A member asked almost 8 years ago

Company's memorandum and articles of association

I need document for opening an account with another company. They are asking for this document. We have just started a startup. Company is registered in Australia and have two Directors. Who will be the best person to get his document and what i need to provide them? Document Name: "Company's memorandum and articles of association which evidence the powers that regulate and bind the company"

Law Advisor Research Team
Researchers at LawAdvisor

Hi there. You have been asked to provide your company’s memorandum and articles of association. In Australia, these two documents are more commonly known as the company’s constitution. The constitution is a written document that sets out the rules for how the company is to be structured and how it will operate. Constitutions usually contain information about shares and dividends, directors’ meetings, shareholder meetings and winding up procedures. Most companies prepare and adopt a constitution when they are incorporated, although it is not necessary for all Australian proprietary limited companies to have a constitution. For more information on constitutions and setting up a company, visit the Australian Securities and Investments Commission website (www.asic.gov.au).

Suggested way forward

A corporate or commercial lawyer can prepare a constitution for your company. By pressing the “Consult a Lawyer” button, LawAdvisor can help you search for experienced lawyers and obtain fee proposals for their services. Costs for legal advice and representation will vary between providers based on experience and the scope of services.

Answered almost 8 years ago   Legal disclaimer

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