Articles of incorporation (sole shareholder)
These articles of incorporation outline the internal regulations, management structure, and operational framework of a limited liability company establised by a sole shareholder.
Company Name and Purpose: The articles specify the official name of the company and its primary objectives or purposes, outlining the scope of the business activities it intends to engage in.
Share Capital and Ownership: Details about the company's authorized share capital, types of shares, and procedures for issuing, transferring, and valuing shares
Shareholders' Rights and Obligations: The rights, privileges, and responsibilities of shareholders, including voting rights, dividend entitlements, and attendance at meetings, are defined.
Directors: The roles, powers, and responsibilities of the board of directors are outlined, including procedures for their appointment, resignation, and removal.
Shareholders' Meetings: The procedures for convening and conducting shareholders' meetings, including the quorum required for decision-making and voting procedures, are described.
Dividends and Financial Matters: Guidelines for distributing profits, issuing dividends, and managing financial matters are addressed.
Amendment Process: The process for amending or altering the articles of association is outlined, including any requirements for shareholder approval.
Dissolution: Procedures for winding down the company in case of dissolution or liquidation are typically included.
Confidentiality and Non-Disclosure: Clauses related to the confidentiality of company information, trade secrets, and proprietary information.