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Memorandum Of Association Of Consulting Company
"I need a Memorandum of Association of Consulting Company for my technology consulting firm to be incorporated in Nigeria by March 2025, with provisions for 40% foreign ownership and specific clauses for cybersecurity and IT consulting services."
1. Company Name Clause: States the registered name of the consulting company as approved by the Corporate Affairs Commission
2. Registered Office Clause: Specifies that the registered office of the company will be situated in Nigeria
3. Objects Clause: Details the specific consulting services and business activities the company will undertake
4. Liability Clause: States that the liability of members is limited by shares
5. Share Capital Clause: Declares the authorized share capital of the company, its division into shares, and the nominal value of each share
6. Association Clause: States the subscribers' desire to form a company and their agreement to take shares
1. Restricted Objects Clause: Used when the consulting company wants to restrict its activities to specific types of consulting or professional services
2. Foreign Ownership Provisions: Required when the company has foreign shareholders or plans to have foreign investment
3. Professional Certification Requirements: Needed when the consulting company operates in regulated professional fields requiring specific certifications
4. Branch Office Provisions: Include when the company plans to operate branch offices in different locations
5. Specialized Service Restrictions: Used when the company needs to specify limitations on certain types of consulting services
1. Schedule 1: Share Capital Structure: Detailed breakdown of share classes, rights, and initial shareholding distribution
2. Schedule 2: First Directors: List of first directors and their details including nationality, occupation, and residential addresses
3. Schedule 3: Subscribers Information: Detailed information about initial subscribers including their shareholding and contact information
4. Schedule 4: Professional Qualifications: List of required professional qualifications and certifications for key positions when applicable
5. Appendix A: Consent Letters: Consent letters from professional bodies or regulators if required for specific consulting services
6. Appendix B: Special Resolutions: Any special resolutions passed regarding company formation or structure
Authors
Management Consulting
Information Technology
Financial Services
Human Resources
Strategy Consulting
Environmental Consulting
Engineering Consulting
Business Process Consulting
Healthcare Consulting
Education and Training
Legal Services
Market Research
Digital Transformation
Sustainability Consulting
Legal
Corporate Governance
Compliance
Corporate Affairs
Board of Directors
Executive Leadership
Corporate Secretariat
Risk Management
Shareholder Relations
Business Development
Chief Executive Officer
Managing Director
Company Secretary
Legal Counsel
Compliance Officer
Corporate Governance Manager
Board Director
Chief Operating Officer
Professional Services Director
Risk Manager
Corporate Affairs Manager
Shareholder Relations Manager
Business Development Director
Managing Partner
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