A basic Nigerian articles of association you can customize and download in minutes

Articles of association are the rulebook for how a company is run - its internal constitution. This template is a basic, plain-English format for a Nigerian private company limited by shares, drafted on the standard structure used for Corporate Affairs Commission (CAC) registration and aligned with the Companies and Allied Matters Act, 2020 (CAMA). It sets out the company's share capital, the private-company restrictions, how shares are transferred, how meetings are run and votes are counted, the appointment and powers of directors, dividends, accounts, and the subscribers who form the company.

Just answer a few simple questions - the company name, the share capital and shares, the meeting and board quorums, the minimum number of directors, and the subscribers — and your personalized articles of association are generated instantly, ready to download as PDF or Word for use in incorporating or updating your company.

What this articles of association includes

- A clear preliminary clause naming the company and confirming it is a private company limited by shares governed by CAMA 2020

- The private-company restrictions under section 22 of the Act - the 50-member limit, restricted share transfers, and no public invitation

- Share capital and shares, with a pre-emption right on new issues (section 142 of the Act)

- Transfer and transmission of shares, including the directors' discretion to decline a transfer, and alteration of capital

- General meetings (annual and extraordinary), notice periods, quorum and voting on a show of hands or poll

- Directors - minimum number (with the single-director option for a small company), appointment, remuneration, powers, duties under the Act, and board meeting quorum

- A company secretary clause (noting a small company need not have one), dividends and reserves, accounts and audit, and a common seal / execution clause

- Notices, winding up, an indemnity for officers, and a subscription and execution block with the subscribers, their shares and a witness

How to create your articles of association

1. Open the template and click Generate.

2. Answer the guided questions - the company name, share capital and shares, quorums, minimum directors, and the subscribers.

3. Generate the document - your details are merged into the articles automatically.

4. Review and download as PDF or Word, then use them with your memorandum of association for CAC registration (or to update your company's constitution).

Who is this articles of association for?

Founders and small businesses incorporating a private company limited by shares in Nigeria, and existing companies that want a clean, standard set of articles. It pairs with a memorandum of association and is designed for straightforward companies; for special share classes, investor rights or complex governance, you can build on it or ask a lawyer to tailor it.

Disclaimer: This template is provided for convenience and general information only and is not legal advice. Company incorporation in Nigeria is governed by CAMA 2020 and CAC regulations, and the CAC may prescribe or require particular model articles and formats. For companies with special rights, multiple share classes, or unusual arrangements, have your articles reviewed by a qualified Nigerian corporate lawyer before filing.

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What's included

- Professional formatting and layout

- Easy customization with guided questions

- Multiple export formats: pdf, docx

- Basic articles aligned with CAMA 2020 and CAC practice

- Instant download after generation

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Articles of Association Template (Nigeria)