Director IDs are now required for all directors of Australian companies

As part of the 2020 Budget Digital Business Plan, the government announced the introduction of a requirement for all directors to register for a unique director identification number that is intended to mitigate illegal ‘phoenixing’ activity and provide more transparency.

This has now been legislated and you’ll need to apply for your director ID.

We’ve prepared an article to help you through the application process >> Director identification numbers It’s time to apply | Day One Advisory