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Illustration of a document labeled AOA with the title
Articles of Association

Sat, Jul 05 2025

Shubham Bansal

What is AOA (Articles of Association)? – Definition & Key Contents

What is AOA (Articles of Association)?

Articles of Association (AOA) is a legal document that defines the internal rules, regulations, and procedures for managing a company. It works as the company’s internal manual, guiding the rights, responsibilities, and relationships among members, directors, and management.

Key Contents of AOA

An AOA typically includes provisions about:

  • Share Capital

Details about classes of shares, rights attached, and issue procedures.

  • Appointment of Directors

Rules for appointing, removing, and retiring directors.

  • Meetings

Procedures for board and shareholder meetings.

  • Dividend Policy

How profits will be distributed.

  • Transfer and Transmission of Shares

Guidelines for transferring shares.

  • Borrowing Powers

Rules about borrowing and creating charges on assets.

Importance of AOA(Articles of Association)

  • It governs internal management and day-to-day affairs.

  • Ensures clarity and smooth functioning of operations.

  • Provides legal protection to members and management.

Difference from MOA

While the MOA describes the company’s external objectives and scope, the AOA defines internal administration and regulations.

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