Company Formation

Articles of Association
The Articles of Association is a legal document that defines a company's regulations, governance, and the rights, duties, and responsibilities of its members (shareholders) and directors.
Company Formation in the UK
Detailed process and requirements for forming a company in the UK, including the necessary documents to be submitted to the Registrar of Companies.
Incorporation
Incorporation is the process by which a company is officially registered and recognized as a legal entity separate from its owners, allowing it to own assets, incur liabilities, and engage in contracts.
Memorandum of Association
An essential official document required to submit to the Registrar of Companies for the formation of a new company, highlighting initial details like company type and authorized share capital.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.