Changes to Memorandum & Articles of Association
We incorporate all companies using wide ranging object clauses with the principal objects clause designed to your trading requirements, allowing you to trade in the business you desire. We prepare your memorandum of association with a specific principal object clause as it is required by the Companies Registration Office (CRO) for all companies intending immediate commercial activity.
We will also allot the appropriate NACE code. Many banks and lending institutions require to see a main object clause in line with your principal activity of the company prior to authorising the activation of a new account or advancing a loan. It is useful for credit referencing and also ensures the uniqueness of your limited company, where the trade can be seen to be precise rather than general. A general trader clause is not permitted by the CRO.
There are a variety of reasons for a company to change the memorandum or the articles of association, such as a change or alteration in business activity, a members resolution to increase or decrease the share capital and to insert extra powers.
All amendments to the memorandum or articles of association require the preparation of members resolutions, minutes and forms for filing at the Companies Registration Office.
To make any changes to your memorandum or articles of association just contact us directly with your instructions and we will draw up and submit for filing all relevant documents.