The Ministry of Corporate Affairs (MCA) has introduced a new web-based KYC compliance procedure for directors in India. Earlier, an e-form has been released by MCA for directors to update the KYC. So, for the directors who has already filed the e-form, and no further update is required on their details. Let us learn more about it.
Who needs to file the web-based KYC process?
The new web-based KYC process is required to be filed by only those directors who have already filed the KYC form in the previous year and no further update is required to be filed. It is basically a confirmation of information step, which needs to be filed by logging into the MCA portal.
What if the director needs to update any information?
In that case, the DIR – 3 KYC form is required to be filed. If you are holding DIN and has not filed the KYC form or person who has already filed it but needs to update the information on the portal, then DIN KYC e-form is required to be filed.
Once the form is filed, and then the director can confirm their details on this newly introduced web-based portal.
How to complete the web-based KYC process?
Just follow the procedure as laid down below;
1. Login and open Platform
The first and foremost step is to log in on to the MCA profile using your relevant credentials and open the application DIR – 3 KYC WEB.
2. Get your DIN and enter
Once the KYC screen is opened, enter your director identification number (DIN) which is to be verified online.
3. See the details and verify
Once you enter your DIN number, your data will appear on the screen. Verify the data and confirm the details.
4. Submit and done
After confirmation, just submit the form and generate a zero rupee challan and your SRN number
Is this requiring any CA attestation?
No, CA signature or intervention is required for using this simple KYC process. Do it yourself, it will not take more than five minutes.
Conclusion
Though it’s a simple web-based KYC form, but in case you need any assistance from our side, please contact us.