Document background
The Memorandum and Articles of Association of an Information Technology Company is a mandatory legal document required for company incorporation in Nigeria under the Companies and Allied Matters Act (CAMA) 2020. This document serves as the company's constitution, defining its relationship with external stakeholders and internal governance framework. It includes essential information such as the company's name, registered office, objects, liability status, and share capital structure, along with detailed regulations for company management, shareholder rights, and board operations. The document must be filed with the Corporate Affairs Commission and becomes publicly available upon registration. For technology companies, it typically includes specific provisions addressing intellectual property rights, data protection compliance, and technology licensing frameworks, making it essential for both corporate governance and operational guidance in the technology sector.
