The Long MOI (Memorandum of Incorporation)
We can setup your Custom MOI to ensure your company's legalities are covered within 2 weeks - for only R4990.
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A Memorandum of Incorporation (MOI) can be described as the shareholders ‘control document’ that defines the company’s authority levels as well as the respective roles and rights of shareholders and directors as well as any other positions within a company. It is also the code of corporate governance for a company. It shows to third parties if the company has any limiting conditions. It is a way of keeping the leaders within a company accountable. The Memorandum of Incorporation replaces the Previous Articles and Memorandum of Association. All companies are required to have a MOI and in most situations, companies will be making use of a Standard MOI that is given by CIPC – it is included in all of our Company Registration Packages. If your company setup is more complicated, the Long Standard / Custom MOI format could be a great option to follow.
Our Premium Service Advantages
Our MOI Service will:
- Enable you to create a tailor-made Memorandum of Incorporation (MOI).
- Allo you to meet the unique needs/preferences of your company, the shareholders, directors and stakeholders.
- Allow you to decrease the commercial and legal risk of directors in your company.
Find the right service for you
Custom MOI
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Custom MOI
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Main Requirement: Registered Company
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Timeframe: 3-10 days
MOI Registration
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MOI Registration at CIPC
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Main Requirements: (1) ID Number / Passport; (2) Long / Custom MOI
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Timeframe: 25-30 days
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FAQ's & Info on MOI's in South Africa
More FAQ's & Info on MOI's:
What are the Advantages of the MOI / Memorandum of Incorporation?
Is it worth looking at the advantages of a customised Memorandum of Incorporation? With a customised Memorandum of Incorporation you can create a tailor-made Memorandum of Incorporation (MOI) that will be able to meet the unique needs and preferences of your company, the shareholders, directors and also the stakeholders. This is a way that can be used to decrease the commercial and legal risk of directors in a company.
The DTI through the Companies and Intellectual Property Commission (CIPC) have the following standard MOI’s:
- CoR 15.1A Short Standard MOI form for Private Companies (free and included in all our packages)
- CoR 15.1B Long Standard MOI form for Private Companies
- CoR 15.1C Short Standard MOI form for Non-Profit Companies without members
- CoR 15.1D Long Standard MOI form for Non-Profit Companies without members
- CoR 15.1E Long Standard MOI form for Non-Profit Companies with members
We can supply you with these ‘Standard’ MOI’s at no cost upon company registration. With the Memorandum of Incorporation document, you are able to modify several provisions that are set out in the Companies Act, No 71 of 2008. The company can decide which of these provisions to add, to be the best fit for the purpose of the company.
What are the Provisions of the Long Standard MOI or a Custom MOI?
Here are some clauses that are not included in the standard short and long form Memorandum of Incorporation.
- Which Provisions are ring-fenced (RF)
- Transparency, accountability and integrity of Companies
- Finances and Distributions
- Enhanced accountability and transparency for companies requiring an audit
- Fundamental Transactions, Takeovers and Offers
- Clarification of Unauthorised Shares
- Issuing of Securities
- Power of the board to make rules
- Corporate Governance
- Percentage for Resolutions
Is it better for my Company?
A Memorandum of Incorporation is currently required when registering any company under the Companies Act. For companies that currently have a Memorandum of Association, they will need to replace it with a Memorandum of Incorporation to bring the company up to speed with the Companies Act. We can assist you with this by registering your Memorandum of Incorporation with the Companies and Intellectual Property Commission (CIPC).
