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28 Mar 2023

Missed the deadline for Director ID?

A director identification number (director ID) application deadline may have passed you by.

In that case, you may still apply!

According to the ATO

It will deal with directors who are attempting to do the right thing in a reasonable manner.
A director ID is a one-time-use,
The director IDs are administered by the Australian Business Registry Services (ABRS), which is managed by the ATO.

Who is qualified?

You require a director ID if you are an eligible officer of: a corporation, an Aboriginal and Torres Strait Islander corporation registered under the Corporations.

An “eligible officer” is someone who has been appointed as a director or an alternate director who is operating in that capacity.

A director ID is also required if you are a director of corporate trustee, for instance, of an SMSF charity, not-for-profit organization that is a company, or Aboriginal and Torres Strait Islander corporation registered body in Australia

Who does not qualify?

If you serve as a company secretary but are not a director, act as an external administrator of a company, operate your business as a sole proprietor or partnership, or are a director of an incorporated association (without an ABRN) registered with the Australian Charities and Not-for-profits Commission (ACNC), a director ID is not necessary.

In conclusion, it’s very possible that you are a director if you run a small business, are a corporate trustee of an SMSF, run a not-for-profit organisation, or even lead a sizable sporting club. As a result, you must apply for your director ID.

How can you apply?

Online through the ABRS website,  is the quickest and most convenient way to apply for a director ID.