Company directors – this one’s for you

New Legislation: Director Identification Numbers (DIN)

The Federal Government has introduced new legislation requiring all company directors to have a Director Identification Number (DIN) to address the issue of fake director registrations.

What is a DIN?

A DIN is a unique identifier assigned to a director, which will remain with them permanently, even if they cease to act as a director in the future.

When Do You Need to Apply?

The deadline for applying depends on when you were or will be appointed as a director:

  • Intending new directors: Must apply before being appointed.
  • Directors appointed on or before 31 October 2021: Have until 30 November 2022 to apply.
  • Directors appointed between 1 November 2021 and 4 April 2022: Had 28 days from their appointment to apply.

How to Apply

Step 1: Set Up a myGovID
You’ll need a myGovID with a Standard or Strong identity strength to apply.

  • myGovID is a digital identity app separate from your myGov account, allowing you to log in to government services securely.

Step 2: Apply for Your DIN
Go to: Director Identification Number - ABRS.

You’ll need the following information:

  • Tax file number (TFN).
  • Residential address registered with the ATO.
  • Details from two identification documents (e.g., bank statement, ATO notice, or super account details).

Alternative Methods:

  • By phone: Call 13 62 50 with your TFN and ID details.
  • Paper application: A slower option requiring certified copies of identification documents. Download the form at: ABRS - Paper Form.

Potential Penalties

Failing to apply for a DIN may result in financial penalties, so ensure compliance to avoid fines.

Need Assistance?

If you have questions about this legislation or require help with the process, contact the GLG Legal commercial team.

📞 Phone: (07) 3161 9555
📧 Email: info@glglegal.com.au

Commercial