Template articles of association for LLC

These articles of association contain provisions regarding the internal organization, management structure and operating rules for a limited liability company with at least two shareholders.
 
They contain key provisions relating to:
 
  
Name and main activities: the bylaws specify the official name of the company and its activities.
  
Share capital: details about the authorized share capital of the company and its structure, sale restrictions, reduction and increase.
  
Rights and obligations of shareholders: The rights, obligations and responsibilities of shareholders are defined, including voting rights, rights to profits and meetings attendance.
  
Directors: provide for the roles, powers and responsibilities of directors, including their appointment, resignation and revocation procedures.
  
GSM (general shareholders' meeting): The procedures for convening and holding shareholder meetings are described, including the quorum required for decision-making and voting procedures.
  
pofit allocation: provide guidelines for distribution of profits, issuance of dividends and management of financial matters.
  
Chages: provide rules for amending the bylaws.
  
Dissolution: include rules on company liquidation/dissolution procedures.
  
Confidentiality and non-disclosure: contain confidentiality clauses to protect information and trade secrets.
 
Use it for:
 
  
Establishment of a limited liability company (SRL).
  
Co-opting a new shareholder.