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Articles Of Incorporation Association Template for Malaysia

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Key Requirements PROMPT example:

Articles Of Incorporation Association

"I need Articles of Incorporation Association for a Malaysian technology startup planning to launch in March 2025, with provisions for electronic voting, multiple share classes, and employee stock options."

Document background
Articles of Incorporation/Association are essential documents required for company registration in Malaysia under the Companies Act 2016. This document must be filed with the Companies Commission of Malaysia (SSM) during the company incorporation process and serves as the company's constitution, defining its purpose, structure, and internal regulations. The Articles outline crucial aspects such as share capital, shareholder rights, director duties, meeting procedures, and corporate governance mechanisms. They form a binding contract between the company and its members, as well as among the members themselves. The document needs to be drafted with careful consideration of both mandatory legal requirements and the specific needs of the business, as it will govern the company's operations throughout its existence. Any subsequent modifications must follow prescribed procedures and receive necessary approvals from shareholders and regulatory authorities.
Suggested Sections

1. Name of Company: States the approved company name and registration number

2. Status of Company: Specifies whether the company is private or public, limited by shares/guarantee

3. Objects of Company: Details the primary business purposes and activities of the company

4. Share Capital: Describes the authorized share capital, types of shares, and rights attached

5. Members' Liabilities: States the extent of members' liabilities and obligations

6. Directors and Management: Outlines the appointment, removal, and powers of directors

7. General Meetings: Procedures for conducting shareholders' meetings and voting rights

8. Company Secretary: Requirements and duties of the company secretary

9. Accounts and Audit: Provisions for maintaining accounts and conducting audits

10. Notices: Methods and requirements for giving notices to members

11. Winding Up: Procedures for dissolution of the company

Optional Sections

1. Preference Shares: Used when the company plans to issue different classes of shares with specific rights and privileges

2. Board Committees: Required for public companies or those implementing specific governance structures

3. Alternate Directors: Provisions for appointing alternate directors when needed

4. Electronic Communications: Modern provisions for allowing electronic meetings and communications

5. Share Buy-Back: Provisions for the company to purchase its own shares

6. Dividend Policy: Specific rules for dividend declarations and payments

7. Islamic Banking Compliance: Required for companies operating under Shariah principles

Suggested Schedules

1. Share Capital Structure: Detailed breakdown of share classes and rights

2. Initial Subscribers: List of founding members and their initial shareholdings

3. First Directors: Details of the first appointed directors

4. Corporate Governance Guidelines: Specific governance rules and procedures

5. Board Reserved Matters: List of decisions requiring board approval

6. Proxy Form: Standard form for appointing proxies at general meetings

7. Company Secretary Appointment: Details of the appointed company secretary

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions





































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Relevant Industries

Manufacturing

Technology

Financial Services

Retail

Healthcare

Real Estate

Construction

Education

Professional Services

Transportation

Energy

Agriculture

Mining

Telecommunications

Hospitality

E-commerce

Relevant Teams

Legal

Corporate Secretariat

Board of Directors

Corporate Affairs

Compliance

Risk Management

Corporate Governance

Executive Management

Shareholder Relations

Administrative

Relevant Roles

Chief Executive Officer

Company Secretary

Corporate Lawyer

Legal Counsel

Chief Legal Officer

Board Director

Managing Director

Compliance Officer

Corporate Governance Officer

Chief Financial Officer

Company Director

Shareholder

Corporate Affairs Manager

Risk Management Officer

Board Chairman

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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