A Memorandum of Association (MOA) is a legal document prepared in the formation and registration
process of a limited liability company to define its relationship with shareholders. The MOA is
accessible to the public and describes the companys name, physical address of registered office,
names of shareholders and the distribution of shares. The MOA and the Articles of Association serve
as the constitution of the company. The MOA is not applied in the U.S. but is a legal requirement for
limited liability companies in European countries including the United Kingdom, France and
Netherlands, as well as some Commonwealth nations.
Association and Formation of a Company
The association clause confirms that shareholders bound by the MOA are willingly associating and
forming a company. You require seven members to sign an MOA for a public company and not less
than two people for a MOA of a private company. You must conduct the signing in the presence of
witness who must also append his signature.