All company directors are required to register for a Director Identification Number (DIN), and with the original deadline of 30 November now passed, many company directors are left exposed to compliance action by the ATO. Just how many are you wondering? Current estimates are around 700,000…! The IDs are being introduced to crack down on “dummy directors” and company Phoenixing; an occurrence that sees an entity declare bankruptcy, insolvency, or

All company directors are required to register for a Director Identification Number (DIN), and with the original deadline of 30 November now passed, many company directors are left exposed to compliance action by the ATO. Just how many are you wondering? Current estimates are around 700,000…! The IDs are being introduced to crack down on “dummy directors” and company Phoenixing; an occurrence that sees an entity declare bankruptcy, insolvency, or