Apply for your director’s ID before it’s too late!

Apply for your director’s ID before it’s too late!

Director of companies in Australia have until the 30th of November to apply for their director’s ID number.

Failure to obtain a director ID before the cut-off day is an offence under the Corporations Act 2001 and can result in heavy penalties of up to $13,200 criminally or $1,100,000 civilly. In the case of intending directors, you must apply before you are appointed to your new position.

The fastest and most effective way to apply is online:

Before applying for a Director’s ID, set up your myGovID with at least standard identity strength. If you have not, download the application from either the Google Play Store or the Apple App Store. To achieve at least standard identity strength, have ready two forms of identification documents i.e. medicare card, driver’s licence and/or birth certificate. Follow the on-screen prompts until the process is complete.

Using your myGovID, login into the ABRS website. To be a successful applicant, you will need to supply either a tax file number or your residential address as held by the ATO. If your myGovID is at standard identity level, you will need to hand over both your tax file number and your residential address plus two documents to verify your identity. Examples of documents can be a dividend statement, an ATO statement and/or PAYG payment summary.

After completing your application, your director’s ID will be sent to your postal address within 56 days.

Get in touch if you have got any questions.

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