How to Upgrade User ID on MCA V-3?

The Ministry of Corporate Affairs (MCA) has introduced Version 3 of its portal, which comes with several new features and enhancements. One of the significant changes in the new portal is the requirement for all users to upgrade their User IDs to access the services available on the portal. In this article, we will guide you through the process of upgrading your User ID on MCA V-3.

What is the MCA V3 Portal?

The MCA V3 portal is an online platform managed by the Ministry of Corporate Affairs of India that provides a range of services such as registration, return filing, maintenance of master data and signed entity data, and many more.

The portal is designed to simplify corporate compliance and administration processes and make it easier for companies to submit various forms and documents to government authorities. Digital signature certificates (DSC) are integrated within the MCA V3 portal and are used to authenticate electronic documents and ensure their security and integrity. 

Usage of MCA V3 Portal

The system is accessible through the MCA website and offers various services such as company registration, filing of annual returns, and viewing of company master data.

• Filing of Forms and Returns: Through the MCA V3 portal, companies can file various forms and returns with the Registrar of Companies, including annual returns, financial statements, and other compliance-related documents.
• Registration of Charges: Companies can use the MCA V3 portal to register charges on their assets, such as loans or mortgages.
• Compliance Monitoring: The portal enables the government to monitor and enforce compliance with corporate laws and regulations, including tracking filings and other compliance-related activities.
• Public access to Company Information: The MCA V3 portal provides public access to certain company information, including company master data, filings, and other compliance-related documents.
• Digital Signature Certificate (DSC) Enrollment: The portal integrates with DSCs, which are required for all electronic submissions on the platform. This indicates the security of the documents and the integrity of the procedure.

Advantages of MCA V3 Portal

The following are the advantages of MCA V-3 Portal:

• Improved Efficiency: The MCA V-3 system has significantly improved the efficiency of the Ministry of Corporate Affairs. It has reduced the time taken for company registration and annual filings and has made the process more streamlined.
• Transparency: The MCA V-3 system has improved transparency in the corporate sector by making company master data accessible to stakeholders. This has increased the accountability of companies and has made it easier for stakeholders to make informed decisions.
• User-Friendly: The MCA V-3 system is user-friendly and has been designed to be accessible to stakeholders with little or no technical knowledge. The system is easy to navigate, and the forms are self-explanatory, reducing the likelihood of errors.

Also, some of the miscellaneous advantages are as follows:

• In the MCA V2 portal, forms are required to be filled out and uploaded to the portal, while in the MCA V3 portal, the forms are filled out online. This MCA V3 portal upgrade provides user convenience, including the ability to save a half-filled form and save it later.
• Further, the MCA V3 portal has a personalised “My Application” feature that allows one to view all the forms they have submitted so far along with the status of the forms like “Pending DSC Upload,” “Processing, “Pay Fees,” “Resubmit etc., unlike the portal V2 that provides only “My Workspace,” which has a list of announcements from MCA and circulars issued by them.
• Also, when a user logs into the MCA V3 portal, the login is through an email ID, whereas in V2 it was possible using a user ID.
• When a business user logs into the MCA system, a one-time password will be sent to their mobile and email addresses to ensure authenticity.

What is a User ID and why it is advisable to upgrade User ID?

A User ID is a unique identifier that is created when a user registers on the MCA V-3 portal. This ID is used to access various services provided by the MCA V-3 system. The User ID is typically created with basic details such as email ID, mobile number, and PAN number. The User ID is used to log in to the MCA V-3 portal and access various services. However, in some cases, users may need to upgrade their User ID to access additional services.

Upgrading a User ID is necessary if a user wants to access additional services provided by the MCA V-3 portal. An upgraded User ID provides access to additional features and services such as the ability to file e-forms, make payments, and track the status of transactions. An upgraded User ID also provides a higher level of security and ensures that users can access services without any hindrance.

Documents Required for User ID Upgrade on MCA V-3 Portal

To upgrade the user ID on the MCA portal, the following documents are required:

• Identity proof of the authorized signatory, such as Aadhaar card, PAN card, or passport.
• Address proof of the authorized signatory, such as Aadhaar card, driving license, or passport.
• Email address and mobile number of the authorized signatory.

How to Upgrade User ID on MCA V-3?

By following the process mentioned below, one can upgrade User ID on MCA V-3:

• Step 1: Visit the MCA Website and Log In: To begin with, you need to visit the MCA Website and log in using your existing User ID and password.

• Step 2: Click on ‘MCA Services’ tab: After logging in, click on the ‘MCA Services’ tab on the homepage.

• Step 3: Select ‘Company Forms Download’ option: From the dropdown list under the ‘MCA Services’ tab, select the ‘Company Forms Download’ option.

• Step 4: Click on ‘Register’ button: On the next page, click on the ‘Register’ button.

• Step 5: Enter your DIN or PAN: Enter your Director Identification Number (DIN) or Permanent Account Number (PAN) in the given field and click on the ‘Verify’ button.

• Step 6: Fill in your personal details: Once your DIN or PAN is verified, fill in your personal details, such as your name, email ID, and mobile number.

• Step 7: Select authentication type: Choose an authentication type from the options provided – Aadhaar or DSC (Digital Signature Certificate).

• Step 8: Authenticate using Aadhaar: If you choose the Aadhaar authentication option, enter your Aadhaar number, and click on the ‘Generate OTP’ button. Enter the OTP received on your registered mobile number and click on the ‘Submit’ button.

• Step 9: Authenticate using DSC: If you choose the DSC authentication option, select the certificate file and enter the password. Click on the ‘Sign’ button to authenticate.

• Step 10: Verify your email ID and mobile number: After authentication, verify your email ID and mobile number by entering the OTPs received on them.

• Step 11: Create a new User ID and password: Once your details are verified, create a new User ID and password, and click on the ‘Submit’ button.
• Step 12: Log in using your new User ID and password: After submitting your new User ID and password, log out of your existing session and log in again using your new credentials.

Conclusion

Upgrading user ID on MCA V-3 is a simple process that can be completed in a few easy steps. It is mandatory for all existing users of the MCA portal to upgrade their user ID. With the upgraded user ID, users can access all the services offered by the MCA portal. Therefore, it is recommended that users upgrade their user ID on the MCA portal as soon as possible to avoid any inconvenience in the future.