Do you know what an MOA is?
Memorandum of Association (MOA) โ The Term
Known as the companyโs charter, the Memorandum of Association is the legal document defining a companyโs relations with shareholders and highlighting its objectives during the formation and registration procedure.
One must note that a company can act following the activities drafted in the MOA and engage in only those set in the Memorandum. It is where the MOA draws a limit beyond which a company is not permitted to act anymore.
