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Every company's Memorandum of Association (MOA) carries an objects clause, and the main objects sit at its heart. This clause spells out the core business activities your company is formed to undertake - whether that is financial services, manufacturing, trading, or consultancy. The Registrar of Companies examines these objects when you apply for company registration, and banks, investors, and business partners often read them to understand exactly what your company is set up to do.
Getting the main objects right matters. Your company is expected to operate within the activities listed in its MOA, and taking up a completely new line of business later means formally altering the memorandum. The sample clauses below show how main objects are typically worded for this business type. Use them as a drafting starting point, and have a Company Secretary or legal professional review the final version before filing.
1. To carry on at any place or premises all or any of the business of circus, concert, cinema, ballroom, hippodrome, nightclub, superclub and theatre proprietors and agents; box-office keepers, ticket agents, showmen and exhibitors; song, music, play, programme and general publishers and printers; scene, proscenium and general painters and decorators; theatrical and musical agents; and caterers for public and private amusements and entertainments of every description.
2. To carry on the business of proprietors and operators of amusement parks, and as promoters, organisers and managers of all kinds of entertainments, sports, recreations, indoor and outdoor amusements, including funfairs, circuses, amusement arcades, exhibitions, sideshows and games, competitions, tournaments, concerts, cinema and television performance, stage and variety shows, dancing, skating, aquatic and equestrian events, and pyrotechnic, aerial and other displays and to enter into agreements with, grant lease and licences to, and engage and employ showmen, artists, entertainers, performers, sportsmen and other persons for the purpose.
Sample main objects clause for drafting your company's Memorandum of Association (MOA). Have it reviewed by your professional before filing.
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