What is an MOA?
The memorandum of association is the company's founding document, setting out who owns it and how it is run.
What it contains
- Company name, activities and address
- Share capital and shareholding
- Managers and their powers
- Profit distribution and decision-making rules
- Share transfer and exit provisions
Where it is used
Licensing, banking, visa applications and any later amendment of the company.
Common questions
Can the MOA be changed?
Yes, through an amendment signed by the shareholders and approved by the authority.
Official sources
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