As highlighted in our November 2021 article New Requirement for Directors to Register for a Director Identification Number, company directors are required by law to apply for a director identification number.
A director ID is a unique identifier that directors apply for once and keep forever. ASIC suggests that the implementation of the director ID system will help prevent the use of false or fraudulent director identities. All directors of companies, registered Australian bodies, registered foreign companies or Aboriginal and Torres Strait Islander corporations will need director ID’s.
Unfortunately, on 28 October 2022 ASIC published an Alert warning that scammers are pretending to be ASIC, and are approaching Registry customers via email.