BLOG Director ID 1

You need a director identification number (Director ID) if you’re a director of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation.

A Director ID is a unique identifier that you keep forever. It helps to prevent the use of false or faudulent director identities

Directors need to apply for their own director ID. It’s free to apply.

Directors will only ever have one director ID. They’ll keep it forever even if they:

  • change companies
  • stop being a director
  • change their name
  • move interstate or overseas.

BLOG Director ID 2

Why you need a Director ID

Shareholders, employees, creditors, consumers, external administrators and regulators are entitled to know the names and certain details of the directors of a company.

All directors are required by law to verify their identity before receiving a director ID. This is important because it will help to prevent the use of false or fraudulent director identities, make it easier for external administrators and regulators to trace directors’ relationships with companies over time and identify and eliminate director involvement in unlawful activity, such as illegal phoenix activity.

Illegal phoenix activity is when a company is liquidated, wound up or abandoned to avoid paying its debts. A new company is then started to continue the same business activities without the debt.

The Australian Business Registry Services Website is where you can apply for your director ID and find out more information.

Published On: January 4th, 2024

Share This Story

BLOG Director ID 1

You need a director identification number (Director ID) if you’re a director of a company, registered Australian body, registered foreign company or Aboriginal and Torres Strait Islander corporation.

A Director ID is a unique identifier that you keep forever. It helps to prevent the use of false or faudulent director identities

Directors need to apply for their own director ID. It’s free to apply.

Directors will only ever have one director ID. They’ll keep it forever even if they:

  • change companies
  • stop being a director
  • change their name
  • move interstate or overseas.

BLOG Director ID 2

Why you need a Director ID

Shareholders, employees, creditors, consumers, external administrators and regulators are entitled to know the names and certain details of the directors of a company.

All directors are required by law to verify their identity before receiving a director ID. This is important because it will help to prevent the use of false or fraudulent director identities, make it easier for external administrators and regulators to trace directors’ relationships with companies over time and identify and eliminate director involvement in unlawful activity, such as illegal phoenix activity.

Illegal phoenix activity is when a company is liquidated, wound up or abandoned to avoid paying its debts. A new company is then started to continue the same business activities without the debt.

The Australian Business Registry Services Website is where you can apply for your director ID and find out more information.

Published On: January 4th, 2024

Share This Story