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Why Are Certificate of Memorandum Translation Services Needed?

Why Are Certificate of Memorandum Translation Services Needed?

When running a business, a Certificate of Memorandum is a crucial piece of legislation. It contains the foundations of a company and is needed to ensure you can get your business up and running. Translating this document requires skill and accuracy and should be overseen and completed by a professional company, such as Absolute Translations. Our team have over 20 years of experience delivering Certificate of Memorandum translation services, and, with our help, companies have gained advantages in the early stages of becoming legitimate businesses.

What is a Certificate of Memorandum?

In the UK, companies are required to have both a Certificate of Memorandum and Articles of Association to become registered and incorporated at Companies House. Unfortunately, without these vital documents, a company cannot be officially legitimate. The Certificate of Memorandum is a single page, legal statement that contains the following:

-Company name

-Type of company

-Date of incorporation

-Act under which the company is registered

-Names and signatures of all subscribers (shareholders and guarantors)

-Limited liability of shareholders or guarantors

Is a Memorandum of Association the same as Articles of Association?

Despite sounding fairly similar, these are actually two different things. A Memorandum of Association confirms that the members wish to form the company under the Companies Act. This document must be in a prescribed form, and it must be authenticated by every subscriber. Memorandums include a statement of compliance, and they must be delivered to Companies House together, along with an application to register the company. Alongside this, businesses should also send their Articles of Association.

Articles of Association relate to how a business is run and owned. These documents can put restrictions on the companies’ power and can prevent directors pursing any actions without their shareholders’ approval.

Do all companies need a Certificate of Memorandum?

If you are a company owner, then these should already be in place. However, if your business isn’t incorporated, you don’t need to worry about Certificate of Memorandum, unless you are planning on incorporating your company. Businesses that are looking to start operating abroad will also need these documents and can utilise Certificate of Memorandum translation services to assist with this. Absolute Translations can offer a smooth and easy translation process.

Certificate of Memorandum Translation Services at Absolute Translations

These types of documents contain legal terminology that, unless translated by a professional, may be misunderstood. The team at Absolute Translations have a wide range of experience across many industries, including legal, which allows them to translate Memorandum’s for companies with ease.

If you would like to find out more information about any of our Certificate of Memorandum translation services, then why not get in touch with our team today on 0333 577 0767. Alternatively, you can e-mail main@absolutetranslations.com.

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