The Ministry of Corporate Affairs (MCA) has made it mandatory for every director in India to complete the DIR-3 KYC filing annually. This process ensures that the details of directors associated with companies remain accurate and up to date in the government records. For directors in Andhra Pradesh, understanding and completing the DIR-3 KYC filing on time is crucial to maintain compliance and avoid penalties.
Understanding DIR-3 KYC
DIR-3 KYC Filing in Andhra Pradesh that must be completed by every individual who holds a Director Identification Number (DIN). The purpose of this filing is to verify and update the contact details and other personal information of the director with the MCA. Even if there are no changes in personal details from the previous year, the KYC must still be filed every year before the due date. This ensures the authenticity of director records and helps the government maintain a transparent corporate database.
Who Needs to File DIR-3 KYC
Every individual who has been allotted a DIN and whose status is “Approved” on the MCA portal must file DIR-3 KYC. This requirement applies irrespective of whether the person is currently active as a director in a company or not. In Andhra Pradesh, as in other states, directors of private limited companies, public limited companies, LLPs, or Section 8 companies are all required to complete this annual filing to keep their DIN active.
Process of Filing DIR-3 KYC in Andhra Pradesh
The filing process for DIR-3 KYC is entirely online through the MCA portal. Directors must log in to the MCA website, download the DIR-3 KYC form, and fill in the necessary personal and contact details such as mobile number, email address, PAN, and Aadhaar. The form also requires verification through OTPs sent to the registered mobile number and email address. Once completed, it must be digitally signed using a Digital Signature Certificate (DSC) and certified by a practicing professional such as a Chartered Accountant, Company Secretary, or Cost Accountant before being uploaded to the MCA portal.
Due Date and Late Fee
The due date for filing DIR-3 KYC is generally 30th September of every financial year. Directors in Andhra Pradesh must ensure they file the form before the deadline to avoid penalties. If the filing is not completed on time, the DIN gets deactivated, and a late filing fee of ₹5,000 becomes applicable to reactivate it. This penalty applies uniformly across India, including Andhra Pradesh.
Consequences of Non-Compliance
Failure to file the DIR-3 KYC can have serious implications. An inactive DIN prevents a director from signing or filing any company-related documents, which can disrupt business operations. It may also reflect poorly on the company’s compliance record with the MCA. Directors are therefore advised to prioritize this filing to avoid unnecessary complications.
Professional Assistance for DIR-3 KYC in Andhra Pradesh
Many professionals and compliance service providers in Andhra Pradesh offer assistance in completing the DIR-3 KYC filing process. They ensure accuracy, help with documentation, and submit the form on behalf of directors. Engaging a professional can save time and ensure compliance with all MCA requirements, especially for directors managing multiple companies or complex business structures.
Conclusion
DIR-3 KYC filing is an essential annual compliance for every director, ensuring transparency and accountability in corporate governance. Directors in Andhra Pradesh should stay vigilant about the due dates, maintain accurate personal records, and complete their filings promptly to avoid penalties. Regular compliance not only keeps the DIN active but also strengthens the company’s reputation for following statutory requirements.
