Director Identification Number (Director ID)

A director identification number (director ID) is a unique identifier you will keep forever. It will help to prevent the use of false or fraudulent director identities. https://www.flyonit.com.au/

Directors need to apply for their own director ID. It’s free to apply. https://expert-tax.com.au/

Directors will only ever have one director ID. They’ll keep it forever even if they:

• change companies
• stop being a director
• change their name
• move interstate or overseas.

Who needs to apply and when

If you want to become a director or are already one, you’ll need a director ID. When you need to apply depends on the date you become a director.

Who needs a director ID

You need a director ID if you’re an eligible officer of:

• a company, a registered Australian body or a registered foreign company under the Corporations Act 2001 (Corporations Act)
• an Aboriginal and Torres Strait Islander corporation registered under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (CATSI Act).

An eligible officer is a person who is appointed as:

• a director
• an alternate director who is acting in that capacity.

You must apply for your own director ID to verify your identity. No one can apply on your behalf.

When you need to apply

You can apply for a director ID now.

If you’re planning on becoming a director, you can apply before you’re appointed.

When you must apply for your director ID depends on the date you become a director.

To be a director under the Corporations Act, you must:

• be an individual who is at least 18 years old
• not be disqualified from managing corporations, unless the appointment is made with the permission of ASIC or the Court.

NOTE – If you use an authorised tax, BAS or ASIC agent they can help you decide if you need to apply. However, they can’t apply for a director ID on your behalf.