DIR-3 KYC is an annual e-form which is to be filed by every Director/Partners/Designated Partners who has been allotted a ‘Director Identification Number’ (DIN) as on 31st March of a financial year and is to be submitted as an e-form DIR-3-KYC to the Central Government on or before 30th September of immediate next financial year.The concept and compliance requirements of a Director KYC was introduced in 2018 w.e.f. 10.07.2018 through the new Rule “12A” inserted by MCA.This form shall have information of directors address, email ID , current mobile number and other supporting documents such as PAN , Address proof etc.

DIR -3 KYC–WEB is used for verification of details by the DIN holder who has submitted Form DIR -3 KYC in the previous financial year provided no update is required in his details.

Documents Required for DIR-3 KYC/ Web DIR-3 KYC

For filing your DIR 3 -KYC form, the DIN holder will need the following documents:

1. Details of Nationality and Citizenship details like gender, and date of birth.
2. Permanent Account Number (PAN) (Self & Professional Attested)
3. Voters Identity card Aadhar Card/ Passport / License (Self & Professional Attested)
4. Passport (mandatory if a foreign national is holding a DIN)
5. Personal Mobile
6. Personal Email Address
7. Residential address.

Apart from the details and documents provided above, a director also needs to be ready with the following things:

1. DSC (Digital Signature Certificate) to file Director KYC;
2. Attestation of all the documents by a Practicing CA (Chartered Accountant), CS (Company Secretary), or Cost Accountant;
3. Attestation by the prescribed authorities in case of Foreign Nationals;
4. Compulsory Attestation of the Declaration made by the Applicant or Director by a Practicing CA (Chartered Accountant), CS (Company Secretary), or Cost Accountant

Consequences of not filing the form

On the expiry of due date for filing of DIR-3 KYC, all the Approved DIN will be marked “Deactivated” with reason of ‘Not filing of DIR-3 KYC’. Penalty of Rs. 5,000/- shall also be levied on the expiry of the due date.

Objective of Filing the Form

The objectives behind the Filing of Director KYC are as follows:

1. Record the correct and accurate details regarding the DIN holder;
2. Verify the details of the Holder in case he/she furnishes wrong information;
3. Update the details of the DIN Holder in case there is a change in his/her address or contact details.