User Guide No. 1 Introduction Who can Form a Company Decisions Prior to Incorporation Step 1: Choose available name Step 2: Registered Office Step 3: Memorandum and Articles Step 4: Directors and Shareholders Applying to the Registrar Fees

BVI Financial Services Commission User Guide No. 1 - Incorporating a Company Limited by Shares

Step 3 – The Memorandum and Articles

Every company must have a memorandum and articles of association that complies with the Act. See User Guide No. 3 [Memorandum and Articles] for further information. The memorandum and articles are the equivalent of a company’s constitution. The matters covered by the memorandum and articles include the company’s internal governance procedures and the relationship between its members. The memorandum and articles of a proposed company must be filed with the application to incorporate and both the memorandum and articles must therefore be drafted before the application can be filed.