The director identification number (DIN or director ID) system commenced on 1 November 2021. All directors need to apply for a DIN and existing directors should start preparing their applications now.
DIN is the first service to be delivered by the new Australia Business Registry Services (ABRS). ABRS is a new platform which (between now and 2024) will bring together multiple registers from Australian Securities and Investments Commission (ASIC), Business Names Register, the ATO and Australian Business Register (ABR). ABRS and your DIN will streamline all these registers, by allowing you to manage your details in one place, with a single identification number. The aim is to improve consistency and efficiency, cutting back administration time and ensuring all your records are updated within required time frames.