DIRECTOR ID
RE: APPLYING FOR A DIRECTOR IDENTIFICATION NUMBER I am writing to you to let you know about new legislation that requires all directors of Australian companies to have a director identification number ( DIN ). You will need to apply for a DIN if you are a company director. This includes if you are director of your SMSF corporate trustee or family trust. You will also need to apply for a DIN if you are acting in the capacity of an alternate director, even if you are appointed for a specified period or a temporary basis. What is a DIN? A DIN is a unique 15-digit identifier that a director will apply for once and will keep forever. A director can only have one DIN that they must use for all companies. The purpose of introducing DINs is to prevent the use of fictitious director identities, assist regulators trace directors’ relationships with companies and better identify directors involved in unlawful activity. When do I need to apply for a DIN? When you must apply for a DI