Director KYC

Director identification number (DIN) is a unique identification number allotted to an individual who is willing to be a director or is an existing director of a company. DIN is obtained by filing an application in eForm DIR-3, which was a one-time process to be carried out by the person who wishes to become a director in one or more than one company.

However, now with an amendment in the MCA registry, it is deemed mandatory for all directors having DIN to submit their WC details in e-Form DIR 3 KYC every year.

Who Needs To File E-Form DIR 3 KYC?

According to the latest announcements by MCA, directors are required to submit their KYC details to the MCA if they meet the below-mentioned criteria:

• Director Identification Number (DIN) was allotted to them by or on 31st March 2018
• DIN is in approved status

Note: Disqualified directors are also required to file KYC.

Things To Keep In Mind While Filing E-Form DIR-3 KYC

• Directors are required to provide their mobile number and email id while filling this e-form. This information will be verified by a One-Time-Password (OTP).
• Directors will need to use their digital signatures for filing this e-Form.
• Directors will have to get the e-Form certified by a recognized Chartered Accountant or Cost Accountant or Company Secretary, practising the profession.

Due Date And Penalty Charges For Not Filing DIR 3 KYC Form

When a director fails to file the e-Form within the due dates for the extended due date on the MCA 21 portal, the DIN of such director is marked as deactivated due to non-filing of DIR-3 KYC by the authorized department. In such cases, the director can re-activate his DIN by filing the e-Form DIR-3 KYC that he missed after paying a late fine of INR 5000.

Documents Required To File DIR 3 KYC Form

• Proof of Nationality
• Details of citizenship, gender, date of birth, etc.
• Permanent Account Number (PAN)
• Passport (compulsory when DIN holder is of foreign nationality)
• Driving License
• Aadhar card
• Personal Mobile and Email
• Proof of Residential Address
• Voters Identity Card