All company directors – including those linked to Self-Managed Super Funds – must now obtain Director Identification Numbers under a new requirement from the Australian Business Registry Services (ABRS).
Directors who were appointed before 31 October 2021 have one year to apply to the ABRS for their Director Identification Number – also known as a Director ID or DIN, while directors appointed after 1 November 2021 must apply within 28 days of their appointment.
The Director ID is a unique 15-digit number that verifies the identity of an individual company director. The number stays with a director for life, even if they stop being a director, change companies, change their name or move interstate or overseas. Directors receive a single ID number, even if they are a director of multiple companies.
The new mandatory requirement aims to combat fraud by preventing the use of false director identities, stopping unlawful activity such as phoenixing and making it easier to trace directors’ relationships with companies over time.
Who needs a Director ID?
You need a Director ID if you’re a director (or alternate director) of a:
When to apply for a Director ID
How to apply for a Director ID
Go to the ABRS website.
Applying for a Director ID is free.
Directors must apply personally, as they need to verify their identity. No other person can apply on a director’s behalf.
You can apply online, over the phone or using a paper form.
The fastest way to receive your Director ID is online, following a three-step process that begins with setting up your mygovID using the app (not the same as your mygov account).
Read more about how to apply on the ABRS website.
The material on this website has been prepared for general information purposes only and not as specific advice to any particular person. Any advice contained on this website is General Advice and does not take into account any person's particular investment objectives, financial situation and particular needs. Before making an investment decision based on this advice you should consider, with or without the assistance of a securities adviser, whether it is appropriate to your particular investment needs, objectives and financial circumstances. In addition, the examples provided on this website are provided for illustrative purposes only. Although every effort has been made to verify the accuracy of the information contained on this website, Infocus, its officers, representatives, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy in, or omission from the information contained in this website or any loss or damage suffered by any person directly or indirectly through relying on this information.