template

Short Form Articles of Association (Private Company Limited by Shares)

by
Genie Team
Genie Team
Oct, 10 2023

When to use this template

The Short Form Articles of Association (Private Company Limited by Shares) is a legal template specifically designed for use in the United Kingdom. It serves as a governing document for private companies that operate under the legal structure of a company limited by shares.

The template outlines the internal regulations and rules that govern the operations and management of the company. It covers various key aspects such as the share capital, rights and restrictions of shareholders, procedures for appointing and removing directors, decision-making processes, and distribution of profits.

Being a "short form" document, it provides a concise yet comprehensive framework for the company's structure and functioning. It is particularly suitable for small to medium-sized companies seeking a simple, streamlined set of regulations that adhere to UK company law requirements.

These Articles of Association are crucial for maintaining clarity and ensuring consistent decision-making within the company. They serve as a reference point for shareholders, directors, and other parties involved in the company, establishing their rights, responsibilities, and obligations. Moreover, these articles also provide legal protection by defining the internal processes that govern the company's affairs and limiting potential disputes.

It is essential to adapt and tailor this template to suit the specific requirements and characteristics of the company. By consulting legal professionals with expertise in UK corporate law, the appropriate amendments and additions can be made to ensure compliance with the latest regulations and an optimal governance framework for the company.

Key issues covered in this template

  • Alternate directors
  • Associated companies
  • Company officers
  • Conflict of interest
  • Director count
  • Revocation of authorization
  • Share capital
  • Sole director
  • N/A

What to watch out for

  • The number of shareholders in the company

  • The model articles of association for private companies limited by shares

  • The company's share capital

  • The rights of shareholders

  • The directors and officers of the company

  • The company's registered office

  • The company's seal

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Used by

Author

Genie Team

Genie Team

@genieteam
Genie AI

The Genie Team consists of lawyers and paralegals. Our aim is to open source the law and provide high quality, regularly reviewed legal documents.

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Additional information

Business categories

Relevant sectors

Finance

Relevant company sizes

1 - 3

20 - 49

250 - 999

4 - 19

50 - 249

1000 +

Governing law

England and Wales

Language

English UK

Gender neutral

Yes