Are you a company Director in Australia? If so, you’re required to have a director ID, it’s a unique identifier you’ll keep forever. Applying is easy, and the quickest way is to apply online via abrs.gov.au. You can also apply by phone or paper form, but you’ll need to provide certified copies of documentation to pass proof of identity requirements.

 

step 1 – apply

 

To apply online, start by setting up your myID app. You’ll need to have your ID documents handy to verify your identity, such as:

  • Drivers Licence
  • Medicare Card
  • Passport
  • Birth Certificate

 

step 2 – verify

 

The next step is to head to the ABRS Website and click ‘apply for your director ID’. During this process you’ll be asked for information to further verify your details with the ATO.

If you do have a myGov account linked to ATO online services, we suggest logging in so you can cross-check your details. The director ID online application process directly speaks to the ATO and the details entered MUST match current ATO details.

If you don’t have a myGov account with access to ATO online services, feel free to get in touch with us and confirm your current ATO details [we can check them for you if we are your tax agent].

 

once you’ve applied

 

Once your identity has been verified, you’ll receive your unique director ID. Please send it to us [or your tax agent], so we can update our records and link it to your company.

 

important reminders for our clients:

 

If you are a businessDEPOT Legal or Accounting client and we are the registered ASIC agent for your company, we are always here to help! But we cannot apply for your director ID on your behalf.

If you are a director of a company that we are the registered ASIC agent for, please send us your director ID as soon as you receive it! We will need this to link you to the company/ies you are a director of.

 

why this matters

 

Failing to apply for a director ID can lead to civil and criminal penalties, including fines and other consequences.

Penalties may apply if you:

  • Fail to apply within the prescribed timeframes.
  • Intentionally apply for more than one director ID.
  • Provide a false director ID or information.

For more details, check out the ASIC penalties page here.

 

we’re here to help

 

Whether you’re a client of businessDEPOT or not, we’re happy to guide you through the process. If you would like further information or help with obtaining your director ID, please give us a buzz on 1300 BDEPOT or reach out at oneplace@businessdepot.com.au.

 

General Advice Disclaimer

The information provided on this website is a brief overview and does not constitute advice, whether financial, accounting, taxation, legal or any other type of advice. We endeavour to ensure that the information provided is accurate however information may become outdated as legislation, policies, regulations and other considerations constantly change. Individuals must not rely on this information to make a financial, investment or legal decision. Please consult with an appropriate professional before making any decision.

 

want more from us?

If you liked this information and want to get more info on all things accounting related, you can subscribe to our mailing list below!