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ToggleUnderstanding MCA DIR 3 KYC of Directors:
The DIR-3 KYC process is a mandatory compliance requirement for directors in India under the Ministry of Corporate Affairs (MCA). Every director with an active identification number (DIN) is required to submit their KYC details annually. DIR-3 KYC is also known for DIN KYC or Director KYC. This article delves into every aspect of DIR-3 KYC, its due date, filing procedure, associated penalties, and frequently asked questions.
What is MCA DIR 3 KYC?
DIR-3 KYC is a form mandated by the MCA to ensure that the KYC details of directors are up to date. It requires directors to verify and submit their mobile number, email, and other personal information to the MCA portal. This ensures the authenticity of their records and compliance with statutory requirements.
Who Needs to File DIR 3 KYC Form?
Directors with an active DIN, including disqualified directors, are required to file eform form DIR-3 KYC. This includes:
- Individuals who obtained DIN before the end of the financial year.
- Directors who previously submitted their KYC details and are filing for subsequent years.
When to File DIR-3 KYC?
The due date for filing DIR-3 KYC is typically 30th September of the respective financial year. Directors who fail to meet this deadline will face penalties or deactivation of their DIN.
How to File DIR-3 KYC?
Filing e-Form DIR-3 KYC is straightforward but requires careful attention to detail:
- Log in to the MCA Portal: Visit the MCA 21 portal and access the DIR-3 KYC web service.
- Provide Personal Information: Fill in details like name, date of birth, mobile number, email, and PAN.
- Verification via OTP: An OTP will be sent to your mobile number and email for verification.
- Upload Documents: Submit scanned copies of required documents, including proof of identity and address.
- Affix DSC: Attach your Digital Signature Certificate (DSC) for authentication.
- Pay the Fee: If filing within the due date, there is no fee. Late filing incurs a penalty.
Documents Required for DIR-3 KYC
To successfully file the form, the following documents are needed:
- Permanent Account Number (PAN) for Indian directors.
- Valid Passport for foreign nationals.
- Aadhaar card, voter ID, or other identity proof.
- Proof of address such as a utility bill or rental agreement.
- A valid mobile number and email ID.
Consequences of Non-Filing DIR-3 KYC
If directors fail to file within the stipulated time:
- Their DIN status will be marked as ‘Deactivated due to non-filing’.
- Reactivation of DIN will require filing the form with a late fee of ₹5,000.
DIR-3 KYC Web vs. E-Form DIR-3 KYC
The DIR-3 KYC web service is designed for directors who have already submitted their KYC details in the previous year. It allows them to perform their annual KYC by verifying pre-filled information, without re-uploading documents. The e-Form DIR-3 KYC, however, is required for first-time filers or those updating their information.
Why DIR-3 KYC is Mandatory
The primary objective of filing DIR-3 KYC is:
- Maintaining an updated database of directors.
- Ensuring transparency and preventing fraudulent activities.
- Establishing secure correspondence between directors and the Ministry of Corporate Affairs.
Conclusion
Filing DIR-3 KYC is a critical annual compliance for all directors to maintain the validity of their DIN. Ensure that you file the e-form DIR-3 KYC on time, verify your mobile number and email, and update all KYC details accurately to avoid penalties. Stay compliant with the MCA regulations and maintain your active director status.
FAQs on DIR-3 KYC
The due date for filing DIR-3 KYC is typically 30th September of the financial year.
Yes, directors are required to submit DIR-3 KYC every year to keep their DIN active.
Form DIR-3 is used to apply for a DIN, while DIR-3 KYC ensures that the director’s details are kept up-to-date.
To file online:
- Log in to the MCA portal.
- Access the DIR-3 KYC form or web service.
- Fill in the required details and complete OTP verification.
No, it is not required to file the same DIR-3 KYC form twice in a year.
Failure to file will result in DIN deactivation, marked as ‘Deactivated due to Non-filing’.
The Ministry of Corporate Affairs (MCA) mandates this compliance for all directors.
Yes, designated partners in LLPs with an active DIN must also comply.
There is no fee if filed within the due date. Late filing incurs a penalty of ₹5,000.
Log in to the MCA portal and check the status under the DIN services section.
Yes, the mobile number and email ID must be unique and verifiable.