Q&A Re: Articles of Association
Definition of Articles of Association
The Articles of Association (abbreviated "AOA") is a
basic document formulated by a company in accordance with the law
that provides for material matters such as company name, domicile,
business scope and operational and management systems. It includes
basic principles for the organization and activities of the
company. The AOA embodies the will of the shareholders and is
jointly signed by all shareholders..
A number of provisions under the Company Law
incorporate the exceptional phrase "unless otherwise provided
in the Articles of Association". This phrase reflects both the
encouragement and protection of company autonomy and the
significant role played by the AOA in law and practice. The AOA is
to a company as a constitution to a nation, because the AOA serves
as the cornerstone for the company and embodies the spirit upon
which the company relies for its existence. The AOA, jointly with
the
