The director identification number (DIN) is a unique permanent identifier for each person who consents to being a director. DINs provide traceability of a director’s relationships across companies and allow regulators and administrators to investigate a director’s involvement in unlawful activity including illegal phoenix activity.
Subject to limited exemptions, a director of a registered body corporate must apply for a DIN before becoming a director. Initially, the DIN will operate only in relation to appointed directors and acting alternate directors and not to de facto or shadow directors. The requirements apply to both Australian companies and registered foreign companies that are body corporates.
Applying for a DIN
Individuals requiring a DIN can apply online. An agent, or other third party, usually cannot apply for a DIN on behalf of a director. An applicant for a DIN will be required to complete a declaration confirming his/her identity and eligibility to obtain a DIN.