If you are a Director of an Australian company or foreign company registered to do business in Australia and have not applied for your Director ID Number, the deadline is 30 November 2022. Don’t leave it until the last minute!
Penalties may apply for Directors who fail to apply for the Director ID Number by the due date. If directors fail to act after requests from the Registrar, the ABRS will refer them to ASIC who will commence enforcement action. If a director fails to acquire an ID when required to do so, they can be fined up to $13,200 under the Corporations Act, or up to $1,100,000 under civil law.
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