6. Memorandum and articles of association
When you register your company you need:
- a ‘memorandum of association’ - a legal statement signed by all initial shareholders agreeing to form the company
- ‘articles of association’ - written rules about running the company agreed by the shareholders, directors and the company secretary
Memorandum of association
You can use the memorandum of association template. You can’t update the memorandum once the company has been registered.
Articles of association
You can use standard articles (known as ‘model articles’).
You can write your own articles but if you do, you can’t register your company online.
Community interest companies
You can’t use limited company model articles if you’re setting up a community interest company (CIC).
Use the CIC regulator’s model constitutions instead.