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The Article of Association (AOA) is a legal document that describes the rules and regulations for managing a private limited company. It explains the internal organization of the business, the responsibilities of the directors, the rights of the shareholders, and the procedure for making decisions. Alongside the Memorandum of Association (MOA), the AOA allows effective business operations. It contains information about voting rights, meetings, income distribution, and share transfers. Every private limited business has to follow by its AOA, and any modifications need shareholder and legal authority approval.
