The Memorandum of Association Model serves as a foundational document in Singapore's corporate law framework, essential for company registration and governance. It must be filed with ACRA during incorporation and contains crucial information about the company's structure, objectives, and operations. The document sets out the relationship between the company and its stakeholders, defining the scope of business activities and establishing the framework for corporate governance. This model is particularly important as it forms part of the company's constitution under Singapore's Companies Act.
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1. Company Name: Statement of the company's registered name and declaration of incorporation
2. Registered Office: Declaration of the company's registered office location in Singapore
3. Objects Clause: Detailed statement of primary and ancillary business objectives of the company
4. Limited Liability: Declaration that the liability of members is limited
5. Share Capital: Statement of authorized share capital, including nominal value and number of shares
1. Restrictions on Business Activities: Specific limitations on company's permitted activities, used when company operates in regulated sectors
2. Special Rights: Details of special rights attached to different share classes, used when company has multiple share classes
3. Foreign Ownership Restrictions: Restrictions on foreign ownership percentages, required for regulated industries or sectors with ownership limitations
1. Schedule 1: Initial Subscribers: List of founding shareholders with their names, addresses, occupations, and number of shares subscribed
2. Schedule 2: Share Classes: Detailed description of different share classes including rights, privileges, and restrictions attached to each class
3. Schedule 3: Director Information: Details of initial directors including names, addresses, and identity/passport numbers
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