20/08/2026
ASIC has announced that, from 1 July 2027, companies will be required to provide director identification numbers (DIN) to ASIC when updating company details.
Currently, directors are required under section 1272C of the Corporations Act 2001 (Cth) to have a DIN but have not been required to provide the number to ASIC. This will change from 1 July 2027, when companies will be required to provide DINs through regular company reporting processes such as the annual review or when notifying ASIC of changes to directors’ details. Over time, the companies register will display whether a company has provided DINs for its directors.
The change is intended to:
- reduce the risk of fraud and identity misuse;
- improve the accuracy of company records;
- make it easier to identify company directors; and
- improve the quality and usability of registry information.
If you are a director, company secretary, registered agent, or otherwise responsible for company reporting obligations, you should start ensuring that the company has a DIN on record for all directors. Further information and guidance is expected to be released by ASIC before 1 July 2027.
If you are concerned about how this change will affect you or your company, reach out to our team of corporate governance experts.
