The Company Limited By Guarantee Memorandum of Association is a crucial document required when establishing a non-profit organization or similar entity in Hong Kong. This document is mandatory under the Hong Kong Companies Ordinance (Cap. 622) and serves as the foundation for organizations that operate without share capital, where members guarantee a nominal amount in case of winding up. It is particularly suitable for charitable organizations, professional bodies, and social enterprises that do not distribute profits to members. The memorandum must contain specific provisions regarding the company's objects, application of income, and member liability, ensuring compliance with both company law and, where applicable, requirements for tax-exempt status under Hong Kong's Inland Revenue Ordinance.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train 蜜桃传媒's AI
You keep IP ownership聽of your docs
Alternatively...
1. Company Name: States the company's full name and specifies that it is a company limited by guarantee
2. Registered Office: Specifies that the registered office will be situated in Hong Kong
3. Objects: Details the purposes for which the company is established, particularly important for non-profit organizations
4. Powers: Lists the powers the company may exercise in pursuing its objects
5. Limitation of Liability: States that members' liability is limited to their guarantee amount
6. Member Guarantee: Specifies the amount each member undertakes to contribute in the event of winding up
7. Application of Income and Property: States how the company's income and property shall be applied, typically specifying non-profit distribution
8. Prohibition of Distribution to Members: Explicitly states that no profits or assets shall be distributed to members
9. Winding Up: Provisions regarding the distribution of assets upon winding up of the company
1. Amendments to Memorandum: Specifies procedures for amending the memorandum, used when additional flexibility in amendment procedures is desired
2. Restrictions on Changes to Objects: Added when there's a need to protect certain fundamental objects from easy modification
3. Language: Specifies the prevailing language of the memorandum when multiple language versions exist
4. Tax Exemption Provisions: Specific provisions to comply with Inland Revenue requirements for tax-exempt status, used when seeking charitable/tax-exempt status
5. Membership Categories: Defines different classes of membership if the organization requires varied membership structures
6. Governing Body Structure: Outlines basic structure of the governing body, used when specific governance requirements need to be enshrined in the memorandum
1. Statement of First Members: Lists the founding members and their respective guarantee amounts
2. Specified Objects: Detailed enumeration of the company's objects, particularly useful for complex organizations with multiple purposes
3. Powers Schedule: Comprehensive list of specific powers granted to the company to achieve its objects
4. Initial Council Members: If applicable, lists the first council or board members and their details
5. Form of Guarantee: Template of the guarantee commitment by members
Authors
Find the document you need
Profit Sharing Investment Agreement
A Hong Kong law-governed agreement establishing terms for investment returns through profit sharing arrangements, including investment structure, profit calculations, and party obligations.
Download
Pre Emption Rights Shareholders Agreement
A Hong Kong law-governed agreement establishing shareholders' pre-emptive rights for share transfers and related procedures.
Download
Financial Institution Risk Assessment
A regulatory-compliant risk assessment document for financial institutions operating in Hong Kong, following HKMA and SFC requirements.
Download
Supplier Contract Agreement
A Hong Kong law-governed agreement establishing terms and conditions between a supplier and buyer for the provision of goods or services.
Download
Promissory Letter For Hospital Bill
A Hong Kong law-governed formal commitment letter promising payment of outstanding hospital bills, typically used in both public and private healthcare settings.
Download
Hire Purchase Agreement For Car
A Hong Kong law-governed agreement enabling vehicle purchase through installment payments, with ownership retained by the finance company until full payment completion.
Download
Facility Rental Agreement
A Hong Kong law-governed agreement setting out terms and conditions for facility rental, including usage rights, obligations, and liabilities between facility owner and renter.
Download
Dealer Termination Letter
A Hong Kong law-governed letter formally terminating a dealer agreement, specifying termination terms and post-termination obligations.
Download
Lease Guarantee Agreement
A Hong Kong law-governed agreement where a guarantor provides security for a tenant's obligations under a lease, ensuring the landlord's interests are protected in case of tenant default.
Download
Bank Guarantee Agreement
A Hong Kong law-governed agreement where a bank guarantees payment to a beneficiary upon specified conditions or default, structured under Hong Kong's banking and financial regulations.
Download
Simple Trust Agreement
A Hong Kong law-governed agreement establishing a trust relationship between settlor, trustee(s), and beneficiaries, defining asset transfer and management terms.
Download
Company Limited By Guarantee Memorandum Of Association
A constitutional document under Hong Kong law that establishes a company limited by guarantee, typically used for non-profit organizations, defining its objects, powers, and member guarantees.
Download
Equipment Lease Termination Letter
A Hong Kong law-governed letter formally terminating an equipment lease agreement, specifying termination terms and equipment return arrangements.
Download
Funding Request Proposal
A formal business proposal document under Hong Kong law used to request and secure funding from potential investors or lenders, outlining business plans and financial requirements.
Download
Debt Factoring Agreement
A Hong Kong law-governed agreement establishing terms for the purchase of trade receivables by a factor from a business client, including assignment mechanics and risk allocation.
Download
Debt Facility Agreement
A Hong Kong law-governed agreement establishing terms and conditions for a debt facility between lender and borrower, including facility mechanics, security, and regulatory compliance requirements.
Download
Loan Sharing Agreement
A Hong Kong law-governed agreement that establishes the framework for sharing loan exposure among multiple financial institutions, defining rights, obligations, and economic interests of all participating parties.
Download
Loan Collateral Agreement
A Hong Kong law-governed agreement establishing security interests over collateral to secure loan obligations, detailing creation, perfection, and enforcement rights.
Download
Loan Settlement Agreement
A Hong Kong law-governed agreement that documents the terms for settling an existing loan obligation, including settlement amount, payment terms, and release provisions.
Download
Family Loan Agreement
A Hong Kong-governed agreement that formalizes and documents the terms of a loan between family members, ensuring legal protection while maintaining familial considerations.
Download
Loan Extension Agreement
A Hong Kong law-governed agreement that extends the term of an existing loan and updates relevant loan terms.
Download
Tripartite Contract
A Hong Kong law-governed agreement establishing legal relationships and obligations between three parties, with specific provisions for multi-party rights and responsibilities.
Download
Trade Contract
A Hong Kong law-governed contract establishing terms and conditions for commercial trade transactions between parties.
Download
Purchase Order Contract
A legally binding commercial agreement under Hong Kong law that formalizes the purchase and sale of goods or services, combining purchase order elements with comprehensive contractual provisions.
Download
Loan Agreement Form
A Hong Kong law-governed loan agreement template setting out comprehensive terms for lending arrangements, compliant with local regulations and market practice.
Download
Lease To Own Agreement
A Hong Kong law-governed agreement combining property lease terms with a future purchase option, allowing tenants to rent with the right to buy.
Download
Senior Advisor Agreement
A Hong Kong law-governed agreement establishing terms for senior advisory services, including scope, compensation, and obligations.
Download
骋别苍颈别鈥檚 Security Promise
蜜桃传媒 is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your data is private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on 蜜桃传媒 is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
