Articles of Association

Professional Company Secretarial Solutions

Articles of Association; every company has one and it is arguably its most important document, but people often aren’t aware of how they work or what they can do. Here we try and simplify it all a bit though inherently we can only scratch the surface so if you have any specific questions please see the drafting services we can provide for articles of association or get in touch with us to discuss your specific needs.

What are Articles of Association?
Who does it affect?
What does a shareholders’ agreement do?
What is a memorandum of association?
How do you change the articles of association?
What are model articles?
What if a company was formed prior to 1 October 2009
What articles should I adopt?

Key terms in the Articles of Association

Classes of Shares
Allotment of Shares
Pre-emption rights
Members’ Reserve Power
Transfer of Shares
Shareholders’ Decision Making
Directors’ Decision Making
Conflicts of Interest

The information provided in this article is intended as a general guide to assist people in understanding the main clauses of articles of association. It does not purport to be comprehensive and should not replace bespoke advice. If you are in any doubt, please speak to one of our experts.