As previously discussed in our article Director Identification Numbers – What Do You Need To Know?, all company directors must obtain a Director Identification Number (DIN). A DIN is a unique identifier allocated to all directors of companies and other Australian registered bodies.
If you were appointed as a director from any time from 1 November 2021, you must have already applied for your DIN.
For those directors who were appointed on or before 31 October 2021, you have until 30 November 2022 to apply for your DIN.
If you are a director under the Corporations (Aboriginal and Torres Strait Islander) Act 2006 (Cth), then the directors appointed on or before 31 October 2022 have until 30 November 2023 to apply for a DIN.
How to apply
No one can apply for a DIN on behalf of another as there are certain steps to verifying the director’s identity. The Australian Business Registry Service (ABRS) is responsible for administering the DIN regime and applications can be made online HERE for individuals who have a myGovID. Should you not have a myGovID, applications can be submitted by phone on 13 62 50 or by paper application.
ASIC is responsible for enforcing DIN offences set out in the Corporations Act 2001 and both civil and criminal penalties may apply.
How can Nevett Ford help?
Nevett Ford assists directors and shareholders with advice on their corporate rights and obligations including preparing agreements, resolving disputes or restructuring the company’s capital. For more information on directors’ duties and responsibilities (including DINs) or if you need advice or guidance as a shareholder, please contact our Corporate and Business Team on +613 9614 7111 or email at email@example.com.