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 15 September 2018, 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 2018. 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.