MCA Revises KYC Norms & Simplifies Compliance For Directors

The Ministry of Corporate Affairs (MCA) has relaxed KYC norms for Directors of private companies, reducing the filing frequency from once every year to once every three years. Directors are now required to update any changes in personal details, such as phone number, email, or residential address, within 30 days of the change.

According to the MCA notification dated December 31, 2025, “Every individual who holds a Director Identification Number (DIN) as on 31st March of the financial year shall file KYC intimation in Form No. DIR-3 KYC Web to the Central Government on or before 30th June of the immediately following every third consecutive financial year.” The move follows recommendations from the High-Level Committee on Non-Financial Regulatory Reforms. In addition, the MCA has eased procedures for closing government companies, allowing indemnity bonds to be submitted by authorised representatives instead of individual Directors. These changes are part of broader efforts to simplify business compliance in India.