Modernising business registers

As part of its Digital Economy Strategy, the Australian Government is implementing changes to consolidate multiple business registers and streamline how business information is registered, viewed and maintained with government. 

The initiative will roll out progressively between 2021-2024. Visit the ATO website for more information on Modernising Business Registers.

Australian Business Registry Services

These changes include establishing the Australian Business Registry Services (ABRS). 

Director identification number

The director identification number (director ID) implementation began on 1 November 2021. 

Once you have applied for a director ID, you will not need to apply for it again regardless of the number of your directorships, as this number is unique to you.

Directors need to personally apply for a director ID. Whilst directors can seek assistance from their ASIC-registered agent or trusted advisor on how to apply for a director ID, they cannot apply on the director’s behalf. 

For more information on the applying for a director ID, visit the ABRS website.

Deadlines

The date by which a director is required to obtain a director ID depends on the date of appointment and the relevant Act. 

If the company is registered under the Corporations Act 2001:

  • If you become a director on or before 31 October 2021, you must have a director ID by 30 November 2022.
  • If you become a director from 1 November 2021 – 4 April 2022, you must have a director ID within 28 days of appointment as director.
  • If you become a director from 5 April 2022, , you must have a director ID before appointment.

For directors acting under the Corporations (Aboriginal and Torres Strait Islander) Act 2006:

  • If you become a director on or before 31 October 2022, you must have a director ID by 30 November 2023.
  • If you become a director from 1 November 2022, you must have a director ID before appointment.

Resources

Templates

A letter template that you can download and edit to suit your needs

Director ID template
DOCX · 18.3 KB

A summary of the new Director ID requirements that you can download, brand and send to your clients