The deadline of 30 November 2022 is fast approaching, it is important that you apply for your Director ID as soon as possible if you haven’t already done so.
The director ID is a 15-digit unique identifier a director applies for once only and keeps forever, like a Tax File Number. It confirms a director’s identity and (once the functionality is available) will show which companies they’re linked to. The director ID will help prevent the use of false or fraudulent director identities.
All directors must apply for your Director ID yourself as you will need to provide proof of your identity.
There are three ways you can apply:
Ø Online – via myGovID
Ø By Phone
Ø By paper
You will need a myGovID with a standard or strong identity strength to apply for a Director ID online. You can set up your myGovID here. When setting this up please make sure to include your middle name to help with data matching. It is also a good idea to ensure that the residential address on your proof of identity documents is the same as the address that is held by the ATO.
PLEASE NOTE: myGovID is different from myGov account.
You will need to gather some information that can be compared to information held by the ATO in order to verify your identity when you apply for your director ID. This includes:
· Tax file number
· Residential address as held by the ATO
· Need to provide information from two documents to verify your identity.
Examples of the documents you can use include:
- Bank account details (must be the same as what the ATO has on record)
- An ATO notice of assessment
- Super account details (must match the ATO records)
- A dividend statement
- Centrelink payment summary
- PAYG payment summary
If you require our assistance in finding this documentation, please contact your local Boyce team member.
Once you have your myGovID and two documents from the above list to verify your identity, you are now ready to apply for your Director ID online. You can get started online here.
Once you receive your Director ID you will need to pass onto the company secretary and Boyce team member or your ASIC agent.
To apply by phone you will need your Australian tax file number (TFN) and the information to verify your identity (see the list above).
If you are unable to apply online or by phone, you can apply by clicking on the following link for a paper form at Application for a director identification number. Please note this is a slower process and you will need to provide certified copies of your documents to verify your identity.
ASIC is responsible for enforcing director ID offences set out in the Corporations Act 2001. It is a criminal offence if you do not apply on time.
More information about the director identification number can be found on the ABRS website here.
Please contact your local Boyce office if you require further assistance.