Memorandum of Association - Sabinepasslighthouse Blog

When you register your company you need: a 'memorandum of association' - a legal statement signed by all initial shareholders or guarantors agreeing to form the company. 'articles of.. The Memorandum and Articles of Association are important documents for the company which provide the useful information to the stakeholders. The Memorandum of Association is a legal document which states the purpose of a company, i.e., it describes why a company is formed. It establishes the authority of a company and the terms and conditions.

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Differences Table: Difference Area. Memorandum of Association. Article of Association. Nature. Defines the company's objectives, powers, and scope. Contains rules and regulations for internal management and operation. Contents. Includes company name, registered office, objectives, and association details.. The memorandum of association and articles of association are the two charter documents, for the setting up of the company and its operations thereon. ' Memorandum of Association ' abbreviated as MOA, is the root document of the company, which contains all the basic details about the company.