Document background
The Companies Memorandum of Association is a mandatory document required for company incorporation in Pakistan under the Companies Act 2017. This document must be filed with the Securities and Exchange Commission of Pakistan (SECP) as part of the company registration process. It contains crucial information about the company's identity, including its name, registered office location, objects clause detailing permitted business activities, liability structure, and authorized capital. The Memorandum of Association serves as a public document that defines the company's relationship with external stakeholders and sets the boundaries of its corporate activities. It's essential for both private and public companies and requires careful drafting to ensure compliance with Pakistani corporate law while providing sufficient flexibility for future business operations.
