Limited Company Memorandum of Association Template
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Discover the methodologyA memorandum of association is a very important document in the UK, that takes the form of a legal statement signed by different shareholders or guarantors who agree to form a company together. It has to respond several requirements that we develop below to be valid.
Download the UK official memorandum of association template
Here is the official memorandum of association template used for limited company creations in the UK, that you can download for free. Don't forget that it should always be dated and firmed by all the parties to be valid.
Good to know
Here is the UK memorandum of association template free to use online.
What a memorandum of association should include?
A memorandum of association usually includes the following elements:
| Element | Description |
|---|---|
| The company's objectives | A summary of the main objectives of the company, which will explain how the financial resources will be used for. |
| The liability of each shareholder | This clause should explain in which extent each shareholder is liable to a potential debt that could surge in case the company is dissolved. |
| The authorized share capital | In this clause, you should list the company’s assets, the different categories of shares and their nominal value. |
| Clause of association | This clause acts as the confirmation that each shareholder is bound by the memorandum . They state that they willingly associate and form a company together. |
| Articles of association | Those articles form written rules that will apply to the created company, and need to be agreed by the shareholders / guarantors, directors and the company secretary. |
Where can I get articles of association?
If you do not wish to write yourself your own articles of association, the UK government proposes standard articles to you are free to take. You can access examples of articles of association depending on your company's status clicking this link.
What is the minimum number of shareholders in a memorandum of understanding?
The minimum number of shareholders to form a company under a memorandum of understanding depends on the status of the entity to be formed:
- For a private company: 2 shareholders minimum
- For a public company: 7 shareholders minimum.
The signing of the MOA should always be undertaken under the presence of witnesses.
Where to register a memorandum of association?
There are 2 ways to register a new company:
You can register your company online, in which case your memorandum of association will automatically be created
If you choose to use the UK government's template, you will have to send your MOA by post to the UK government Companies' House, at the following address :
Companies House, Crown Way, Cardiff, CF14 3UZ
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