SF Prep Notes

MCA replaces annual director KYC with a simpler filing once every three years

The Ministry of Corporate Affairs said on 1 January 2026 that the annual KYC filing for company directors under Rule 12A will be replaced by a simpler KYC intimation once every three years from 31 March 2026.

Summary

The Ministry of Corporate Affairs (MCA) said on 1 January 2026 that the annual KYC requirement for company directors under Rule 12A of the Companies (Appointment & Qualification of Directors) Rules, 2014 has been replaced with a simpler KYC intimation once every three years. The amendment was notified on 31 December 2025 and takes effect from 31 March 2026, following a recommendation of the High Level Committee on Non-Financial Regulatory Reforms. Directors who have already completed KYC will next be due by 30 June 2028, and the revised form can also be used to update mobile numbers and email addresses.

Key facts

Rule
Rule 12A, Companies (Appointment & Qualification of Directors) Rules, 2014
Change
Annual KYC → simpler KYC once every three years
Notified / effective
31 December 2025 / 31 March 2026
Recommended by
High Level Committee on Non-Financial Regulatory Reforms
Next due
30 June 2028 for directors already compliant

Practice MCQs 1 questions

Q1 Advanced

Under the amendment announced by the Ministry of Corporate Affairs in January 2026, how often will company directors now need to file KYC?

Show answer

Correct answer: D — Once every three years

PIB (MCA): the annual KYC filing requirement has been replaced with a simpler KYC intimation once in every three years.

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