Director id Requirements – New ID Requirement for directors
Director id Requirements
Director id Requirements – New ID Requirement for directors; In Australia, to obtain a Director Identification Number (DIN), individuals must meet certain requirements. The DIN is a unique identifier assigned to directors of Australian companies or registered bodies.
Here are the requirements to obtain a DIN:
- Personal Information: Applicants must provide their full name, date of birth, residential address, and contact details, including phone number and email address.
- Proof of Identity: Applicants must provide documentation to prove their identity, such as a passport or driver’s license.
- Directorship History: Applicants must provide details of their current and past directorship positions, including the company name, Australian Business Number (ABN), and the dates of their appointment and resignation.
- Compliance History: Applicants must disclose if they have been disqualified from managing corporations or if they have been involved in any breaches of corporate law.
- Consent to Verification: Applicants must consent to the verification of their personal information and directorship history with other government agencies.
- Application Fee: Applicants must pay a fee when submitting their application.
New ID requirement for directors
- Company directors need to verify their identity as part of a new director identification number (director ID) requirement
- A director ID is a unique identifier that a director will apply for once and keep forever – which will help prevent the use of false or fraudulent director identities.
- When you must apply depends on when you were appointed as a director.
All directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation will need a director ID.
Corporations Act directors
When you must apply depends on when you were appointed as a director:
- Existing directors have until 30 November 2022 to apply.
- Directors appointed between 1 November 2021 and 4 April 2022 must apply within 28 days of their appointment.
- From 5 April 2022, intending directors must apply before being appointed.
