Director Identification Number

Essential for Corporate Governance with Easypaytax A Director Identification Number (DIN) as a unique identification number assigned to individuals who wish to become directors of companies in India. It is issued by the Ministry of Corporate Affairs (MCA) and is mandatory for anyone looking to hold a directorial position in a company. The DIN system was introduced to promote transparency and accountability in corporate governance by ensuring that directors can be easily identified and tracked. DIN helps prevent fraud and misconduct by allowing regulatory authorities and stakeholders to verify the credentials and track the activities of directors associated with registered companies. Easypaytax facilitates seamless DIN application

Director Identification Number

A Comprehensive Overview by Easypaytax A DIN is a unique Director Identification Number allotted by the Central Government to any person intending to be a director or an existing director of a company.

It is an 8-digit unique identification number which has a lifetime validity. Through DIN, details of the directors are meticulously maintained in a central database.

DIN is specific to a person, meaning even if an individual serves as a director in two or more companies, they are required to obtain only one DIN. Furthermore, if they leave one company and join another, the same DIN remains valid and functional for the new engagement. Easypaytax assists with all aspects of DIN management.

Where is DIN used?

Whenever a return, an application, or any information related to a company is submitted under any applicable law, the director signing such a return, application, or information is mandated to explicitly mention their DIN directly underneath their signature. This ensures clear accountability and traceability, a process Easypaytax simplifies for businesses.

How to apply for DIN and relevant forms?

  • SPICe Form: Applications for the allotment of DINs to proposed first Directors in respect of new company incorporations must exclusively be made through the SPICe form. Easypaytax expertly handles SPICe form submissions.
  • DIR-3 Form: Any person intending to become a director in an already existing company is required to apply in eForm DIR-3 for the allotment of DIN. Easypaytax provides full support for DIR-3 applications.
  • DIR-6 Form: Any changes or updates in the particulars of existing directors must be filed diligently using Form DIR-6. Easypaytax ensures accurate and timely DIR-6 submissions.

Reasons for Surrendering or cancelling the DIN?

The Central government may cancel DIN for the following specific reasons:

  • If a duplicate DIN has been inadvertently issued to the director.
  • If the DIN was obtained through fraudulent means or misrepresentation.
  • Upon the verified death of the concerned person.
  • If the person has been legally declared unsound mind by a competent court.
  • If the person has been legally adjudicated as insolvent. Easypaytax can provide guidance on the necessary procedures for surrendering or cancelling a DIN when applicable.
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Documents to be attached with the forms

Form DIR-3:

  • Attachments: A recent photograph, valid identity proof, a current residence proof, and a verification document (containing the applicant’s name, father’s name, present address, date of birth, text of declaration, and physical signature).
  • Documents to be attested by a CA, CS, or CMA: The photograph, identity proof, and residence proof must be duly attested by a Chartered Accountant, a Company Secretary, or a Cost Accountant, all of whom must be in whole-time practice.
  • Generation of DIN: Once the application fee is paid and the application is successfully submitted, the system will generate a unique application number. The Central Government will then process the application and render a decision regarding approval or rejection. Easypaytax ensures accurate preparation and submission for smooth DIN generation.

Form DIR-6

For changing any details mentioned in the DIR-3 form or SPICe with respect to Directors, Form DIR-6 must be submitted online. Along with the form, a duly attested supporting document substantiating the change is also required to be submitted. Easypaytax provides expert assistance for filing DIR-6 and managing related documentation.

For SPICe Form:

Attach valid Proof of Identity and Address Proof for the proposed directors. The Director Identification Number (DIN) would be allocated to an applicant only after the comprehensive approval of the SPICe form. Easypaytax streamlines the documentation for SPICe form submissions to ensure swift DIN allocation.

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