What are the Director ID Offences and Penalties?

You’ve probably heard and read a lot lately about the new Director ID Number that all Australian Directors must have.  It’s important as the deadline of 30 November 2022 for existing directors is getting closer.

The good news is you only have to apply once for your Director ID Number and that is the number you use for all your director appointments.  You do need to make sure your details are kept up to date though.  Note:  A person is only allowed the one Director ID Number.

For those director appointments happening now, whether for a new company or an appointment to an existing company, you must have your Director ID Number before an appointment can be made. 

It’s a director’s sole responsibility to apply for a Director ID Number and it should be supplied to a company so they have a record in company documents.

But what does it mean if you don’t have your Director ID Number?

There are some pretty serious consequences and ASIC have been granted powers under the Corporations Act 2001 to prosecute offences.

The penalties are:-

For more information on how to apply please go to https://www.abrs.gov.au/director-identification-number


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Reshika Kumar

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With her kind, caring and approachable nature, Reshika never fails to provide a positive, welcoming experience for our clients, assisting them as they walk in our door or call our office. She understands the power of customer service and is always willing to lend a hand.

With her fun and relaxed personality, Reshika is incredibly creative, especially when it comes to finding solutions for evolving challenges, from financial matters to marketing requirements and beyond. Holding a Masters of Business Administration with a major in Marketing and significant experience in the banking industry, Reshika has a unique combination of skills which makes her a real asset to Fortis.

Reshika is motivated to reach new heights, take risks and develop her career by working alongside Bernadette, our Client Administration Manager, and having the opportunity to learn new things such as new platforms and procedures.

Reshika is passionate about fitness and does not miss an opportunity to take advantage of the gym. Despite Reshika’s relaxed personality it all goes out the door when card or board games are involved!