The final countdown is on to apply for your Director ID by the 30 November 2022.
Directors of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation are required to apply for a Director Identification Number (Director ID) by the 30 November 2022. Failure to obtain a director ID may result in a hefty fine.
Directors need to apply for their director ID themselves, no one can do this on their behalf and it’s free to apply! To apply for your director ID, please visit the below link:
It is a requirement by law that all directors verify their identity with the Australian Business Registry Services before receiving a director ID.
It is important as it will help to:
• Prevent the use of false or fraudulent director identities
• Easier for external administrators & regulators to trace directors relationships with companies over time
• Identify & eliminate director involvement in unlawful activities
For more information, please see the below link.
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