Document background
Articles of Association of a Limited Liability Company are mandatory constitutional documents required for company incorporation in Hong Kong under the Companies Ordinance (Cap. 622). They serve as the foundational rules governing how the company operates, defining the relationships between shareholders and directors, and establishing the framework for corporate decision-making. The document becomes effective upon company incorporation and binds the company, its directors, and shareholders. It includes provisions for share capital structure, transfer of shares, appointment of directors, conduct of meetings, and other crucial operational matters. While companies can adopt model articles provided under Hong Kong law, most businesses choose to customize their Articles to suit specific needs while ensuring compliance with local regulations. The document is particularly important for foreign investors and businesses establishing presence in Hong Kong, as it provides clarity on governance structure and protects stakeholder interests.
