This an important reminder that you need to have a Director ID issued to you by 30th November 2022
Time is running out for Australian company directors to apply for their director identification number (director ID), with 30 November less than a week away. A director ID is required for the director, or alternate director of:
- a Company, registered Australian body, or registered foreign company under the Corporations Act 2001
- A Director of a Corporate Trustee of an SMSF
If you already have a director’s ID, you are compliant and no further action is required other than informing us.
If you don’t, you risk a fine of up to $13,000 along with a criminal offence.
How do I Apply?
1. To avoid the last-minute rush, please apply online now. To commence the process, click the link below:
Apply for your director ID | Australian Business Registry Services (ABRS)
2. Here are some further resources if you get stuck:
https://www.abrs.gov.au/director-identification-number
3. Our clients found this 5 minute walkthrough video very helpful, watch first or watch along:
How to apply for a director ID (ato.gov.au)
What do I do when I have a Directors ID?
Once complete, let us know your details by sending a screenshot email to admin@lmsadvisory.com.au or calling us and we will save your Director’s ID on file.
Your Directors ID applies to all entities you represent in future. You only need to apply once.
I don’t have a smartphone, what can I do?
If you don’t want to use MyGovID, here is a link to a paper form or phone application.
Apply for director ID by phone | Office of the Registrar of Indigenous Corporations (oric.gov.au)
Here are 5 hot tips you to help you hit the deadline:
- Online is obviously the fastest option – but in case you come unstuck the ABRS does have a call-back service
- Update your myGovID app to the latest version
- First, get your myGovID security to “strong” – before you apply (this just means providing more ID docs & info for verification)
- Go to ABRS & login (we tried to apply directly and hit errors, but did fine via login first)
- If you still encounter errors – check your Chrome is up to date, clear cache & relaunch – try ABRS again (via login)
What should I do if still can’t get my Directors ID issued
If you have any trouble, please call the office on 9891 9333. There are alternate ways you can apply (like Phone or Paper-based applications). These take longer and require a JP Certification. You can even organise a time to come in and work through it together with an Admin team member if necessary.
Please share this notification with any directors in your corporate group or family members who are also corporate trustees of Self Managed Super Funds.
