DIR-3 KYC is an annual compliance requirement for directors to update their details with the Ministry of Corporate Affairs (MCA) in India. The process ensures the MCA database remains accurate and up-to-date.
Directors must fill out the DIR-3 KYC form online, providing details such as name, date of birth, address, email, and phone number. They must also attach supporting documents, including a self-attested copy of their PAN card, Aadhaar card, and a personal mobile number and email address. The form must be digitally signed using the director’s Digital Signature Certificate (DSC).
Once the form is completed, it is submitted through the MCA portal. Directors must complete this process by September 30th each year to avoid deactivation of their Director Identification Number (DIN). Failure to comply can result in a penalty and the deactivation of the DIN, impacting the director’s ability to participate in any corporate activities. Ensuring timely submission of DIR-3 KYC maintains compliance and the director’s active status.