DIR 3 KYC
Director identification number (DIN) refers to a unique identification number allotted to an individual willing to be a director or an existing director of a company. DIN is obtained by filing an application in eForm DIR-3, which was initially a single-time process to be carried out by the one who wishes to become a director in one or more companies.
However, with an update in MCA’s registry, it becomes mandatory for all directors having DIN to submit their KYC details in e-Form DIR 3 KYC every year.
1st January 2021
- “Please note that the last date for filing DIR-3 KYC for the Financial year 2019-20 has expired on 31st December 2020. The deactivating of the non-compliant DINs is in progress and will be completed shortly. Please note that web service DIR-3 KYC shall not be available for filing during the pendency of this activity. Filing of DIR-3 KYC can be made after completion of the scheduled activity, as above, when the service is made available on the portal after payment of applicable fees. Stakeholders may kindly note and plan accordingly.”
Important Update by MCA – “DIN holders of DINs marked as ‘Deactivated’ due to non-filing of DIR-3KYC/DIR-3 KYC-Web and those Companies whose compliance status has been marked as “ACTIVE non-compliant” due to non-filing of Active Company Tagging Identities and Verification(ACTIVE) e-form are encouraged to become compliant once again in pursuance of the General Circular No. 11 dated 24th March, 2020 & General Circular No.12 dated 30th March 2020 and file DIR-3KYC/DIR-3KYC-Web/ACTIVE as the case may be between 1st April, 2020 to 30th September, 2020 without any filing fee of INR 5000/INR 10000 respectively.”
Type of DIR-3 KYC Filing
The DIN holder can file and update their DIR-3 KYC details through e-Form and web services for the previous financial year. These are two types and details mentioned below:
The web services are available to the DIN holder who has previously submitted the e-Form DIR-3 KYC in the past financial years and does not require an update in KYC details can make annual KYC updation.
KYC Update via Web Services of DIR-3
The holder of DIN filing the KYC details in the initial period as per the MCA should file the particulars of KYC via the e-Form DIR-3 KYC and the web services access is not available to the person. Also, the DIN holder need to update the KYC via the e-Form DIR-3 KYC if the update has to be updated. There is no access to the web services for the updation of DIR-3 KYC.
When a director fails to file the e-Form by the due dates (or extended due date) on MCA 21 portal, the DIN of such director is marked as ‘Deactivated due to Non-filing of DIR-3 KYC’ by the department. In such cases, the director can re-activate his DIN by filing the missed out e-Form DIR-3 KYC after paying a late fine of INR 5,000.
| E-Form | Purpose of Form | Timeline | Last Date to File | Remark |
|---|
| DIR-3 KYC | KYC of Directors | Annual Compliance | 30th September 2021 | Every individual who holds DIN as of 31st March 2021 and has not filed DIR 3 KYC form previously or has a change in email id and mobile number. |
| DIR-3 KYC Web | KYC of Directors | Annual Compliance | 30th September 2021 | Every individual who has previously filed form DIR-3 KYC and there is no change in email id and mobile number |
Created
& Posted by (Ramesh Kumar Gupta)
Senior
Accounts Manager at TAXAJ
TAXAJ is a consortium of CA, CS, Advocates
& Professionals from specific fields to provide you a One Stop
Solution for all your Business, Financial, Taxation & Legal Matters under One
Roof. Some of them are: Launch Your Start-Up
Company/Business, Trademark & Brand
Registration, Digital Marketing, E-Stamp Paper Online, Closure of Business, Legal Services, Payroll Services, etc. For any further
queries related to this or anything else visit TAXAJ
Watch all the Informational Videos here: YouTube Channel
TAXAJ Corporate Services LLP
Address: 1/11, 1st Floor, Sulahkul Vihar, Old
Palam Road, Dwarka, Delhi-110078
Contact: 8961228919 ; 8802812345 |
E-Mail: connect@taxaj.com