New Director Identification Requirements

The Australian Securities and
Investment Commission (ASIC) has introduced new identification requirements for
directors. A director identification number (director ID) is a unique
identifier you will keep forever. It will help to prevent the use of false or
fraudulent director identities. Effective 1 November 2021, company directors
will need to verify their identity and will be issued a director ID.
Who needs to apply:

You need a director ID if you’re an eligible
officer of:

  • a company, a registered Australian body or a registered
    foreign company under the Corporations Act 2001 (Corporations Act)
  • an Aboriginal and Torres Strait Islander corporation
    registered under the Corporations (Aboriginal and Torres Strait Islander)
    Act 2006 (CATSI Act). An eligible officer is a person who is appointed as:
  • a director
  • an alternate director who is acting in that capacity.

When you need to apply:

Corporations Act Directors

Date you become a director

Date you must apply

On or before 31 October 2021

By 30 November 2022

Between 1 Nov 2021 and 4 April 2022

Within 28 days of appointment

From 5 April 2022

Before appointment


CATSI Act Directors

Date you become a director

Date you must apply

On or before 31 October 2022

By 30 November 2023

From 1 Nov 2022

Before appointment

Important information:

  • you must apply for your own director ID, we cannot do
    this on your behalf, but we can assist you
  • you can complete an online or paper application
  • to apply, you must firstly verify your identity
  • the application process is administered by the
    Australian Business Registry Services (ABRS)
  • compliance with these requirements is managed by ASIC
  • if you do not meet requirements, you may be issued with
    an infringement notice, and there may be civil or criminal penalties.
  • Go to https://www.abrs.gov.au/director-identification-number for
    detailed information on completing your registration

Please contact our office if you have any
questions, or require assistance navigating this process.

“Liability limited by a scheme approved under Professional Standards Legislation.” This advice may not be suitable to you because it contains general advice that has not been tailored to your personal circumstances. Please seek personal financial advice prior to acting on this information.