Articles of association of a limited company
Last updated: 9 December 2021.
The memorandum of association must include the articles of association.
Items the articles of association must contain
- the business name
- the objectives of the business
- the amount of the share capital
- the nominal value of the share
If the company’s objective does not intend to provide the shareholders with a financial dividend, the articles of association must contain provisions on how the company should distribute surplus and assets when the company is dissolved.