Every company has a set of company rules which determine how the company will be administered.
The company rules govern how a company must operate internally. These rules cover things such as the appointment, removal and powers of directors, rules for meetings and shareholder rights. Before the Companies Act 2009, the rules were called the Memorandum and Articles of Association.
A company may adopt its own tailored rules at the time of its incorporation or simply adopt the model rules already contained in the new Companies Act.
When you register your company you will have the option to upload your own set of company rules, or choosing to adopt the model rules.
Copies of the model rules for each of the following types of companies can be found in this section (and are also included in the Companies Act 2009) by clicking on the links:
- for a single shareholder private company
- for a private company with more than one shareholder
- for a public company
- for a community company
Note | This information is intended as a guide only – it is not intended as legal advice. For more detailed information please refer to the legislation or seek legal advice.