From 1 July 2027, companies will be required to provide their directors’ Director IDs to ASIC as part of certain company reporting processes. This is a new requirement designed to improve the accuracy of the companies register and reduce fraud and identity misuse.

What is a Director ID?

A Director ID is a unique 15-digit number issued by the Australian Business Registry Services (ABRS) to company directors. You only need one Director ID for life, even if you are a director of multiple companies.

When do the changes start?

The new reporting requirements commence on 1 July 2027. Until then, there is no change to the way companies report director information to ASIC.

What will companies need to do?

From 1 July 2027, companies will need to provide director IDs to ASIC through normal company reporting processes, including:

• Annual reviews
• Director appointments and resignations
• Updates to director details
• Other company registration and reporting activities

Further guidance on the process is expected from ASIC before the commencement date.

What should directors do now?

There is no immediate action required for most directors, however ASIC recommends:

✅ Confirming all current directors are correctly recorded on the company’s ASIC register
✅ Ensuring names, addresses and contact details are up to date
✅ Checking that director details held by ASIC align with details recorded against the director’s Director ID
✅ Updating any incorrect details with ASIC and/or ABRS where required

Taking care of these items now may help avoid delays or issues when the new requirements commence.

Don’t have a Director ID yet?

All company directors are already required to have a Director ID. If you’re a company director and haven’t applied for one yet, you should do so as soon as possible through the Australian Business Registry Services (ABRS).

How can Wingr help?

We’ll continue to monitor ASIC’s guidance as further information becomes available. As the 1 July 2027 commencement date approaches, we’ll provide practical guidance to help our clients understand their obligations and ensure company records are up to date.