers to the Directors Identification Number. This number is essential to registering a company and maintaining the owner's status as the company's director.

Earlier, only filing the e-Form DIR 3 KYC was sufficient to obtain DIN. This form filing used to be only a one-time process that made it easy for the directors to be associated with more than one company.

However, as per the recent move by the Ministry of Corporate Affairs (MCA) to update the data in all the registries, it has been made essential for all the directors with a DIN to file their KYC (Know Your Customer) details on an annual basis. The filing will be done using the e-form DIR 3 KYC.

Consequences for not Filing Form Dir 3 KYC Due Date

If the directors do not file the Director 3 KYC E-Form within 30 September 2024, the departments will mark the DIN as "Deactivated" on the MCA21 portal with the reason "Non-filing of DIR-3 KYC."

Furthermore, the defaulter would also have to pay a fee for filing DIR 3 KYC INR 5000/- if they wish to file the eForm after the prescribed date.

Eligibility Criteria for DIR 3 KYC in India

Who has to File an e-form DIR 3 KYC?

Per the Ministry of Corporate Affairs (MCA) announcement, the filing of e-form DIR 3 KYC must be done by the directors who have been allotted DIN either on or before 31st march 2024. Those directors with their DIN status approved would have to submit their KYC details before the date that the MCA notified them. Furthermore, this filing is also mandatory for disqualified directors as well.

Documents Required for filing DIR 3 KYC in India

The required documents are as follows:

1. Aadhar card of the directors
2. The PAN card of the directors
3. Voter ID
4. Driving License
5. Bank Statement
6. Passport

Note: You need either or all of these documents.

Process for filing DIR3 KYC in India

How to file for DIR 3 KYC?

The process of filing the DIR-3 KYC is as follows:

• Collection of information required for the purpose of filing the DIR-3 KYC.
• Go to the official website of MCA and start filling out the required compliance forms on schedules specified in the ministry guidelines. 
• Submit the application and wait for the notification that tells you that your compliance has been processed. 

Our Assistance in filing the DIR 3 KYC in India

We at Registrationwala provide end-to-end solutions for filing DIR-3 KYC. Our services include:

• Collection of information and starting the process
• Creating the first compliance draft
• Reviewing the draft and making changes if necessary
• Filing the compliance

Registrationwala.com is a leading legal consultancy firm providing comprehensive services for DIR-3 KYC.

Contact us now if you've yet to file your DIR-3 KYC.

Frequently Asked Questions- FAQs About DIR 3 KYC

Q1. What is the DIN?

A. DIN refers to the Directors Identification Number. This number is essential to registering a company and maintaining the owner's status as the company's director.

Q2. What was the previous method for applying for DIN registration?

A. To obtain DIN, only filing of the e-Form DIR 3 KYC was sufficient. This form filing used to be only a one-time process that made it easy for the directors to be associated with more than one company.

Q3. How did the DIN registration change with the new MCA amendment?

A. As per the recent move by the Ministry of Corporate Affairs (MCA) to update the data in all the registries, it has been essential for all the directors with a DIN to file their KYC (Know Your Customer) details on an annual basis. The filing will be done using the e-form DIR 3 KYC.

Q4. What are the consequences of not filing an e-form Dir 3 KYC before the due date?

A. If the directors do not file the Director 3 KYC form within the prescribed date of 30 September 2024, then the departments will mark the DIN as "Deactivated" on the MCA21 portal with the reason "Non-filing of DIR-3 KYC."

Q5. What is the penalty fee for filing the DIR 3 KYC form after its last date?

A. The defaulter would then have to pay a fee for filing DIR 3 KYC INR 5000/- if they wish to file the form after the due date.

Q6. Who can file an e-form DIR 3 KYC?

A. Per the Ministry of Corporate Affairs (MCA) announcement, the filing of e-form DIR 3 KYC must be done by the directors who have been allotted DIN on or before 31st march 2024. Those directors with their DIN status approved would have to submit their KYC details before the date that the MCA notified them. Furthermore, this filing is also mandatory for disqualified directors as well.

 Q7. What documents are required before filing DIR 3 KYC in India?

A. The required documents are as follows:

• Aadhar card of the directors
• The PAN card of the directors
• Voter ID
• Driving License
• Bank Statement
• Passport 

Q8. How to file for DIR 3 KYC?

A. The process of filing the DIR-3 KYC is as follows:

• Collection of information required for the purpose of filing the DIR-3 KYC.
• Go to the official website of MCA.
• Start filling out the required compliance forms.
• Submit the application.
• Wait for the notification.
• Finally, the compliance will be processed. 

Q9. How can Registrationwala help you file the DIR 3 KYC form in India?

A. We at Registrationwala provide end-to-end solutions for filing DIR-3 KYC. Our services include:

• Collection of information and starting the process
• Creating the first compliance draft
• Reviewing the draft and making changes if necessary
• Filing the compliance