Document background
The Memorandum of Association Form is a crucial corporate document required under Nigerian law for the incorporation of any company. It must be prepared in accordance with the Companies and Allied Matters Act (CAMA) 2020 and submitted to the Corporate Affairs Commission (CAC) as part of the company registration process. This document outlines the fundamental aspects of the company's existence, including its name, registered office location, objects, liability structure, and share capital details. It serves as the company's charter, defining its relationship with the outside world and the scope of its permitted activities. The Memorandum of Association is particularly important as it provides third parties with essential information about the company's powers and limitations, and once registered, it becomes a public document accessible through the CAC.
