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If you want to start a business or are already a shareholder, you should know how the Articles of Association work. The Articles of Association are a contract between a company’s shareholders and the company itself. They are a set of rules that govern how the business should be run. While the directors of a company do not sign the Articles, their duties as directors bind them to them during the operation of the company. Articles of Association are required for all companies and are registered at Companies House when the company is formed. The Articles of Association, along with the Memorandum of Association, form the foundation of the company’s “constitution.” The Articles do not have to take any particular form, but they must include certain provisions by law. In reality, most businesses are established using standard or ‘model’ articles created for this purpose and made available online. The model articles differ depending on the type of company being established. ...