{"id":4538,"date":"2026-01-09T12:06:52","date_gmt":"2026-01-09T04:06:52","guid":{"rendered":"https:\/\/www.mnnbus.com\/?p=4538"},"modified":"2026-03-17T16:21:58","modified_gmt":"2026-03-17T08:21:58","slug":"company-signboard","status":"publish","type":"post","link":"https:\/\/www.mnnbus.com\/en\/blog\/company-signboard\/","title":{"rendered":"Simple Guide: 3-minute Explanation of the Content and Template of Hong Kong Company's Articles of Association (AA)"},"content":{"rendered":"
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A \"booklet\" is the \"internal code\" of a Hong Kong limited company. It is not only a necessary document for registration, but also plays a legal role in the opening of bank accounts, signing contracts and other critical moments.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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To set up a limited company in Hong Kong, apart from obtaining a Certificate of Incorporation, a compliant certificate of incorporation is required. Articles of Association (AA)<\/strong> It is an essential core document, which is commonly known as a \"booklet\".<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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This document is the company's internal \"constitution\", which governs the rights and responsibilities of shareholders and directors, as well as the basic operating rules of the company. Regardless of day-to-day operations, changes in shareholding or major decisions, all must be made in accordance with the Articles of Association to ensure the legality of all actions.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Understanding the contents of your Articles of Incorporation is far more practical and important for business owners than one might think.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Core Content and Mandatory Provisions of Articles of Association (AA)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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According to the Hong Kong Companies Ordinance (Cap. 622), the Memorandum of Association (MA) is a statutory document at the time of registration and must be filed by all limited companies at the time of incorporation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Since the implementation of the new Ordinance in 2014, the original Memorandum and Articles of Association (M&A) has been simplified into a single Articles of Association (AA).<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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The Memorandum of Association contains a number of provisions which are expressly provided for in the Companies Ordinance.Mandatory terms<\/strong>These are the backbone of every charter:<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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Terms & Conditions<\/th>\nLEGAL BASIS<\/th>\nCore Content and Requirements<\/th>\n<\/tr>\n<\/thead>\n
Company Name<\/strong><\/td>\nSection 81 of the new CO<\/td>\nThe registered name of the company in English and Chinese must be clearly stated.<\/td>\n<\/tr>\n
Members' Liability<\/strong><\/td>\nSection 83 of the new CO<\/td>\nIt must be declared that the legal responsibilities of the members (shareholders) of the company arerestricted<\/strong>\u3002<\/td>\n<\/tr>\n
Forms and Sharing of Responsibility<\/strong><\/td>\nSection 84 of the new CO<\/td>\nTo specify the maximum liability of the shareholders (e.g. to the extent of the unpaid amount of the share) or the amount of the guarantee.<\/td>\n<\/tr>\n
Equity and Initial Shareholding<\/strong><\/td>\nSection 85 of the new CO<\/td>\nThe total share capital of the company and the initial allotment of shares shall be stated.<\/td>\n<\/tr>\n
Our Mission<\/strong><\/td>\nSection 82 of the new CO<\/td>\nGeneral companies can choose whether or not to list; however, if the word \"Limited\" is omitted from the application for a license, it must be listed.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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In addition to the above statutory provisions, a company's articles of association will usually contain a series ofInternal Management Details<\/strong>It is used to regulate the day-to-day operation of a company, such as the powers and procedures for the appointment and removal of directors, the manner in which general meetings are convened, the rules for the transfer of shares, the dividend distribution policy, and the appointment of the company secretary.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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Why is it important? Six Practical Uses of Articles of Association<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Many business owners leave their bylaws unattended once the company is formed, not realizing that this document plays an integral role in many key aspects of the business life cycle.<\/p>