Articles of Association
An Articles of Association (AOA), is a document that specifies the regulations for a company’s operations and defines the company’s purpose.
The articles of association will usually specify the way a company issues stocks, distributes dividends, and performs financial records. The document is focused on giving the reader information about the methods a company uses to achieve its daily, monthly, and yearly goals.
The articles of association are relatively similar in any part of the world, even though the exact terms and items vary across jurisdictions. In general, it includes the following:
- Provisions on the company name
- Purpose of the company
- Share capital
- Organization of the company
- Provisions on shareholder meetings