About DIR-3 KYC
Directors KYC Rules is governed by Rule 12 A of Chapter XI of the Companies (Appointment and Qualifications of Directors Rules 2014) act.
Those individuals holding DIN as on 31st March of Financial Year are required to submit E Form DIR-3 KYC for said FY to Central Govt on or before 30 September of immediate next FY, provided individual who has already submitted E Form DIR-3 KYC in relation to any previous FY, submit Webform “DIR-3 KYC WEB” for subsequent FY. In DIR-3 KYC WEB, you can’t update your mobile number and Email address. For updating your mobile number and Email Address you need to file E Form DIR 3 KYC only.
It is important to process the same as failure to do so might hamper many accounting requirements.
Here are some advantages of DIR 3 KYC that one should be aware of.
When the Dir-3 KYC is filled the DIN is not deactivated by the department and also the director is saved from paying the penalty as there is no reactivation of the DIN
Packages for DIR 3 KYC
We presently offer a single price package for this service.
- Document Collection and Verification
- Application process
- Getting the KYC done confirmation
The documents to be attached along with the DIR 3 KYC are mentioned below.
- Voter ID Card
- Ration Card d. Driving License
- Electricity Bill
- Telephone Bill
- Adhaar Card (All utility bills should be in name of the applicant)
- Query 14 What if an individual is holding multiple DIN
- Retain oldest one and surrender all latest in DIR -5
Frequently Asked Questions (FAQs)
Here are the answers to some of the commonly asked questions about DIR 3 KYC form
Who is required to file DIR-3 KYC form?
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 form DIR-3 KYC to update KYC details in the system on or before 15th September 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 DIR-3 KYC before 30th April of the immediately next financial year.
After the expiry of the respective due dates, the system will mark all non-compliant DINs against which DIR-3 KYC form has not been filed as ‘Deactivated due to non-filing of DIR-3 KYC’.
Which details are required to be filled in the form?
Name (as per PAN database), Father’s Name (as per PAN database), “Date of Birth (DoB)” (as per PAN database), PAN Number (mandatory for citizens of India), Personal Mobile Number, and Personal Email Address and Permanent/ Present address.
Further, Aadhaar is mandatory, if it is assigned. If not, then a Voter ID or Passport or Driving Licence shall be attached. Accordingly, a copy of any one of the above-selected information is to be attached.
Is it mandatory to enter a unique mobile number and email ID in the form DIR-3 KYC?
Yes. It is mandatory to enter your personal mobile number and personal email ID in the form DIR-3 KYC and the same has to be verified by an OTP process. Further, the mobile number and email ID must be unique such that it is not already linked with some other person in the DIN holders’ database