Due date Director Identification Number (DIN) KYC compliance
As per Ministry of Corporate Affairs, it is mandatory for all Directors to file DIR 3 KYC form (e-kyc) before 31.08.2018.
Penalty for non compliance with the DIN:
On Non-filing of E-KYC by 31.08.2018, Director’s DIN will be marked as “Deactivated” and to activate DIN, every Director will be required to pay Rs. 5,000 penalty.
It is mandatory even for Disqualified Directors or directors who have taken the DIN only or the Director who has closed it company.
Professional Fees for filing the FORM DIR-3:
Rs 1000/- charges for DIR
Documents required for the DIR-3
Need following self attested documents –
1 PAN of Director
2 Copy of Aadhaar Card (Mandatory for Indian Director)
3 Copy of passport (if Available)
4 Unique Mobile No (will need OTP for Verification)
5 Unique Email Address (will need OTP for Verification)
6 Digital Signature of Director (Rs 1180/- extra if DSC is not available or DSC has expired)
FAQ on DIR-3
Can a Closed Company director need to file the DIR-3
yes once a person get the DIN he need to file the DIR-3
Can DIN can be deactivated
No DIN cannot be deactivated
IS DIR-3 need to be done every year
Yes, DIR-3 needs to be done every year
IS Penalty in DIR-3 Imposed every year
No, penalty is not imposed every year. It is to be paid one time when you will activate the DIN
Extension of DUE DATE OF DIR-3
The due date of DIR-3 KYC compliance is extended upto 15/09/2018. the fees of RS 5000 will be applicable from 16/09/2018.
