How are memorandum and articles of association dealt with when you use UKcorporator?
You will step through a simple question and answer process on the UKcorporator website after which you will pay by credit card. You will then be given the option of receiving the documents (i.e. a filled-in set of Adobe PDF documents (approx 30 pages) via a direct download or as an attachment to an email (or both). These documents include a copy of the company’s memorandum of association as well as various registers and other documents as required by law for a new company. When you receive the documents, you should sign two of them as referred to in more detail below, however, there is no need for you to send or lodge them anywhere – UKcorporator lodges the memorandum and articles of association on your behalf electronically. When doing that, UKcorporator passes on the ‘authentication data’ (i.e. three characters from each of eye colour, telephone number, and town of birth) to the UK government agency which administers company incorporations (Companies House) so as to verify the identi
When you receive the initial Adobe PDF documents from UKcorporator, the members/shareholders should immediately print-out and sign and date the memorandum and articles of association (2 separate documents). The memorandum of association is a formal one-page document which simply confirms that the member(s)/shareholder(s) (called ‘subscriber(s)’ in the document) wish to form a company under the Companies Act 2006 and agree to become a member of the company and to take at least one share. The articles of association is a much longer document (approximately 30 pages long) which deals mainly with the internal management issues – e.g. directors’ meetings, members’ meetings, minutes of meetings, voting at meetings , appointment of directors, shares and distributions, dividends etc. UKcorporator uses the ‘model articles of association for a private company limited by shares’. This is a modern document which legislation has allowed to be adopted by persons forming companies since 1 October 200
