As a part of updating its registry, MCA has made it mandatory for every director to complete the KYC through DIR-3 annually.
It is mandatory for every director who was allotted DIN on or before 31st March 2023 and whose DIN is in Approved status to get their DIR-3 (KYC) filing done within the stipulated time period. The last date for filing e-form DIR-3 KYC without fee for this year is 30th September 2023. If you fail to file Director KYC within due date there is a penalty of Rs.5000 (Rupees Five Thousand)
The status of non-compliant DINs will been updated as ‘Deactivated due to non-filing of DIR-3 KYC’. However, the non-compliant DIN holders may file DIR-3 KYC with a fee of Rs.5000 (Rupees Five Thousand Only) from 30th September 2023 onwards.
How can CA On Web help you
Our team at CA on Web is available at your service and will help you to get the filing done through our team of expert professionals by complying all the requirements of documents involved in the filing of e-form DIR-3 (KYC). All you need is to send the documents and our team of experts will handle the cumbersome filing process.
How it’s Done?
Duration: The duration of the whole process will be same day.
- Provide the details & documents.
- Verification of the documents
- Filling the form and OTP of Email and mobile number
- Certification of form
- Submission of form
- Acknowledgment received.
Document to be submitted
- PAN Copy
- Aadhar Card
- Passport copy
- Permanent Address Proof (Bank Statement / Electricity Bill / Mobile Bill or Telephone Bill which should not be older than 2 months )
- Present Address Proof, if any (Bank Statement / Electricity Bill / Mobile Bill or Telephone Bill which should not be older than 2 months )
- Valid Mobile No.
- Valid E-mail id
FAQs
What is the new compliance requirement on of KYC of Directors?
Every director who has been allotted DIN on or before 31st March 2023 and whose DIN is in “approved “status are required to file DIR-3-KYC on or before 30th Sep 2023. Even the disqualified directors shall complete this KYC compliance.
Can this filing be done by self?
This DIR-3-KYC should be certified by a practicing Chartered Accountant or Company Secretary or Cost & Management Accountant
Who should sign this DIR-3-KYC e-form?
This KYC e-form shall be digitally signed by the director himself. Any other director of the company is not allowed to sign the e-form on behalf of the director whose KYC is being done.
What is the mode of submission of application?
The e-form DIR-3 (KYC) can be submitted online via https://mca.gov.in
What are the consequences of non-filing of this KYC E-form?
After expiry of the due date, MCA has will mark your DINs as ‘Deactivated’ with reason as ‘Non-filing of DIR-3 KYC’, which will remain in ‘Deactivated’ status till the DIR-3 KYC form is filed.
I have other questions regarding DIR-3-KYC e-form,
You could send your questions to info@caonweb.com mail@caonweb.com
Chartered Accountant by profession, CA Sanket Agarwal has an experience of above11 years in Cross Border compliance , Import Export , International Taxation & is a passionate content creator.