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Business wiki · Company and governance

Memorandum of association

A company's constitutional document setting out matters such as its name, objects and capital framework.

Search terms: MOA

A business example

A company formed to manufacture furniture wants to add a separate equipment-leasing business.

Follow the exampleFictional business scenario
  1. Proposed activity

    Write down what will be leased and how the company will earn income.

  2. Current objects

    Compare that activity with the wording in the company's current memorandum.

  3. Decision

    Assess whether the existing objects cover the proposal before proceeding.

What this shows

The useful question is whether the actual new activity fits the constitutional document, not whether the company's trading name sounds broad enough.

What it is often confused with

The memorandum describes the company's constitutional scope; the articles address its internal governance.

What to look at in your business

Read the current document, including registered amendments, rather than an incorporation draft.

Context and further reading

MCA: incorporation and linked filing FAQs. This reference supports the terminology; use the linked guide for applicability and operative requirements.

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Related terms

LLP

An incorporated business structure with partners and a separate legal identity under the LLP framework.