What is a Director ID? And, is it Mandatory to have a Director ID in Australia?
What is a Director ID? If you are the director of any corporation in Australia, you are required to have a Director ID. This is a 15-digit number that serves as your permanent identification. Moreover, your director ID won't change whether you resign, go to a different organization , alter your name, or reside abroad. The Australian Business Registry Services (ABRS) is a new organization that was created with the goal of unifying over 30 distinct types of governmental registers. After confirming your identification, it will provide you with a Director ID. Importantly, hiring an Australian business lawyer can help you with the process of obtaining a Director ID. Who Needs a Director ID? Suppose you serve as a director for any corporation listed below that is registered under the Corporations Act of 2001. In that case, you'll be obliged by law to get a director ID if you’re an eligible offer of: ● a company, registered Australian body, or registered foreign company under