What You Need to Know
Directors are required by law to apply for a director ID. If a person wants to become or is a director of a company registered with ASIC or the Office of the Registrar of Indigenous Corporations (ORIC), they are required by law to apply for a director ID.
Australian Business Registry Services (ABRS) has published a new director ID demonstration video, to take directors through the steps needed to apply for their director ID online
For more information about director ID, including what it is, who needs one, and how and when to apply, visit abrs.gov.au/directorID.
What you’ll need
You must apply for your own director ID so you can verify your identity. No one can apply on your behalf.
Online application
The fastest way to receive your director ID is to apply online.
To complete your online application, you need the following information to verify your identity:
- a myGovID with either a Standard or Strong identity strength – if you don’t have one, visit How to set up myGovID
- an individual Australian tax file number (TFN) – providing your TFN is optional but it speeds up the process
- your residential address, as recorded by the Australian Taxation Office (ATO)
- answers to 2 questions based on details the Australian Taxation Office (ATO) know about you from documents.
Directors appointed on or before 31 October 2021, have until 30 November 2022 to apply, we are strongly encouraging all directors to apply online now and beat the rush.
New directors must apply prior to their appointment.
Background and more information
ABRS is responsible for delivering the director ID service and is part of the Australian Taxation Office (ATO).
ASIC is responsible for enforcing related offences. It’s a criminal offence if directors do not apply on time and penalties may apply.
Need more Information?
We’re here to help. Get in touch with The A Firm now to find out more.