The Director KYC is an annual process that requires the submission of updated contact information of a director to the Registrar of Companies using the DIR-3 KYC Form. There are no government fees for filing the DIN KYC. However, if the DIN KYC Form is not filed within the specified time frame (30th September), the associated DIN will be deactivated, and a subsequent fee of ₹5000/- will be required to reactivate the Director Identification Number (DIN).
Every person who has received a Director Identification Number (DIN) on or before 31st March of a financial year must submit an electronic form (e-form) called DIR-3 KYC to the Registrar of Companies (ROC) on or before the following 30th September, as part of their compliance obligations.
The process of filing the director’s KYC in DIR-3 (KYC) begins on 1 April, after the end of the financial year. For example, for FY 2023-24, the KYC filing process would start on 1 April and can be filed until 30 September 2024.
Director KYC filing with the ROC is a yearly activity. It is necessary to keep the records of the directors correct and up to date by the MCA.
Filing KYC (Know Your Customer) for the director begins on 1st April and ends on 30th September. During this period, no government fee is applicable for filing. However, if the filing is done after the mentioned date, a late filing fee of up to ₹5000/- may be imposed. Therefore, all DIN holders must complete the filing process by 30th September following the close of the financial year. For example, concerning FY 2023-24, the last date would be 30th September 2024. This will help you comply with the regulatory requirements.
Please check your email for confirmation emails from the MCA after the approval of the DIN KYC. If you have any difficulties, feel free to consult with us.
As for filing the director KYC, there is ample time beginning on 1st April and ending on 30th September. There is less chance of an extension in the due date of filing the DIN KYC process if there is some extraordinary situation. We will update this page with the new filing dates in case of any extension.
It is important to note that there is no government fee for the Directors Identification Number (DIN) KYC filing, whether done through the Web-Based KYC or via the DIR-3 (KYC) filing process. However, the filing is delayed beyond the due date of 30 September. In that case, a fine or additional fee of ₹5000 will be applicable. Therefore, it is crucial to ensure timely submission to avoid any penalties or extra charges.
The filing of DIR-3 KYC (Know Your Customer) is mandatory not only for disqualified directors but also for those seeking to comply with regulatory requirements and maintain transparency in their directorship positions. This step is essential for upholding corporate governance and fulfilling legal obligations, thus ensuring the integrity and credibility of individuals serving in such roles.
Effective 30th September, the MCA21 system will designate all approved Director Identification Numbers (DINs) allocated before 31st March and lacking a submitted DIR-3 KYC form as “Deactivated.” “Non-filing of DIR-3 KYC” is the explanation for the deactivation. A deactivated DIN renders the holder ineligible for any directorial positions in any company.