What is Director KYC 2022 (DIN-3 KYC?)
Director’s KYC Filing is an annual activity and applies to every person who was allotted a DIN (Director Identification Number) on or before 31st March 2022. The purpose of DIR-3 KYC filing is to keep the records of the ROC Updated with the correct address, mobile and email address of the directors. It is a mandatory filing, and if filed within the due date of 30th September 2022, there is no government fee. The DIN Numbers for which the KYC is not filed within its due date gets deactivated, and the same can be activated after the DIR-3 KYC is filled with late filing fees of Rs. 5000 for each such DIN Numbers.
Due Date of Filing the Director KYC for 2022
The Due Date of filing DIR-3 KYC for the financial year 2021-22 is 30th September 2022. The KYC filing for the directors has already begun effective 1st April 2022. Ensure that KYC of all directors of the company is filed within its due date to avoid deactivation of DIN and penalty of Rs 5000/-.
We have seen that in the past, the MCA has several times extended the due date of filing of DIN KYC, either because it was a new compliance requirement or due to COVID-19 Pandemic. However, with the amendment of Rule 12A vide the Companies(Appointment and Qualification of Directors) Third Amend Rules 2019 Dated 25th July 2019, now the due date of filing director KYC has been made to be 30th September. Since filing KYC starts with effect from 1st April 2022 for the financial year 2021-22, the said amended rule provides ample time for filing of DIN-KYC. In the given circumstances and considering the amendment in rule 12A, we are of the opinion that the MCA may not extend the due date for DIN KYC 2022, hence recommend all DIN holders to file the KYC form ASAP.
Web Based Online DIN KYC
By inserting a provision in Rule 12A of the Companies (Appointment and Qualification of Directors) Rules, 2018, the Ministry of Corporate Affairs has made filing of the directors KYC easier. On the MCA portal a facility has been enabled for filing Web-Based Director KYC instead of uploading the DIR-3 (KYC) form. In Web-based filing, there is no need to submit or upload any document. However, the director needs to decide that the director’s particulars are correct at the MCA Portal. The Web based filing of Director KYC is applicable for the directors for the previous financial year has filed pdf based director KYC
However, if there is any change in the director’s address, then, in that case, the director needs to first update their records with the ROC by filing a DIN amendment in the prescribed form DIR-6. However, the directors can update his mobile and email address when filing for directors KYC. The due date for director KYC 2021-22 is 30th September 2022. In case a director misses the last date of filing the DIN KYC, the DIN gets deactivated, and to restore the Director Identification Number (DIN), an additional fee of Rs 5000 is applicable.
List of Document Required For Director KYC Filing
Photograph: Front facing latest passport size color photograph of the director of Partner of LLP in JPEG Format.
Pan Card: PAN is mandatory for Indian Citizens, Please submit a copy of your pan card. Ensure that the particulars are updated.
Mobile Number for OTP: Mobile number is required for OTP verification. Foreign citizens must give their overseas mobile No.
Address Proof: Passport, Voter Card, Driving License, Electricity Bill, Telephone Bill or Aadhaar (Not Older Than 2 Month)
Passport: Passport is mandatory for Foreign Citizens, However if the indian applicant has a passport then it is mandatory to file.
Email ID for OTP: furnish your email id on which government can send communication and OTP for verification.
