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MEMORANDUM AND ARTICLES OF ASSOCIATION OF THE HONG KONG FORMER IMMIGRATION SERVICE STAFF ASSOCIATION LIMITED Incorporated the 19th day of November 2004. (Revised on the 24th day of November 2011)

How to fill out memorandum of association

1. Start by gathering all necessary information: Before filling out the memorandum of association, you need to collect important details such as the company's name, address, purpose, and initial shareholders.
2. Determine the company's name: Choose a unique and appropriate name for your company. Make sure to check the availability of the name with the relevant authorities.
3. Define the company's registered address: Provide the official address where the company is legally registered and can receive official correspondence.
4. Specify the company's purpose: Clearly state the main activities and objectives that the company intends to pursue. This section should encompass the business activities the company will engage in.
5. Identify the initial shareholders: List the names, addresses, and other necessary details of the initial shareholders or members of the company. This section should also include the number and value of shares held by each shareholder.
6. Determine the share capital: Specify the authorized share capital of the company, which represents the total value of shares that can be issued. Also, determine the nominal or par value of each share.
7. Draft the clauses: Include various clauses related to the company's decision-making process, decision rights, share transfers, board meetings, and any other important provisions. These clauses help govern the internal affairs of the company.
8. Seek professional assistance if needed: It is recommended to consult with a lawyer or company formation expert to ensure that your memorandum of association is legally sound and compliant with local regulations.

Who needs memorandum of association?

1. Any company formation: All companies, regardless of their type (e.g., private limited, public limited, non-profit) or jurisdiction, require a memorandum of association during the registration process.
2. Shareholders and founding members: The memorandum of association is important for shareholders or members as it establishes the company's purpose, initial shareholding structure, and key operating guidelines.
3. Legal and regulatory compliance: Governments and regulatory authorities often require companies to submit a memorandum of association as part of the incorporation process. It serves as a legal document that outlines vital information about the company.
4. Investors and financiers: Investors and potential lenders may request and review the memorandum of association to understand the company's purpose, share structure, and governing principles before making any investment or financing decisions.
5. Corporate governance and decision-making: The memorandum of association plays a crucial role in shaping the internal governance and decision-making structure of a company. It helps in establishing the rights and obligations of shareholders and board members.

For pdfFiller’s FAQs

What is memorandum of association?

Memorandum of association is a legal document that contains the fundamental information about a company and defines its objectives, abilities, and powers.

Who is required to file memorandum of association?

Any person or group of people looking to form a company need to file a memorandum of association with the relevant authorities.

How to fill out memorandum of association?

Memorandum of association can be filled out by providing the required information such as company name, objectives, registered office address, capital structure, and details of shareholders.

What is the purpose of memorandum of association?

The purpose of memorandum of association is to clearly outline the scope of activities and powers of a company, protecting both the company and its stakeholders.

What information must be reported on memorandum of association?

Information such as company name, registered office address, objectives, capital structure, and details of shareholders must be reported on memorandum of association.

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