Memorandum and Articles of Association

At IBCCS TAX we are experienced international tax planning advisers offering legal
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Memorandum and Articles of Association

The memorandum of association is the document on the basis of which a company is incorporated, setting out the objects and it is signed by the company’s subscribers.

The memorandum is submitted to the Registrar of Companies at the same time with the submission of the application for the incorporation of a company.

Planning, implementation, & compliance

Planning, implementation, & compliance

Frequently Asked Questions

The company’s memorandum of association contains at least the following:

  1. its name;
  2. its objectives;
  3. a statement that the liability of its members is limited;
  4. the amount of share capital (provided that a company has a share capital) with which the company intends to register and its division in shares; and
  5. the persons who set up the company, their signature and, given that a company has a share capital, the number of shares they receive stated opposite their names. The memorandum of association is also signed by a witness who confirms the signature of the persons who set up the company and by the lawyer who prepared the memorandum of association.

Yes, any amendments are filled and approved by the Registrar of Companies.

IBCCS TAX through its devoted team of specifically trained personnel is capable in handling the registration of Cyprus companies.

Our services include the drafting of the Memorandum and Articles of Association, signed by our associate lawyers and submitted to the Registrar of Companies.

We can assist you and advise you on any necessary amendments and the obligations that need to be followed by your company as per the company’s Articles of Association.

A company’s Memorandum of Association may be amended by special resolution passed by the Cypriot company’s shareholders and with the approval of the Companies Register.

The Articles of Association of a company must specify the internal regulations based on which a company will be conducted in its daily operations. The Articles of Association will also contain provisions about the rights, duties and responsibilities of the company’s shareholders and directors. The date of the shareholders’ general meeting must also be written in a Cypriot company’s Articles of Association.

The Articles of Association are submitted with the Memorandum at the same time as the submission of the application for the incorporation.

A limited liability private or public company with shares may adopt the regulations contained in Table A of the First Schedule of the Companies Law as its articles of association or choose to adopt part of these regulations. In the first case, it shall submit a document stating which regulations are to be adopted by the company.

In case you wish to secure a certified copy of the memorandum and articles of association in a foreign language, you must create at the Registrar of companies a file of translations of the company, providing at the same time a certified translation of the aforementioned documents in the foreign language

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