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Glossary

MOA

What MOA means, where you will meet it and what it means for your business.

Written by the BizExpress team. Last updated 19 September 2026.

DefinitionThe Memorandum of Association (MOA) is a company's charter document, stating its name, registered state, objects, liability of members, authorised capital and the first subscribers to its shares.

The MOA defines what the company is and what it may do. Its object clause matters most: the company can carry on only the business described there, so a startup that pivots from software to hardware may need to amend it by special resolution and Form MGT-14. The capital clause fixes authorised capital, and the subscription clause lists the founders, their shares and their signatures, which is why every subscriber needs a DSC at incorporation. You file the MOA electronically as INC-33 with SPICe+ and receive it stamped with the Certificate of Incorporation. You meet it again when opening a bank account, raising capital, changing the name or objects, or answering investor diligence. What it means for you: write the objects broadly enough to cover adjacent businesses, and keep the stamped copy safe.