Directors of Australian companies will now be required to register a digital ID with the federal government through the myGovID app. The government’s new initiative, called Director ID, is a unique 15-digit ID that corporate directors will need to establish as part of a concerted effort to reduce fraud and illegal activities.
The move is part of the government’s digital business integration plan announced last year, which aims to make it easier for businesses to interact with government. To apply for an Administrator ID online, administrators will need to use the myGovID app to access the Australian Business Registration Services website.
Administrators will be required to provide various details such as each Australian tax file number, residential address, and identity document documents as part of the application.
Read more: Zdnet
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