How to set up your Director ID

To all Directors, you may be aware, ASIC has recently announced that all Company Directors will be required to obtain a Director Identification Number as required by the Treasury Laws Amendment Act 2020.

With applications commencing November 2021, we’ve prepared a client guide to help you with FAQs including:

• What is a director ID? 
• Who needs a director ID? 
• Timeframes for registration 
• How to set up a director ID?  
• Foreign directors and the director ID system  
• Directors in name only 

For more, How to set up your Director ID

We are here to help
If you have any questions or would like assistance regarding the Director ID requirements, please be sure to contact your advisor at PrimeAdvisory or call us on 02 9415 1511.