Companies and directors can take simple steps now to prepare for the new requirements, including checking that company and director information is current and accurate.
From 1 July 2027, new laws passed under the Treasury Laws Amendment (Business Registries Stabilisation and Uplift) Act 2026 will require companies to provide director identification numbers (director IDs) to ASIC.
Companies will need to provide director IDs to ASIC through company reporting processes, including annual reviews and when notifying changes to director details. Further information and guidance will be provided before 1 July 2027.
These changes form part of broader improvements to Australia's business registers, including stronger authentication arrangements for users who create and update registry records.
Together, they will help reduce the risk of fraud and identity misuse, improve the accuracy of company information, and make it easier to identify company directors.
Getting ready
Companies and directors are encouraged to check that company and director information is current and accurate, including:
- checking company details are up to date
- confirming all current directors are correctly recorded
- updating any incorrect names, addresses or contact details.
Keeping information up to date now may help avoid delays or issues when the new requirements commence.
We also encourage checking director details recorded on the ASIC companies register against those held by the Australian Business Registry Services (ABRS) and updating records where necessary.
Directors can review their director ID details by visiting the ABRS Manage your director ID page, where they can:
- download a PDF copy of their director ID details
- update their details if they have changed.
Next steps
ASIC is engaging with stakeholders and will provide further guidance ahead of the 1 July 2027 commencement date. ASIC may also communicate directly with affected stakeholders to support awareness and readiness.
