DIN KYC Update - Foreign Nationals

Ministry of Corporate Affairs (MCA) has introduced a new compliance requirement for all individuals who have been allotted Director Identification Number (DIN/DPIN) on or before March 31, 2018 and are continuing to hold the same. MCA would be conducting KYC of all directors annually through a new eform viz. DIR-3 KYC.

Estimated Time

1 Day

Price Range

INR 1,500 - 2,000

Scope of Work

1. Every Director who has been allotted DIN/DPIN on or before March 31, 2018 and whose DIN is in ‘approved’ status would be required to file form DIR-3 KYC on or before April 30 of the subsequent financial year. (in case of 2018, the date has been specified as August 31, 2018) 2. The form should be filed by every director using his own digital signature (DSC) and should be duly certified by a practicing professional (CA/CS/CMA). Filing of DIR-3 KYC is mandatory for disqualified directors as well. 3. After the due date of filing, filing of DIR-3 KYC in respect of such deactivated DINs shall be allowed upon payment of a fee of INR 5,000.

Documents Required

1. A valid DIN number and a valid digital signature. Digital signature should be based on PAN/passport name and PAN/passport number. 2. Self-attested copy of passport (mandatory) & PAN card which will be attested by the professional who is certifying form DIR-3 KYC. 3. If the person has an aadhaar card, a self attested copy of the aadhaar card is required which will be attested by the professional who is certifying form DIR-3 KYC. 4. Personal Mobile Number for receipt of OTP. (Please give your own mobile number - one mobile number can be used only for one DIN) 5. Personal e-mail ID for receipt of OTP. (Please note one e-mail ID can be used only for one DIN) 6. Address proofs like passport, driving license, electricity bill, or telephone bill shall be self attested and should be in the name of applicant.