ASIC has recently introduced the requirement for all company directors to hold a director identification number (director ID).  From November 2021 directors will need to verify their identity as part of the new requirements.

What is a director ID number?
A director ID is a unique identifier given to a director who has verified their identity with the Australian
Business Registry Services (ABRS).

Do I need one?
If you are a director of an Australian corporation you will need a director ID. A ‘director’ includes an
alternate director who is acting in that capacity.

When do I need to apply?
This will depend on when you become a director. The transitional arrangements for existing and new directors are
set out below.

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How do I apply for a director ID?
You will need to set up a myGovID account which you will use to verify your identify at  https://www.mygovid.gov.au/set-up.

Once you’ve verified your identity, you need to apply for a director ID via the ABRS website from November 2021.

Setting your myGovID, verifying your identity and applying for your director ID must be done by you. We are unable to do this on your behalf.

Do I need to let Finkelstein Hickmott know my director ID?
If Finkelstein Hickmott Pty Ltd  is your Companies Registered Office, we will contact you in due course to obtain your director ID in order to update our records.  We will also store these to ensure we can support future director appointments.

We ask that you notify all of your companies directors of the new requirement and the need to apply for a director ID.