We just wanted to remind everyone that director ID’s are required if you are a director of a company.
We previously outlined the process in a blog post.
If you have previously applied for the director ID but not sent it through to us, please do so by emailing [email protected]
For the full details please see the ABRS website here
Who Needs A Director ID?
You need a director ID if you’re an eligible officer of:
- a company, registered Australian body, or 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 either:
- a director
- an alternate director who is acting in that capacity.
You will only ever need one director ID. You don’t have to apply for another one if you become a director of other companies or corporations.
You must apply for your own director ID to verify your identity. No one can apply on your behalf.
You need a director ID if you’re a director of either a:
- company
- Aboriginal and Torres Strait Islander corporation
- corporate trustee, for example, of a self-managed super fund
- charity or not-for-profit organisation that is a company or Aboriginal and Torres Strait Islander corporation
- registered Australian body, for example, an incorporated association that is registered with the Australian Securities and Investments Commission (ASIC) and trades outside the state or territory in which it is incorporated
- foreign company registered with ASIC and carrying on business in Australia (regardless of where you live).
When you need to apply:
Corporation Act Directors
| Date you first become a director | Date you must apply |
|---|---|
| On or before 31 October 2021 | By 30 November 2022 |
| Between 1 November 2021 and 4 April 2022 | Within 28 days of appointment |
| From 5 April 2022 | Before appointment |
To be a director under the Corporations Act, you must:
- be an individual who is at least 18 years old
- not be disqualified from managing corporations, unless the appointment is made with the permission of ASIC or the Court.
CATSI Act directors
When you must apply for your director ID depends on the date you become a director.
| Date you become a director | Date you must apply |
|---|---|
| On or before 31 October 2022 | By 30 November 2023 |
| From 1 November 2022 | Before appointment |
To be a director under the CATSI Act, you must:
- be an individual who is at least 18 years old
- be a member of the Aboriginal and Torres Strait Islander corporation and an Aboriginal and Torres Strait Islander person (unless the corporation’s constitution or rule book says otherwise)
- not be disqualified from managing an Aboriginal and Torres Strait Islander corporation, unless the appointment is made with the permission of the Registrar of Aboriginal and Torres Strait Islander Corporations or the Court.
Extensions
In some circumstances there are extensions available if you apply.
Using the following form:
We’re here to help
Although we like to assist with many processes for our clients, unfortunately this is not one that we can do for you, however if there are documents that you need from us, then please let us know by emailing [email protected]
Thankfully this is a one off process, and not something that you will need to do again once it’s done.