DIR 3 KYC – DIRECTOR KYC TYPE, DOCUMENTS AND PROCESS.png

02 Sep 2021
1256
2 Mins
By CRSPL

DIR 3 KYC- Director KYC Type Document and Process

The Ministry of Corporate Affairs (MCA) to update its registry, and introduce the concept of DIR-3 KYC under which all the Directors having a DIN shall submit their KYC details annually in e-from DIR-3 KYC.

Type of DIR - 3 KYC

For the first time: e-form DIR-3 KYC
For the subsequent years: Web-based DIR-3 KYC

NOTE – Change in Particulars of Director

If there is a change in particulars of the Director like name, address, email address, mobile number, nationality, educational qualification, gender, etc. then need to file e-form DIR-6 prior to filing e-from DIN KYC.

Consequence of Not Filing Web Form DIR - 3 KYC Before Due Date

A Director who needs to file the e-form but he does not file it by 30th September on MCA Portal, then the department marks the DIN of the such director as ‘Deactivated. If the Director wants to re-activate his DIN in the future by filling out the missed out e-Form DIN KYC, he/she can do so only after payment of a late fee of Rs 5,000.

Pieces of Information And Documents Required For KYC

Pan Card
Aadhaar Card
Passport
Voter Card
Driving Licence
Email Address
Mobile Number
Educational Qualifications
Nationality

Process of DIN KYC

1. E-form Based KYC

Download the e-form DIN KYC from MCA Portal
Fill the e-form properly and attach the requested documents (Documents must be attested by professionals i.e. CS/CA/CMA)
Generate Email and Mobile OTP
Fill the OTP and Validate the same
Submit the e-form DIN KYC at MCA Portal and save the challan.

2. Web-based KYC

Do user login at MCA Portal
Select Web-Based KYC Link
Enter DIN Number
Generate Email and Mobile OTP
Fill the OTP and Validate the same
Submit the same and save the challan

The due date for filing the first time and subsequent year KYC is 30th September every year.

Also Read:- POST INCORPORATION COMPLIANCES FOR PRIVATE LIMITED COMPANY

MCA Official Statement – For the Financial year, 2018-19 – Any person who has been allotted “Director Identification Number (DIN/DPIN)” on or before 31st March 2018 and the status of such DIN is ‘Approved’, needs to file e-from DIN KYC to update KYC details in the system on or before 5th October 2018.

For the Financial year 2019-20 onwards – Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is ‘Approved’, would be mandatorily required to file Form DIN KYC before 30th September the immediately next financial year.

After the expiry of the respective due dates, the system will mark all non-compliant DINs against which the DIR-3 KYC form has not been filed as ‘Deactivated due to non-filing of DIN KYC’.

In case you have multiple DINs then you need to retain the oldest DIN and surrender all the latest DINs by filing DIR -5 e-form. Please download the latest e-form DIR-5 from the portal and try again.

Frequently Asked Questions (FAQ)

1. DIR-3 KYC DUE DATE

The term due date means the date till the government does not impose any additional fees on filing e-forms. The Due Date of e-form DIN KYC is 30/09/2021 (30th September) for this year.

2. DIR-3 KYC LAST DATE

The term last date means the date till the government allows to file an e-form with additional fees or penalties. According to the law, there is no last date to file e-form DIR-3 KYC. We can file DIR-3 KYC anytime with fees of Rs 5000/-.

3. DIR-3 KYC LATE FEE

Late fees will be charged by the department if e-form DIR-3 KYC or Web-based KYC not will complete within Due Date i.e. September 30 every year. The late fee is Rs. 5000/- each year.

4. DUE DATE OF WEB DIR-3 KYC

The due date for web-based DIR 3 KYC is September 30, 2021 for the financial year 2020-21.

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