A constitution is an essential and crucial document that oversees the activities of your company as well as the relationship of your company’s directors and shareholders. Company constitutions specify the rules governing the directors and shareholders in relation to the operations of a company. A constitution will in effect operate as a contract between each shareholder, each director and company secretary, in which they agree to abide by the rules set out in this document. This will also serve to bind current and future shareholders.

Use this Company Constitution if:

• You want to decide how your company is run and governed 

• You have chosen not to adopt the Replaceable Rules provided by the Corporation Act

• You want a more tailored and customisable internal governance approach

What does the Company Constitution Cover?

The following list are some of the main areas that the company constitution will address:

• The company’s structure

• The issue of shares

• Transfer of shares

• Share certificates

• Meeting governance

• Voting procedures

• Directors

• Company secretary 

• Dividends

Further Information:

• What is a Company Constitution?

• Company Constitutions and Replaceable Rules in the Corporations Act