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DIR 3 KYC

Complete KYC

Your DIR-3 eKYC

Are you a director or designated partner?. It is mandatory to file DIR3-eKYC Form. File yours with ThinkBiz Filings at prices starting from INR 999/- only.

 
 
 
 
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What is form DIR 3 KYC?

All you need to know

In the backdrop of new MCA guidelines, it is now mandatory to conduct KYC in respect of each person who holds Director Identification Number (DIN). For Financial year 2019-20 on wards – Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is ‘Approved’ including disqualified directors, would mandatorily be required to file form DIR-3 KYC.

What is Director Identification Number (DIN)?

Every new or existing director of the company must apply for the Director’s Identification Number. It is is a unique identification number given to a person wanting to be a director or an existing director of a company with lifetime validity.

What is Form DIR 3 KYC?

DIR 3 KYC is a form to be filed by Every director who has been allotted DIN (Director Identification Number). It is mandatory for all the directors irrespective of their status as qualified or disqualified. Additionally, DIR-3-KYC-WEB is to be used by the DIN holder who has submitted DIR-3 KYC eform in the previous financial year and no update is required in his details.

Who Should File Form DIR 3 KYC?

All DIN holders must file DIR 3 KYC every year.

What is the due date of filing ROC Form DIR 3 KYC?

Every individual who is allotted DIN as on 31st March of a financial year must submit his KYC on or before 30th September of the immediately next financial year.

Requirement of filing DIR 3 KYC:

For Financial year 2019-20 onwards – Every Director who has been allotted DIN on or before the end of the financial year, and whose DIN status is ‘Approved’, would be mandatorily required to file form DIR-3 KYC before 30th September of the immediately next financial year.

What happens if DIR 3 KYC is not filed ?

In cases where a director who is supposed to file the DIR 3 KYC e-Form or DIR 3 KYC web, does not file it within the due date on MCA 21 portal, the department will mark the DIN of such director as ‘Deactivated due to Non-filing of DIR-3 KYC’. and shall have to pay penalty of INR 5,000/10,000 if filed after the due date.

File your Company Annual filing forms with ThinkBiz Filings at affordable Prices.

Why ThinkBiz Filings as your service provider for DIR 3 KYC?

ThinkBiz Filings is a group of intellectuals. The entire team of ThinkBiz Filings consists of Highly qualified CA, CS, and business administrators. ThinkBiz Filings would be a one stop destination for Activating your disqualified DIN / DIR 3 KYC form Filing / New DIN application. Apart from this we provide services like Start up advisory, Secretarial compliance services, PAN / TAN application, DIN registration, GST registration, Trademark registration, GST / Income tax return filing and many more. You may get in touch with our compliance manager on 09704561215 or email info@Thinkbizfiling.com  for for free consultation, and to know more about the services provided by us.

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Our Pricing
999/-
(all inclusive)

ESSENTIAL

  • DIR-3 KYC for one Director
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Our Pricing
1999/-
(all inclusive)

ENHANCED

  • 2 Directors' DIR 3 KYC
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Our Pricing
2999/-
(all inclusive)

ULTIMATE

  • DIR-3 KYC for one Director
  • 1 DSC Application Class II Individual 2 Year Validity
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Compliance Requirements for a Partnership Firm

Income Tax Return

    Partnership firms must file annual tax returns. The due date is 31st July for non-audit cases and 30th September for audited firms. Timely filing ensures compliance, avoids penalties, and maintains legal standing.

    GST Compliances

      Partnership firms must register for GST if turnover exceeds the prescribed threshold. Regular GST return filing is mandatory to ensure compliance, avoid penalties, and maintain smooth business operations under GST laws.

      TDS Compliance

        Partnership firms must deduct and deposit Tax Deducted at Source (TDS) if liable under the Income Tax Act. Timely filing of TDS returns ensures compliance, avoids penalties, and maintains smooth financial operations.

        Accounting

          firms must maintain proper books of accounts reflecting an accurate and fair view of financial affairs. Each partner’s capital, withdrawals and profit share should be recorded separately to ensure transparency

          Tax Audit (if applicable)

            Required for partnership firms if business turnover exceeds ₹1 Cr or professional receipts surpass ₹50 Lakh under Section 44AB, ensuring regulatory compliance and accurate financial reporting.

            Firm Updates

              Partnerships must file updates on any changes in firm structure, such as partner additions, removals, or modifications to the partnership deed, ensuring legal compliance and transparency.

              Documents Required for Partnership Firms

              Quick Checklist

              • PAN card of all partners of the firm.
              • Aadhaar/Passport/Voter ID/Driving License of all partners.
              • Latest utility bill, rent agreement, or ownership proof of the firm’s office.
              • Latest bank statements of partners.
              • Recent photos of all partners.

              Key Benefits of a Partnership Firm

              Points to make your decision easy

              Ease of Formation

                Partnership firms have a straightforward registration process with minimal legal formalities, making them easy and cost-effective to establish.

                Tax Benefits

                  Partnership firms avoid double taxation, as profits are taxed only at the firm’s level and not again in the hands of partners, ensuring tax efficiency.

                  Lower Compliance

                    Partnership have fewer regulatory requirements and legal formalities compared to corporations, reducing administrative burdens and operational costs.

                    Decision-Making

                      Partnership firms enable quick decisions without extensive regulatory approvals, allowing for agile business operations and faster implementation of strategies.

                      Profit Sharing

                        Partners can distribute profits as per the agreed ratio in the partnership deed, allowing flexibility and mutual benefit in financial management.

                        No Minimum Capital

                          Partnership firms have no minimum capital requirement and can be registered even with Rs. 10,000 as total capital, providing flexibility in business setup.

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                          FAQs On DIR 3 KYC
                          Get answers to all your queries
                          What is DIR-3 KYC?
                          • DIR-3 KYC is an annual compliance requirement where Directors of companies must update their KYC details with the Ministry of Corporate Affairs (MCA).
                          Who needs to file DIR-3 KYC?
                          • Every individual holding a Director Identification Number (DIN) as of March 31st of a financial year must file DIR-3 KYC.
                          What are the different types of DIR-3 KYC filings?
                          • DIR-3 KYC (Form-Based): For first-time filers or those updating details. DIR-3 KYC Web: For directors who have already filed DIR-3 KYC in the previous year and have no changes in details.
                          What is the due date for filing DIR-3 KYC?
                          • The due date is typically September 30th of every financial year.
                          What happens if DIR-3 KYC is not filed on time?
                          • Failure to file leads to DIN deactivation with the status marked as ‘Deactivated due to non-filing of DIR-3 KYC.’ A late fee of ₹5,000 applies for reactivation.
                          How can I file DIR-3 KYC?
                          • It must be filed online via the MCA portal using DSC (Digital Signature Certificate) and OTP verification.
                          What documents are required for DIR-3 KYC?
                          • PAN Card Aadhaar Card Passport (if applicable) Director’s Address Proof Email & Mobile Number (for OTP verification)
                          Can a director file DIR-3 KYC without a DSC?
                          • No, DSC (Digital Signature Certificate) is mandatory for filing the form-based DIR-3 KYC.
                          Is there a fee for filing DIR-3 KYC?
                          • Before the due date: No fee. After the due date: ₹5,000 penalty applies.
                          Can a deactivated DIN be reactivated?
                          • Yes, by filing DIR-3 KYC with the ₹5,000 penalty fee. Let me know if you need assistance with filing DIR-3 KYC!
                          Have some queries?
                          • Don’t worry!! Our expert will help you to choose the best suitable plan for you. Get in touch with our team to get all your queries resolved. Write to us at info@thinkbizfiling.com or call us @+91 970 456 1215

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