In a sense, Articles of Association is a "Constitution" for a company operation. Definitely it is a very inportant legal documents for all companies.
Articles of association (AOA) should be written guided by Chinese Company Law , Chinese Foreign invested Company Law and other related laws and regulations. In addition, AOA should be drafted in accordeance with the sharweholder agreement and decisions of shareholder meetings.
In general AOA should include the contents as follows,
Part 1 General Provisions
Part 2 Objectives,Scope and Scale of Production and Business
Part 3 Total Investment Amount and the Registered Capital
Part 4 Board of Directors
Part 5 Business Management Office
Part 6 Taxation, Finance and Foreign Exchange Management
Part 7 Distribution of Profits
Part 8 Labor Management
Part 9 Trade Union
Part 10 Insurance
Part 11 Duration, Dissolution and Liquidation
Part 12 Rules and Regulations
Part 13 Supplementary Provisions
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