Bluebird News

In 2021 the Australian Government released new legislation regarding Australian companies, which requires all directors to register and receive a Director Identification Number (DIN). From April 2022, all new company establishments will require all directors to have DIN prior to registration.

What is a DIN?

This is a number that identifies you as a director and will provide identity protection and prevent the use of fictitious director identities. Additionally, it will assist regulators in tracing director’s relationships with companies and to better identify unlawful activity, which acts in the best interest of the community and ensures director duties are upheld.

The director ID number is a 15-digit identifier that belongs to the director personally, it only needs to be applied for once and will be kept forever.

The director will use same ID for every company the individual hold a directorship with. Therefore, you do not need to apply for a new ID for every company you are a director it. You will use the same number each time.

Who needs a DIN?

All company directors will require a DIN, which includes directors of corporate trustees for SMSF’s or trusts.

You will also need a DIN if you are acting in the capacity of a alternate director, even if it is a temporary appointment.

When do I need to register my DIN?

For existing directors the sooner you register the sooner you can be on top of your director administration and take a breath. If you like living on the edge for most directors your final date to be registered is the 30^th of November 2022  (Our office will send regular reminders to you until we receive it).

• Directors appointed on or before 31^st October 2021 must apply before 30 November 2022
• Directors appointed between 1^st November 2021 and 4^th of April 2022 will have 28 days from your appointment of director
• Directors wishing to be appointed from 5^th April 2022 onward will required the DIN prior to appointment

Note: all directors should apply before the deadline. It is important that you comply with the new requirements and provide accurate information as failure to comply or provide misleading information may result in civil and criminal penalties.

What do I need to register?

You will require a MyGov ID this is different to MyGov Account. The MyGov ID will belong to you forever once it is registered. To register the MyGov ID you will need a mobile device, email address, and standard strength (or greater) identification documents which could be any two of the following:

• - Drivers licence
• - Passport
• - Birth certificate
• - Visa
• - Citizenship certificate
• - immiCard
• - Medicare card

To complete the Director ID registration you will need information that only the ATO will know about you, for example, TFN, address, Reference from NOA, super account details or bank account details. 

Can someone else apply for me?

No. The DIN is a personal identification number similar to that of a Tax File Number for Directors only. For privacy reasons and personal protections the number must only be applied for by the individual themselves. Bluebird Accounting has created a step by step registration process to make the process seamless and our team is able to guide you through the process should you need further assistance.

If you need to do a paper application (not recommended) contact our office to find out how to download and send off your paperwork.

You can find more about Directors ID on the ABRS website. 

Let's get you registered, follow the link to get started YOUR GUIDE TO REGISTERING