DIR-3 KYC for LLP Partners

Introduction

The Ministry of Corporate Affairs (MCA) has made it mandatory for all Limited Liability Partnership (LLP) partners to file DIR-3 KYC form annually. The form is used to update the personal details of the designated partners of the LLP. In this blog, we will discuss everything you need to know about the DIR-3 KYC form for LLP partners.

What is DIR-3 KYC?

DIR-3 KYC is a process for verifying and updating the details of individuals who are designated partners of Limited Liability Partnerships (LLPs) in India. The Ministry of Corporate Affairs (MCA) introduced the DIR-3 KYC form to comply with the provisions of the Companies Act, 2013 and the LLP Act, 2008. Under this process, designated partners of LLPs are required to file a DIR-3 KYC form with the MCA every year. The purpose of this form is to verify and update their personal and professional information, including their name, date of birth, permanent address, email address, PAN number, and passport details, if applicable.

The filing of the DIR-3 KYC form is mandatory for all designated partners of LLPs, including those who have resigned or been disqualified from their position. Failure to file the form can result in penalties and other legal consequences. Therefore, it is important for LLP partners to ensure that they comply with the annual filing requirements of the DIR-3 KYC form.

Important Aspects of Filing DIR-3 KYC Form

• The deadline for filing the DIR-3 KYC form is 30th September of every financial year.
• Any DIN holder who has already submitted eForm DIR-3 KYC in any of the previous financial years and who does not require an update in any of his KYC details as submitted, may perform his annual KYC by accessing DIR-3 KYC web service.
• The designated partners of the LLP must ensure that their mobile number and email ID are updated in the MCA21 portal to receive the OTP for verification.
• The LLP must file its annual returns before filing the DIR-3 KYC form.

Documents Required for Filing DIR-3 KYC Form

There are some documents required for filing DIR-3 KYC Form that are listed below-:

• Proof of permanent address such as passport, voter ID card, ration card, driving license, electricity bill, telephone bill, or Aadhar card.
• PAN card.
• Aadhar card or passport or voter ID card for address proof.
• Latest passport size photograph.
• Personal mobile number and email ID of the designated partner for OTP verification.

Step-by-Step Guide to Filing DIR-3 KYC Form

Step 1: Login to MCA21 portal using your username and password. Click on the “MCA Services” tab and select the “DIR-3-KYC-WEB” link to access the form.

Step 2: Enter your DIN and your existing mobile number and email ID will get prefilled.

Step 3: Fill in the required details such as your name, father’s name, date of birth, PAN, Aadhar number, and passport number (if applicable).

Step 4: Upload the necessary documents such as proof of permanent address, PAN card, Aadhar card, and passport size photograph.

Step 5: Submit the form and pay the applicable fees.

Conclusion

Filing the DIR-3 KYC form is mandatory for all LLP partners. The form must be filed annually before the deadline of 30th September. The designated partners must ensure that their personal details are updated in the MCA21 portal to receive the OTP for verification. A Limited Liability Partnership must file its annual returns before filing the DIR-3 KYC form. The required documents for filing the form include proof of permanent address, PAN card, Aadhar card or passport or voter ID card for address proof, latest passport size photograph, and personal mobile number and email ID of the designated partner for OTP verification.