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Deadline for Directors: Penalties may apply


Director Identification Number


Dear Company Director,


I have prepared this circular email to all our clients to ensure you are aware of the ASIC requirements affecting company directors and enclose a letter from ASIC dated 20 June 2022 regarding Director Identification Number (“DIN”) Obligations.


Letter from ASIC 20.06.22
.pdf
Download PDF • 185KB

I draw your attention to the following.

  1. Any individual appointed as a Director before 1 November 2021 must apply for a DIN by no later than 30 November 2022.

  2. Any individual appointed as a Director on or after 1 November must apply for a DIN now.

  3. Any Directors who do not apply for a DIN in time could be liable for criminal penalties.

I strongly recommend that any Director apply for a DIN immediately if you have not already done so.


I have included the link here: https://www.abrs.gov.au/director-identification-number


Please contact our office if you require any assistance.


Regards,


SYDUN & CO SOLICITORS

Level 6, 162 Goulburn Street, Surry Hills NSW 2010

(02) 9283 2355 | www.sydunco.com.au | sydunco@sydunco.com.au





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