Are you in dilemma whether you can apply for a DIN before forming your company? Then this article will answer your question on, “How to apply for DIN (Director Identification Number)?”, DIN or Director’s Identification Number, is required for all directors. It functions similarly to a director’s identity proof. DIN is assigned through a simple procedure that involves filling out forms and submitting them along with the necessary documents and fees to the MCA Portal..”
Before we get into the process of applying for a DIN before company incorporation, let’s first define “What is a Director Identification Number (DIN) is?”
With the addition of Sections 266A to 266G of the Companies (Amendment) Act, 2006, the concept of a Director Identification number(DIN) was introduced. As a result, all current and prospective Directors must obtain DIN within the time-frame specified.
Condition: Only three DIN (Director Identification Numbers) can be applied for with the incorporation form.
Condition: Such company must pass a board resolution for such individual’s DIN application, which must be attached in e-form DIR-3.
The above forms must be submitted electronically in order to apply for a DIN. It must be digitally signed before being uploaded to the MCA portal.
The answer to the question of whether an individual can apply for a DIN before forming a company is No. Prior to the SPICe+ form, one could apply for a DIN through the SPICe form. However, with the introduction of SPICe+ in 2021, there will be no need to apply for PAN DIN, TAN, and so on separately, as all of these can only be applied for at the time of company incorporation through SPICe+.
