Date posted: 29/04/2022

What you need to know about director ID

Are you an Australian director? Do you have your director ID? Applications are now open.

In brief

  • More than 70,000 director IDs issued in the November 2021 opening month
  • 96 percent of director ID applications have been digital
  • When applying online, directors are encouraged to have their myGovID identity verified and ready

Watch the ATO's overview of director ID

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What is director ID?

A director identification number (director ID) is a director’s unique identifier, which will be allocated to a director for life. The director ID aims to help prevent the use of fictitious director identities, help regulators trace directors’ relationships with companies over time and better identify director involvement in unlawful activity such as illegal phoenix activity.

Who needs a director ID?

If you are currently a director, or you want to become one, you’ll need a director ID. This includes anyone who is a director of a company or other body corporate registered under the Corporations Act or the Corporations (Aboriginal and Torres Strait Islander) Act (CATSI Act).

For full list of who needs to apply, visit the Australian Business Registry Services (ABRS) dedicated webpage.

How do directors apply?

Directors are now able to apply for their director ID using the ABRS website.
 
Prior to applying for a director ID, directors are encouraged to:
  • Set up a myGovID (if they don't already have one and are applying digitally), and 
  • Ensure they have the required identifying documents. 

Applicants will need:

  • a standard or strong identity strength 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 two questions based on details we know about you from the following documents.
  • Bank account – notice of assessment – super account – dividend statement – centrelink statement – PAYG summary.

To assist the director ID application process, the ABRS website now includes important information on:

An accountant cannot apply for an ID on behalf of a director (although there will no doubt be some clients needing assistance with the task). Those without a myGovID will still be able to apply by phone or written application. 

The importance of safeguarding confidential personal information used in the application process, and cyber security awareness, cannot be over-emphasised.

Once an applicant receives a director ID, it can be shared with company officials (e.g. the company secretary, another director), a contact person or an authorised agent of the company. There are also important, on-going obligations in managing the director ID and updating the ABRS.

When to apply: transitional application periods

The table below summarises the dates by which new and existing directors will need to apply for a director ID. 

Appointment date  Date by which director ID must be held (Corporations Act)
Existing directors 30 November 2022
New directors appointed between legislation commencement date and 31 October 2021 30 November 2022 
New directors appointed between 1 November 2021 and April 2022 Within 28 days of appointment
New directors appointed on or after April 2022  Director ID required before appointment             
CATSI directors appointed between legislation commencement date and 31 October 2022 30 November 2023 
Existing CATSI directors  30 November 2023 

I have a director ID, what next? 

Keep your director ID safe. A director ID can be shared with your accountant, company secretary, ASIC registered agent or tax professional. When the ASIC companies register is transitioned to the ABRS in the future, director IDs will be linked to companies of the director. 

Keep up to date with any changes that affect director ID holders through the ABRS website.

Data standard and disclosure framework

The Corporations Director Identification Number Data Standard 2021 (data standard) and the Corporations (Director Identification Number) Disclosure Framework (PGPA Bodies, Courts and Tribunals) 2021 (disclosure framework) supports the initial private beta testing phase of the MBR program.

Read more

Legislative Instruments

Corporations Director Identification Number Data Standard 2021.

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Visit the Australian Business Registry Services (ABRS) website

A new registry service that will progressively help businesses, communities and governments register, view and maintain their information.

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Set up and register for myGovID 

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