MCA Eases Director KYC: Annual Filing Replaced by 3-Year Cycle

• MCA has relaxed KYC norms for company directors, replacing annual filing with a 3-year cycle under the Companies Act, 2013.
• The change, effective March 31, 2026, follows recommendations from a High Level Committee and stakeholder suggestions.
• A revised KYC form allows for compliance, updating contact details, and Document Identification Number (DIN) reactivation.
• Digital signature and professional certification are only mandatory for updating mobile, email, or residential addresses.
• Directors who completed KYC will have their next filing due by June 30, 2028, significantly easing compliance.

Why It Matters: Directors now file KYC every three years, not annually, simplifying compliance significantly.