Important News For Company Directors
As per the new ASIC and ATO requirements from November 2021, all newly appointed company directors are required to apply for a Directors ID through the new ABRS website.
Existing company directors have until the 30 November 2022 to apply, however newly appointed directors have 28 days from appointment up until the 4 April 2022.
All newly appointed company directors will need to provide their director ID’s from the 5 April 2022 prior to their appointment.The below table is the timeframe of when you will be required to apply for your ID:
Date you become 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
Your Director ID is 15 characters in length and you will be required to have one in order to be a director in your company. This number will be applied for once and you will keep it forever, so please ensure you keep it safe just like your personal TFN.
If you do not apply for your Directors ID within the above timeframe, the ABRS will be issuing fines to those directors.
YOU must apply for your ID yourself; we cannot do this on your behalf. We are however here to help you through the process.
After you have completed the application and you receive your unique Director’s ID, please forward to us at firstname.lastname@example.org so we can link to your company register on our file.
Steps to take to apply for your Director’s ID
1. Setup your myGovID (app)
This is separate to your myGov personal account, myGovID is a secure app that allows you to easily identify yourself online. If you require help setting up your myGovID app please go to https://www.mygovid.gov.au/set-up
2. Have your documents ready;
- your personal Tax File Number (TFN),
- your Residential address held by the Tax Office (if you do not know this, please call our office)
- information from two documents to verify your identity from example list below;
Examples of the documents you can use to verify your identity include:
- bank account details
- an ATO notice of assessment
- super account details
- a dividend statement
- a Centrelink payment summary
- PAYG payment summary.
3. Access the website below to apply for your Director ID
You will be taken online to the myGovID to sign in (this is what you have setup in step 1) once you signed in, you will then be taken through the steps to apply. If you require any help through this stage, please contact our office.
How to apply if you cannot get a myGovID
If you can’t get a myGovID with a Standard or Strong identity strength, the best way to apply for a director ID will depend on your situation.
Apply by phone
You can apply by phone if you have:
- an Australian tax file number (TFN)
- the information you need to verify your identity.
Apply with a paper form
If you can’t apply online or over the phone, you can apply using a downloadable form – Application for a director identification number. This is a slower process and you will also need to provide certified copies of your documents to verify your identity.
Need more help or information?
Click the link below to contact us at Plus 1.