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A collection of updates, articles and papers written by The Little CFO & The Little CFO Legal

Dec 16, 20211 min read

Reminder: Director Identification Numbers

A quick reminder that:⁠

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🔸 Directors can apply for a Director Identification Number (DIN) now;⁠

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🔸 Current directors must have applied for a DIN by 30 November 2022.⁠

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What is the DIN?⁠

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🟡 The DIN scheme has been implemented to deter and penalise phoenix activity.⁠

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🟡 Director ID is a new requirement for all directors. If you’re a director of a corporate trustee of an SMSF this also applies to you.⁠

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Directors can apply for a director ID now on the new Australian Business Registry Services: ⁠

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https://www.abrs.gov.au/director-identification-number

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