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DIN
Preparing for the new Director ID regime   As part of its Digital Business Plan, the Government announced the full implementation of the ‘Modernising Business Registers’ program. 
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  From November 2021, directors of Australian companies will be required to apply for and verify their identity to register for a Director Identification Number (DIN). A DIN is a 15-digit identifier issued to a current or prospective director after they have verified their identity with Australian Business Registry Services (ABRS). Once a DIN is…
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In the past year, the Federal Government has introduced legislation to minimise illegal phoenixing activities by company directors. As part of the Government’s new legislation, all company directors, including foreign and alternate directors, are required to obtain and hold a Director Identification Number (DIN). The introduction of DINs has been on the Government’s agenda since…
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