Director IDs now needed for all Directors

The Government has introduced changes requiring all Directors to apply for a Director ID (previously referred to as a ‘Director Identification Number’ or ‘DIN’).

A Director ID is a unique identifier, issued to Directors that have verified their identity with the Australian Business Registry Services. It applies to all Directors of a Company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation.

Directors will need to apply for their own Director ID from November 2021 and will keep this ID for life, across all Director positions. There is a deadline on when Directors must make their application, and this is driven by the date they become a Director:

  • For those appointed on or before 31 October 2021, the deadline is 30 November 2022
  • For those appointed between 1 November 2021 and 4 April 2022, the Director ID must be applied for within 28 days of appointment
  • For those appointed from 5 April 2022, the application must be made before appointment

Check out the ABRS website for more details.

2021-11-02T02:37:35+00:00 September 2nd, 2021|NFP sector, Technology|