Do you have you Director ID number - don’t risk a $16,500 fine.
As of the 1st of November 2022, Australian Company Directors are required by law to verify their identity with the Australian Business Registry Service and obtain a Director ID. If you are operating as a director without a Director ID number, you risk a $16,500 fine
If you do not have a Director ID follow our guide to setting one up, there is no cost involved. Your Director ID will need to be recorded with our office should any changes be required for your entity. We do not want any changes to be delayed as a result of not having your Director ID in place.
ASIC has begun charging directors for non-compliance. On 19 March 2024, a director was formally charged with one count of failure to have a DIN when required to do so (s1272C(1) of the Corporations Act 2001). The defendant is facing a maximum penalty of $13,320. The matter is currently subject to an interim non-publication order.
If you have your Director ID, could you kindly update our office by uploading the information using the
Aspen Corp portal
Thinking outside the box.
Our thinking doesn’t
just deliver value.
It saves you time.
It’s more than just reducing expenses or helping you improve profitability today. It's about fast tracking your success by taking the time to build a shared vision of your best future. Backed with dedicated and unparalleled team industry leading expertise, empowering you with the tools and guidance to make informed decisions, streamline your financial processes, raise the bar on what’s possible and help you achieve your business goals more efficiently.
The most valuable thing to our success is you. The most valuable thing to you is time.
Where knowledge meets
understanding in tax solutions.
With 35 years of experience, we know that a good business stems from the roots; from our people.
We offer a unique combination of taxation, accounting, financial and advisory services tailored to the individual requirements of your business.
The contents of this website should be read in conjunction with the Terms & Conditions and Privacy Policy.
LIABILITY LIMITED BY A SCHEME APPROVED UNDER PROFESSIONAL STANDARDS LEGISLATION
Liability Limited by a Scheme Approved under Professional Standards Legislation