On the 1st of November 2021, the DIN regime went live. So what is a DIN and do you need one?
What is a DIN?
The Director Identity Number (DIN) is a unique identifier for all new and current company directors. Once registered, your DIN is with you forever and will be required whenever transact as a company director.
Why a DIN?
The DIN regime is designed to enable the government to easily trace the movements and relationships of directors across different companies. The increased traceability should assist regulators to promote good corporate conduct and investigate any suspected illegal activity
The DIN regime is being implemented by the Australian Business Registry Services (ABRS) and is an important step toward the federal government’s goal of “digital first” government services. By 2024, the ABRS will bring together in one place the Australian Business Register and more than 30 ASIC registers. One centralized and modernized register should improve the user experience and simplify the way people interact with business registers.
How do I get a DIN?
Every existing or potential company director must personally apply to the ABRS for a DIN. Applications can be made online utilizing the mygovID Identity service via the following link.
When should I get a DIN?
The deadline for registration of a DIN depends on the date you became a director.
- Before 1 November 2021 – you must apply by 30 November 2022.
- Between 1 November 2021 and 4 April 2022 – you must apply within 28 days of your appointment.
- On or after 5 April 2022 – you must apply prior to your appointment.
Help & Support
If you’re not sure whether you need to apply for DIN, call us on 02 9995 7501 or send us an email. We can help you decide whether or not you need to apply for a DIN.