Memorandum of Association | Glossary | Setup A Company

Memorandum of Association

The Memorandum of Association is a statement made by each subscriber confirming 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.

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