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Director’s KYC, officially known as DIR-3 KYC, is a mandatory compliance requirement by the Ministry of Corporate Affairs (MCA), Government of India. It requires every individual who has been allotted a Director Identification Number (DIN) to file their personal KYC details with the MCA on an annual basis. This process helps the government maintain an up-to-date database of all directors in the country and ensures transparency in corporate governance.
The filing is done through Form DIR-3 KYC, and it is mandatory for all directors, whether they are currently active or inactive, who hold a valid DIN as on 31st March of the financial year. If you fail to complete this filing before the due date (typically 30th September of each year), your DIN becomes deactivated, which means you won’t be allowed to act as a director in any company until the KYC is completed again, along with a late fee.
Filing KYC ensures that your DIN remains active, allowing you to continue your role as a director without any interruptions.
It helps directors and companies stay compliant with MCA rules, avoiding unnecessary legal troubles or penalties.
Filing on time saves you from a late fee of ₹5,000, which is imposed if the due date is missed.
An active DIN is essential for signing forms, agreements, and approvals. Timely filing ensures uninterrupted operations.
Updated KYC promotes corporate transparency, which is important for investors, regulators, and other stakeholders.
Non-compliance affects a company’s image. Filing the KYC maintains the credibility and goodwill of the company.
Regular KYC updates reduce chances of impersonation or misuse of director details.
KYC ensures that all personal details of the director are correct and updated in government records.
You cannot file other MCA forms if your DIN is deactivated, so filing KYC is a gateway to other compliances.
All individuals who have been allotted a DIN on or before 31st March of the financial year must file DIR-3 KYC every year before 30th September. It applies even if the director is not currently active in any company.
If you miss the deadline, your DIN will be marked as ‘Deactivated due to non-filing of DIR-3 KYC’. You will then have to file it with a ?5,000 late fee, and during this time, you cannot act as a director in any company.
No, it is mandatory to have a valid DSC for filing DIR-3 KYC. The form has to be digitally signed and certified by a practicing CA, CS, or CMA.
Yes, Aadhaar is compulsory and must be linked with your mobile number to receive OTP. It is required for identity verification and must match with your PAN details.
If you have a valid DIN, even if you're not actively working as a director, you are still legally required to file the KYC unless you surrender or deactivate your DIN.
Yes, applying for DIN (Form DIR-3) is a one-time process, while DIR-3 KYC is an annual requirement to keep your DIN active and valid.
You can check the status of your DIN on the MCA portal by entering your DIN number under ‘Verify DIN/PAN details of Director’.
There is no government fee if filed before the due date. After the deadline, a penalty of ?5,000 is applicable. Professional filing charges may vary depending on the service provider.
No, a person can hold only one DIN. If you have more than one, it is considered a violation, and the extra DINs must be surrendered.
Yes, the mobile number and email ID must be verified through OTP each year, even if the contact details haven’t changed. This helps ensure authenticity and security.
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