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Director ID Applications open November 2021 – Are you ready?

Further to our updates regarding the Director Identification Numbers, current Australian directors will now have one year to apply for their unique director identification number. Non-compliance can see $1.1 million in fines.

The Australian Tax Office has just launched its Australian Business Registry Services website, enabling directors to now apply for their ID when applications open next month

If you are planning on becoming a director, you can apply before you’re appointed.

When you must apply for your director ID depends on the date you become a director. Please see the below table to assist with application timeframes.

Date you become a directorDate you must apply
On or before 31 October 2021By 30 November 2022
Between 1 November 2021 and 4 April 2022Within 28 days of appointment
From 5 April 2022Before appointment

 How to apply for your director ID

If you need further information please visit here

For more information on the Corporations Act, visit the ASIC website