The Memorandum Of Association specifies the name of the Company, the names of its members (shareholders) and the number of shares held by them, as well as the location of their registered office. It also specifies the objectives of the company, the authorized share capital, the members' liability for shares or guarantees, and the type of contracts that the company may enter into. The legalization of this document is required when the company aims to release its product abroad. Also, when a company wants to open a branch in a specific country, it needs to produce this document to the embassy.
The Memorandum Of Association is used to let a potential customer know the cost of the goods or services before deciding to buy them. When a seller sends a quote, he commits them to a certain price. This is the reason why quotes are used mainly when costs are relatively stable, and the services/goods that will be provided can be accurately estimated (labour, cost of raw materials, etc.). Memorandum Of Association certificate can also indicate a specific period for which it is valid, 30 days. In addition, a project or service Memorandum Of Association can include an explanation of how any request for modifications in product or service will affect the price once the project is underway.
Whenever one needs an Memorandum Of Association attestation, it is always challenging for individuals but as mentioned, PEC is trustworthy organisation for commercial document legalisation. We understand customers’ concerns about attestation of commercial documents. Additionally, we are renowned service provider in India and we provide pickup and drop facility too. Take advantage of the best in class services for your legalization needs plus you can find all the details regarding your legal document attestation here.
Below is the process for Embassy attestation: