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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 all or any of the businesses of dry cleaners, launderers, dyers and laundry sundriesmen and the business of repairing tailors and a valeting service; to dye, colour, bleach, wash, clean, dry, press, disinfect, renovate, waterproof and prepare for use articles of wearing apparel, household, domestic, or other linen, silk, cotton, woollen and fibrous goods, clothing and fabrics of every description, upholstery, carpets, furniture and other articles and substances, domestic or otherwise.
2. To carry on business as manufacturers, producers, processors, makers, convertors, importers, exporters, traders, buyers, sellers, retailers, wholesalers, suppliers, indenters, packers, movers, preservers, stockists, agents, sub-agents, merchants, distributors, consignors, jobbers, brokers, concessionaires or otherwise deal in chemicals, dyestuffs, detergents, soaps, disinfectants, and dyeing, bleaching, cleaning, dressing, finishing and other plant, machinery and apparatus; and all materials and substances capable of being used for the purposes of the above-mentioned businesses or any of them, or likely to be required by any of the customers of the company.
3. To carry on all or any of the businesses usually carried on by dry cleaners, dyers and launderers of man-made fibers woollen, silken and cotton bearing apparels and clothing or cloths of every and all kinds of descriptions.
4. To control, manage on payment of commission or otherwise drycleaning and washing plants and businesses of all kinds which may be deemed necessary or convenient for the running of any business which the company is authorised to carry on.
5. To construct, erect, work, maintain, improve, alter or assist in the erection, construction, working, maintenance, improvement or alteration of any buildings, drycleaning plants or machinery or soaps and factories, plants, works, cars, wagons, lorries, carts and other works and to contribute to the expenses of constructing, improving, maintaining, working and repairing any of the same.
6. To purchase, sell, manufacture, import, export or otherwise deal in all types of drycleaning plants, dryers, steam presses and household washing machines.
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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