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# What is a Memorandum of Incorporation (MOI)?

**Memorandum of Incorporation (MOI)**

A Memorandum of Incorporation (MOI) is defined as a public document which sets out the rights, obligations and responsibilities of Shareholders, Directors, and Prescribed officers of the company and other matters as defined in the Companies Act. 

Reference:  [CIPC MOI AMENDMENTS & COMPANY SHARES](https://www.cipc.co.za/wp-content/uploads/2022/08/MOI_and_Shares_Pres.-1_002.pdf) 