When you form a new limited company, one of the three documents you need to submit are the Articles of Association.The others being Form IN01 and the Company Memorandum of Association. You can read more about what information is provided by these forms in our dedicated article here.
What are the Articles of Association?
The Articles of Association of a limited company outline how the company will be run on an ongoing basis. It forms the ‘constitution’ of the company. The Articles are broken down into the following key areas:
Since the implementation of the Companies Act 2006, since 1st October 2009 new ‘model articles’ were introduced which apply by default to new limited companies.
Unless you choose to submit your own Articles of Association for whatever reasons, the model articles will apply.
Most Bytestart readers will form companies limited by shares, whereas other organisations may set up companies limited by guarantee (e.g. charities and not for profit groups). Different model Articles of Association apply to each type of company.
You can view and download a copy of the Model Articles of Association from Companies House here.
Additional advice (some fairly technical in nature) relating to the introduction of the new Model Articles can be read on the BIS site.
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