What are the articles of the association?

Every organization has articles of the association, whether they realize it or not. They are simply the basic internal rules of operation for a business or non -profit organization that controls what tasks to be carried out, what positions are required to fulfill the necessary functions and how processes should be carried out.

They often deal with operating questions such as the profession of general meetings and the process of appointment and selection of directors and managers in the organizational structure. These rules also deal with how the company will continue to issue shares of shares, pay dividends to investors and how and when financial records will be carried out.

One of the strengths of the association is that it focuses on content rather than a form. They may include organizational charts, escalating procedures for processing hiring process for higher levels, process charts showing proper process of providing goods and services and simple development diagram for basic accounting procedures such as obligationsand receivables. Normally there is a high flexibility in the way the information contained in these rules may be structured. However, it is important to realize that there must be a formal determination of the association for the purpose of registering a company for business in one or more countries and must address at least minimal questions required by the country's government law.

One of the simplest ways of preparing the association is to simply think about the company's daily operations and define what must happen and what positions are responsible for maintaining movement. The use of this information as a foundation is then easy to think about what process must be introduced to provide the right communicationCivestors of the company and how to replace the headquarters and managers of the highest level if the change is required. Usually a document that is somewhat detailed but also a very healthy reasonable presentation of businessthe purpose of the company.

Not for profitable organizations can also benefit from the preparation of articles of the association. Many countries around the world require non -profit entities to provide these articles before registration for the country. This also applies to not profits, such as religious organizations. In real practice, preparing these instructions simply makes sense, as documents help ensure the effective function of non -profit organizations, which makes the organization easier to achieve more with available sources.