Calling all Directors!
If you are a Director of a company you will need apply for a 'Director ID' - This applies to all Current and new Directors.
What is the purpose of DINs?
DINs are intended to prevent the use of false and fraudulent director identities, and make it easier for external administrators and regulators to trace directors’ relationships with companies over time.
What is a DIN?
A DIN is a unique 15-digit identifier given to a director who has verified their identity with the ABRS.
If you are a director, here are some things to note:
You need to apply for your own DIN;
It is free to apply and you will only need to apply once;
You will have your DIN for life, even if you change companies, stop being a director or move countries.
When and how to apply
You will be able to apply for a DIN from November 2021 on the new ABRS website. The easiest way to apply for a DIN is to do so electronically using the myGovID app (this is different to the myGov app), but telephone and paper alternatives will also be available.
When you must apply for a DIN depends on the date you become (or became) a director.
Corporations Act directors
Date you became a Director
Date you must Apply
On or before 31 October 2021
By 30 November 2022
Between 1 November 2021 and 4 April 2022
Within 28 days of appointment
From 5 April 2022
Tip! Although your tax adviser cannot apply for a DIN on your behalf, they can guide you through the process.
If you need assistance contact Steven Sherrah Mobile Accountant 0419854982
Please note that this information is Factual in nature and not General or Personal advice relevant to your specific circumstances and should not be relied upon without Professional Advice.
"Liability limited by a scheme approved under Professional Standards Legislation”