About the director ID:

From November 2021, directors will need to verify their identity as part of a new director ID requirement.

All directors are required 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
• identify and eliminate director involvement in unlawful activity, such as illegal phoenix activity.

A director ID is a unique identifier that a director will apply for once and keep forever.

When you must apply for your director ID:

This depends on the date you become a director:

As you can see, you will have some time to prepare for this change; however, we recommend that you set up your Director ID asap.

If you don’t meet your obligations:

• there may be civil or criminal penalties
• you may be issued with an infringement notice.

How to apply for your director ID:

You need to apply for your own director ID. The fastest way to do this is online.

It is a quick 3 step process:

• Step 1 – Set up myGovID (if app not already set up – Note this is different to your myGov account)
• Step 2 – Gather your ID documents
• Step 3 – Complete your application (this should take less than 5 minutes)

For detailed information on the application process – PLEASE CLICK HERE

What to do with your director ID:

When you receive your director ID, you need to pass it on to the record-holder in your company. This might be your company secretary, another director, a contact person or an authorised agent of the company, i.e. Aspire Consulting.

If you’re appointed as a director of any other companies in the future, you need to give your director ID to the relevant record-holders.

Next Steps:

If Aspire Consulting is the registered agent for any companies of which you are a director, we will be contacting you, as a Director and request you to respond with your director ID # so we can update our records.