Update to Directors
Associates are advised as Directors of your Company, that the Australian Government along with the Australian Taxation Office have as part of its Digital Business Plan in 2020, announced the Modernising Business Registers (MBR) program. This program is to establish the Australian Business Registry Services (ABRS) to streamline how you register, view, and maintain your business information with the government as Directors.
The Director Identification Number became effective in November 2021 and all directors must apply for a Unique identifier.
Directors must apply for their own Director ID. It is free to apply and you will only ever have the single ID and this ID will be kept as long as you are a Director.
Associates are advised to seek further information by either going online or consulting your accountant for advice as to your next step to ensure registration in accordance with government guidelines.