1Who is required to file e-form DIR-3 KYC?
Every individual who has been allotted DIN and has ‘approved’ status must file this form if he is:
– a director in the company; or
– a partner in LLP; or
– holding DIN but not associated with any organization.
2Is it mandatory to have DSC for filing DIR-3 KYC?
Yes, every DIN holder must possess valid PAN-based Class – 2 DSC. The e-form is filed with individual’s own DSC, details of which are verified directly with the Income Tax Department as per PAN. In case of foreign national, the name would be matched with his/her name entered while filing DIR-3 KYC.
3Is professional certification mandatory?
Yes, professional certification for filing DIR-3 KYC is mandatory. The e-form must be certified by the practising professional i.e. CA/CS/CMA with his DSC.
4My DIN status is ‘Deactivated’. Can I file KYC form?
No, an Individual with ‘Approved’ status can only file this form. However, if your DIN is deactivated by reason of non-filing of DIR-3 KYC, you can file this form for re-activating DIN by payment of the prescribed fee (INR 5,000).
5I am a non-resident Indian. Can I provide Indian number mobile number?
No. A non-resident must provide a foreign mobile number and foreign address as their permanent address.
6What is the Government fee for filing e-form DIR-3 KYC?
For filing the said form, there is no government fee prescribed. However, if it is filed after the due date, a penalty of INR 5,000 is imposed.
7What happens if my DIN gets deactivated due to non-filing of KYC?
In said case, the DIN will be deactivated with the reason of ‘non-filing of DIR-3 KYC’. Due to deactivation, you will not be allowed to take any actions based on your DIN and any action taken will be held invalid.
8Is this a one-time process or to be done annually?
Filing KYC by directors are prescribed annually. For every financial year, the KYC is to be updated by 30th April of the immediate next financial year.
9My DIN is deactivated due to non-filing of DIR-3 KYC. How do I reactivate it?
If your DIN is deactivated due to non-filing, you are required to file KYC with a fee of INR 5,000 towards Government fee to reactivate the same.