Members who are company directors need to apply for a Director Identification Number before the end of November.
The Australian Tax Office introduced DINs as a mandatory anti-fraud measure almost a year ago and more than 2.7 million Australians are expected to apply. There are stiff penalties for not registering.
From November 1, 2022, directors must have their new ID before their appointment. Those appointed as a director on or before October 31, 2021, must apply by November 30, 2022.
For any appointments made after April 5, 2022, directors must apply for the new Director ID before they are officially appointed.
You can apply for a Director ID by using your myGovID app to log in to Australian Business Registry Services online and verify your identity.