Reactivate DIN with DIR-3 KYC Filing

At Vijendra & Co., we specialize in providing expert assistance in Company Secretary (CS) and Chartered Accountant (CA) services, ensuring compliance with corporate regulations. One of the key services we offer is helping directors Reactivate DIN with DIR-3 KYC filing. For those holding director positions in businesses incorporated under the Companies Act of 2013, the Director Identification Number (DIN) is essential. However, if the DIN becomes inactive due to non-compliance, it must be reactivated through proper DIN Reactivation - Filing Form DIR-3 KYC.

Director Identification Number (DIN)

When someone wants to become a director of a firm, the Ministry of Corporate Affairs (MCA) will assign them a unique eight-digit number called a Director Identification Number (DIN). The DIN serves as a crucial identifier, linking a director to multiple companies and ensuring legal accountability. Every director must comply with DIR-3 KYC filing annually to keep their DIN active and avoid deactivation.

Form DIR-3 KYC: What is it?

The MCA established Form DIR-3 KYC as an annual compliance requirement to keep directors' records up to date. By confirming the directors' identities, this filing guarantees transparency and prevents fraud. If a director fails to submit DIR-3 KYC filing within the prescribed time, their DIN is deactivated, restricting them from performing directorial responsibilities.

Applicability of Form DIR-3 KYC

The DIR-3 KYC filing applies to all individuals holding a DIN, whether they are currently appointed as a director in a company or not. Even if the DIN is not actively in use, the holder must complete the annual DIR-3 KYC filing to keep it valid and operational.

Purpose of DIR-3 KYC

The primary objectives of DIR-3 KYC filing include:

• Ensuring the authenticity of directors registered with the MCA.
• Preventing fraudulent appointments and misuse of directorships.
• Maintaining updated contact details of directors in the MCA database.
• Enhancing corporate governance and compliance standards.

Annual Deadline for Filing Form DIR-3 KYC

The MCA mandates that all DIN holders complete their DIR-3 KYC filing by September 30th of each financial year. Failure to meet this deadline results in DIN deactivation, rendering the director unable to conduct company-related activities.

DIR-3 KYC Filing Types

KYC eForm DIR-3

This mode of filing is applicable to directors who are filing DIR-3 KYC for the first time or need to update their information (such as mobile number, email, or residential address). The eForm must be digitally signed using a Class 2 or Class 3 Digital Signature Certificate (DSC) and certified by a practicing professional (CS, CA, or CMA).

DIR-3-KYC-WEB

This simplified online process is available for directors who have previously submitted the DIR-3 KYC eForm without any changes in their details. The director can complete the DIR-3 KYC filing by verifying their credentials through the MCA portal without requiring a DSC.

Penalty for Non-Filing of DIR-3 KYC

When DIR-3 KYC filing is not completed, the DIN is deactivated and recorded as "Deactivated due to Non-filing of DIR-3 KYC." To restore the DIN, the director must pay a late fee of INR 5,000, in addition to submitting the DIR-3 KYC filing. The DIN remains inactive until the necessary compliance is fulfilled.

DIN Deactivation

When a DIN is deactivated due to non-compliance with DIR-3 KYC filing, the director is legally barred from executing directorial duties, signing official documents, or engaging in company-related decisions. A deactivated DIN creates hurdles in regulatory filings, financial transactions, and business operations.

DIN Reactivation

To Reactivate DIN with DIR-3 KYC filing, the director must:

• Fill out Form DIR-3 KYC accurately.
• Attach the required documents.
• Digitally sign the form using a DSC.
• Obtain professional certification from a CS, CA, or CMA.
• Pay the applicable penalty fee if the deadline was missed.
• Submit the form via the MCA portal.

Documents Required for DIR-3 KYC Filing

To successfully complete the DIR-3 KYC filing, directors must submit the following documents:

• Passport (required for foreign nationals)
• PAN Card (required for Indian nationals)
• The Aadhaar Card
• Proof of address (bank statement or utility bill no more than two months old)
• Individual email address and mobile number (for OTP verification)
• The director's Digital Signature Certificate (DSC)
• A practicing professional's certification (CS, CA, or CMA)

Streamline Your DIN Reactivation Process with CS Vijendra & Co

At Vijendra & Co., we simplify the process to Reactivate DIN with DIR-3 KYC filing through expert guidance and end-to-end support. Our group guarantees timely filing, correct paperwork, and smooth adherence to MCA rules.

Reactivating a DIN is a crucial step for maintaining a director's legal status and business credibility. By entrusting this responsibility to Vijendra & Co., directors can avoid penalties, prevent disruptions in their corporate activities, and ensure continued regulatory compliance.

Our firm is committed to providing professional assistance for DIR-3 KYC filing, DIN reactivation, and all related corporate compliance services. Stay compliant and ensure uninterrupted directorship with our expertise in company law and regulatory procedures.

For a hassle-free experience in DIN Reactivation - Filing Form DIR-3 KYC, trust the specialists at Vijendra & Co. and safeguard your corporate journey today.