Thursday, November 4, 2010

MEMORANDUM AND ARTICLES OF ASSOCIATION (NIGERIA FREE SAMPLE)

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THE FEDERAL REPUBLIC OF NIGERIA
COMPANIES AND ALLIED MATTERS ACT 1990
______________________________________________________

COMPANY LIMITED BY SHARES

MEMORANDUM OF ASSOCIATION

OF
XYZ  INVESTMENTS LIMITED

1.      The name of the company is XYZ INVESTMENTS LIMITED

2.      The registered office of the company is situate in Nigeria

3.      The objects for which the company is established.


a)     To carry on business as importers, exporters, general merchants, general                  contractors, manufacturers representatives, traders in all kinds of goods, industrialists, clearing and forwarding agents, manufacturer’s agents, sales agents, general traders in relation to marketing, distributing and assembling of articles and spare parts at home and abroad as manufacturer’s representatives.


b)     To carry on business of oil and gas prospecting, exploration, field development, production, refiners, storers, suppliers, and distributors of petroleum and petroleum products in all its branches.


c)     To carry on business of selling generator servicing parts i.e. oil filters and fuel filters.

d)     To carry on business of rendering cleaning services.

e)     To carry on business of processing of materials into finished products as well as distribution of finished products.


f)      To carry on business of farming, live stock breeders of every variety of animal for the purpose of its sale as meat, poultry and of eggs.

g)     To carry on business of haulage of goods and services by road and sea.

h)     To carry on business as clearing and forwarding agents for other companies and individuals who engage in importation and exportation of various classes of goods.


i)       To go into partnership with other companies with regards the objectives mentioned above.

j)       To do all such other things as may be considered to be incidental or conducive to  the attainment of the above objects or any of them.

4.      The company is a private company.

5.      The liability of the members is limited by shares.

6.      The share Capital of the company is N 1,000,000.00  (One Million Naira) only divided into 1,000,000 Ordinary shares of  N 1.00K each





We, the several persons whose names and addresses are subscribed, are desirous of being formed into a company in pursuance of this Memorandum of Association and we respectively agree to take the number of shares in the capital of the company set opposite our respective names.













S/N
NAMES, ADDRESSES AND DESCRIPTION OF SUBSCRIBERS
NO OF SHARES TAKEN BY EACH SUBSCRIBER
SIGNATURE
1.     

500,000.00



2.       

300,000.00

3.     

50,000.00

4.     

50,000.00

5.     

50,000.00

6.     

50,000.00

Total

1,000,000.00





DATED this …………………… Day of ……… 2………

Witness to above Signatures:

Names:  

Address:

Occupation:
















THE FEDERAL REPUBLIC OF NIGERIA
COMPANIES AND ALLIED MATTERS ACT 1990
______________________________________________________

COMPANY LIMITED BY SHARES

ARTICLES OF ASSOCIATION

OF
 
               XYZ INVESTMENTS LIMITED


PURSUANT TO SECTIONS 33 AND 34 OF THE COMPANIES AND ALLIED MATTERS ACT No. 1, 1990)

The form and content of the Articles of Association of this company is in accordance with;

Part II (Private Company Limited by Shares)

Respectively of Table “A” in schedule 1 of this Act, with additions, omissions or alteration as may be required in the circumstances.




















S/N
NAMES, ADDRESSES AND DESCRIPTION OF SUBSCRIBERS
SIGNATURE
1.     
 

2.       


3.     


4.     


5.     


6.     











DATED this …………………………………. Day of ……  2……
,.
Witness to above Signatures:

Names:  

Address.

Occupation:




20 comments:

  1. Excellent post - thanks for the information. I would really appreciate it if you can read my Business For Sale article and give feedback and reviews. Thanks once again for this outstanding post.

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  2. The article has been helpful, How do I engage you for some services regarding registering my company?

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  3. Thank you very much ,for this article,simple and straightforward.

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  4. Great post, but one question can objects of this article go from one sector into another as your sample above or they all have to be in the same relations e.g. software development and nothing about farming or can it be both

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  5. Very helpful post. Keep it up.

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  7. Great post. I noticed nothing is written under the article of association. Why?

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  8. Great post,but can I edit it? insert my own information, will it be accepted by CAC?

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  12. How do I engage you in the drafting of article of memorandum and article of associate. How much will it cost me. Please contact me:08166762354 Ngaji John is my name.

    Thanks.

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  13. so gratefully, I really appreciate for your post

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