What is a memorandum of association?

Upon registering a company, you will need the following set of documents:

• Articles of association
• A Memorandum of Association: this document is a statement made by each subscriber, in which they confirm their intention to form a Company and become a member (Shareholder) of that Company. If the Company is to have a Share Capital on formation, then each member also agrees to take at least one share.

The form of the Memorandum of Association is as prescribed in the Companies Act 2006.