Reminder to company directors - You must obtain your Director Identification Number (DIN) by 30 November 2022
As outlined in our article “The Director Identification Number (DIN) regime has started” published in March, if you:
· were a director of one or more Australian companies on 31 October 2021;
· still are a director of one or more of those companies on 30 November 2022 (without being re- appointed in the meantime); and
· have not been re-appointed as a director or appointed as a director of another Australian company since 31 October 2021,
you must obtain a DIN by 30 November 2022 to avoid penalties for non-compliance. If have been appointed or re-appointed as a company director after 31 October 2021, you should already have obtained a DIN and if not, unless an extension is granted, penalties may apply.
Some directors of Aboriginal and Torres Strait Islander corporations who held office on 31 October 2021 may still have until 30 November 2023 to obtain a DIN.
For further details, review our article here: “The Director Identification Number (DIN) regime has started"
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The material distributed is general information only. The information supplied is not and is not intended to be, legal or other professional advice, nor should it be relied upon as such. You should seek legal or professional advice in relation to your specific situation.