What is DIR-3 KYC

DIR-3 KYC (Director KYC) is a form that directors of companies in India are required to file annually with the Ministry of Corporate Affairs (MCA). This filing is part of the MCA’s efforts to maintain an up-to-date registry of directors and their details. Here are the key details about DIR-3 KYC:

1. Purpose:

• The primary purpose of DIR-3 KYC is to ensure that the MCA has accurate and updated information about all directors associated with registered companies.

2. Who Should File:

• Every individual who is a director on the board of a company, whether as an executive or non-executive director, must file DIR-3 KYC.

3. Filing Period:

• The DIR-3 KYC form must be filed annually. Directors are required to complete this filing between April 1 and September 30 each year.

4. Filing Method:

• The form is filed electronically through the MCA21 portal. Directors need to log in to the portal and provide the necessary information.

5. Information Required:

• The form typically requires directors to provide details such as their personal and professional addresses, contact details, DIN (Director Identification Number), passport details (if applicable), PAN (Permanent Account Number), and other relevant information.

6. Supporting Documents:

• Directors may be required to attach supporting documents, such as address proof, PAN card, and passport (if applicable).

7. Late Filing Penalty:

• Filing DIR-3 KYC after the due date may attract a late filing fee. It’s important to file within the specified period to avoid penalties.

8. Consequences of Non-Filing:

• Failure to file DIR-3 KYC within the prescribed period may result in the deactivation of the director’s DIN.

9. Verification:

• Directors need to verify their details through a one-time password (OTP) sent to their registered mobile number and email address.

Steps to File DIR-3 KYC:

1. Access MCA21 Portal:

• Log in to the MCA21 portal using your credentials.

1. Navigate to DIR-3 KYC Form:

• Locate the DIR-3 KYC form in the MCA portal.

1. Complete Form:

• Fill in the required details accurately. Ensure that the information matches your other official documents.

1. Attach Supporting Documents:

• Attach the necessary supporting documents as specified in the form.

1. Verify Information:

• Verify the details provided and submit the form.

1. Payment of Fees:

• Pay any applicable fees associated with the filing.

1. OTP Verification:

• Complete the OTP verification process using the OTP sent to your registered mobile number and email.

1. Submission:

• After successful verification, submit the form.

Important Considerations:

• Directors should keep their contact details, including email and mobile number, updated in the MCA records to receive important communication.
• It’s advisable to file DIR-3 KYC well before the deadline to avoid last-minute technical glitches or rush.
• Directors should regularly check the MCA website and portal for any updates or changes to the filing process.

Always refer to the latest guidelines and notifications from the Ministry of Corporate Affairs for the most accurate and up-to-date information on DIR-3 KYC filing.