Published On: October 21, 2022Categories: News Flash0.7 min read138 words

Get your Directors IDHAVE YOU APPLIED FOR YOUR DIRECTORS ID?

If you are a director of a company, you MUST apply for a Directors ID.

Directors appointed on or before 31/10/21 have until the 30th of November 2022 to apply.
If you intend on becoming a director, you must apply before being appointed.

Click the link below to apply.

https://www.abrs.gov.au/director-identification-number/apply-director-identification-number

Company directors will face significant criminal and civil penalties if they fail to obtain a director ID or fail to apply for one when directed to do so by the registrar.

The maximum criminal penalty in these cases is $13,200 and the maximum civil penalty is $1.1 million.

Directors also face criminal penalties of up to $26,640 or one year imprisonment, and civil penalties of up to $1.1 million, if they apply for multiple Director IDs or misrepresent their Director ID.

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