What are the Articles of Association?

/What are the Articles of Association?

What are the Articles of Association?

When setting up an offshore company, the Articles of Association are the second of the two main documents (the other being the Memorandum of Association) that are drafted which provide the framework for the company.   While the Memorandum of Association focuses more on basic particulars relating to the formation of the company, the Articles of Association focus on the ongoing governance framework of the company.  The Articles go into detail regarding the issuance of shares, voting and dividend rights of shareholders, restrictions on the transfer of shares, make up of the board of directors, the rules of meetings of the board of directors and shareholder meetings and other similar issues.
By | 2014-08-31T17:41:41+00:00 August 14th, 2014|0 Comments

About the Author:

Leave A Comment