Director KYC is a process that verifies the identity and suitability of company directors. This is a critical compliance requirement for companies operating in regulated industries.
If you are a Director of a company in India, then you must have heard of DIR-3 KYC. It is a mandatory compliance requirement that every Director has to complete every year. Every Director has to complete DIR-3 KYC every year to ensure that their information is up-to-date and accurate.
DIR-3 KYC is important for several reasons. Firstly, it is a legal requirement, and failure to comply can result in penalties and legal action. Secondly, it helps to maintain accurate and up-to-date information about Directors, which is important for corporate governance and transparency. Finally, it can help to prevent fraud and identity theft, as the information is verified by the MCA.
Step 1: Log in to the MCA portal using your Director Identification Number (DIN) and password.
Every Director of a company registered in India has to complete DIR-3 KYC every year. This includes both Indian and foreign Directors.Step 2: Click on the DIR-3 KYC form under the e-forms tab.
Statutory Exception: The only exception is for Directors who have been disqualified or have resigned from all companies before the due date of DIR-3 KYC.Step 3: Fill in the details required in the form, including personal and professional details, such as name, address, PAN, and DIN.
Filing Pipeline Pipeline Process StepStep 4: Verify the details provided in the form and make any necessary corrections.
Filing Pipeline Pipeline Process StepStep 5: Submit the form. You will receive a confirmation message on your registered email ID.
Filing Pipeline Pipeline Process StepProfessional Fees Summary
+ Govt. Fee & GST
Single Identity Corporate Execution Service