What are Articles of Association?
The company Articles of Association is a document which is usually created along with a Memorandum of Association. The Articles are basically the rules of a company, and it defines the responsibilities of the Directors, provides details of what business the company is involved in and provides information about the Shareholders responsibilities. The officers within the company must ensure that they are following the rules that have been set out in the Articles.
Most people choose to use the Model Articles of Association that are usually suitable for most types of companies and company structures. However, some people have special requirements which must be set out in the Articles, therefore they would either apply to change the Articles before submitting their new company or they would change the Articles once the company has been incorporated.
What do I need to change my Articles?
You can change the Articles of Association anytime after a Company has been incorporated.
To change your Articles, you will be required to provide us with the following:
- New Articles of Association
- Special Resolution to change the Articles (this needs signing by the Director of the company, and we will issue you with a resolution once we have received your order)
To proceed with changing the Articles, we will require the original signed Special Resolution from you.
How long does it take to change the Articles?
We will be required to submit the new company Articles and the Special Resolution to Companies House. It usually takes around 5 working days for Companies House to update the company records with the new Articles of Association.
We will send you email confirmation once the new Articles have been accepted with Companies House.
What types of companies have Articles?
Articles of Association are not applicable to all types of companies. The following types of companies have Articles of Association:
- Limited by Shares / Private Limited Company
- Limited by Guarantee
- Limited by Guarantee Omitting Limited
- Public Limited Company (PLC)
- Flat Management Company
- Community Interest Company (CIC)
If you would like to amend your Articles, please order this service from our UK Additional Services.