Memorandum of Association

The memorandum of association is a short legal document signed by a company's initial shareholders confirming they agree to form the company and take at least one share each.

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A historical snapshot, not an ongoing document

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Unlike the articles of association, the memorandum is not updated after incorporation and is simply filed as a record of the company's formation.

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Tax rules depend on individual circumstances and can change. This glossary is general information rather than personalised tax advice.