Looking to register a corporate advisory services company or modify your MOA? Here’s how to define the main object clause effectively.
When establishing a corporate advisory services business in India, drafting the correct main objects clause in your Memorandum of Association (MOA) is a critical step. This clause outlines the primary activities your company will undertake and ensures legal clarity during company incorporation or while altering the MOA under the Companies Act, 2013.
Whether you’re a startup founder, entrepreneur, or a practicing professional looking to help your client with company registration, having a well-drafted main object clause for corporate advisory services is essential for both compliance and business clarity.
Why is the Main Object Clause Important During Company Incorporation in India?
The main object clause in the MOA legally defines what your company is formed to do. It serves the following purposes:
- Ensures your business operates within the scope defined in the MOA.
- Helps regulatory authorities like the ROC (Registrar of Companies) assess your company’s purpose.
- Is essential for banking, licensing, and tender-related documentation.
- Required when you’re applying for changes in business activity or alteration of the MOA.
Sample Main Objects for Corporate Advisory Services Business
You can use the following sample object clause for MOA during incorporation or while modifying your existing object clause:
Comprehensive Corporate Advisory Services
To carry on the business of providing corporate advisory services, including but not limited to business consultancy, financial and management consulting, strategic advisory, mergers and acquisitions advisory, corporate restructuring, project finance advisory, due diligence services, investment advisory, and related professional services to individuals, companies, LLPs, partnerships, and government bodies in India and abroad.
Business Strategy, Risk & Compliance Advisory
To act as consultants and advisors in all matters relating to business administration, corporate strategy, financial planning, risk management, business valuations, regulatory compliance, and to provide services in connection with setting up of new projects, business modeling, feasibility studies, and preparation of business plans and project reports.
Company Incorporation & Legal Compliance Services
To provide end-to-end support for business setup in India including company incorporation, secretarial compliance, legal advisory, statutory filings, and obtaining necessary government registrations, approvals, or licenses.
Investment Advisory Services
To operate as consultants, agents, and advisors in all matters relating to mutual fund distribution, investment advisory, and portfolio management, and to provide expert advice, analysis, and information to individuals, firms, corporations, and governmental bodies in India or abroad, in compliance with SEBI and other regulatory guidelines.
Real Estate Advisory Services
To act as real estate consultants, agents, brokers, and corporate advisors for facilitating investment in real estate projects, conducting feasibility studies, land acquisition advisory, legal due diligence, and real estate project finance consulting, including manpower planning and associated ancillary services.
Financial Services Advisory
To act as intermediaries, consultants, corporate agents, and advisors in all areas of financial services, capital markets, and financial instruments, and to provide services such as risk advisory, manpower planning, financial modeling, and due diligence, including all incidental or ancillary activities required to support such business.
SEBI-Registered Portfolio & Investment Advisory
To carry on the business of Corporate Advisory Services, including acting as SEBI-registered Portfolio Managers or Investment Advisors, offering services such as wealth management, brokerage, merchant banking, issue management, market making, and investment consultancy in India and internationally.
End-to-End Corporate Strategy & Financial Advisory
To provide comprehensive advisory services across financial, strategic, operational, legal, and regulatory domains, including but not limited to mergers and acquisitions, IPO advisory, capital structuring, private equity, debt restructuring, project management, HR advisory, environmental compliance, and business transformation consulting.
Startup Advisory & Business Setup Consulting
To offer startup advisory services, including business incorporation in India, obtaining government registrations, licenses, business model validation, pitch deck preparation, investor readiness, funding facilitation, and post-incorporation compliance management for startups, MSMEs, and emerging businesses.
Tax and Regulatory Advisory Services
To provide tax advisory, GST consultancy, income tax filing, corporate taxation planning, transfer pricing services, and representation before tax authorities; and to offer regulatory compliance advisory for FEMA, RBI, SEBI, and other statutory frameworks.
International Business and Cross-Border Advisory
To engage in international business consulting, including foreign company incorporation, setting up liaison/branch/wholly-owned subsidiaries in India, FDI advisory, cross-border transactions, trade finance, and compliance with FEMA, RBI, and international business laws.
Technology and Digital Transformation Advisory
To act as advisors and consultants in the field of technology advisory, digital transformation, business process automation, IT systems implementation, ERP consulting, cybersecurity risk advisory, data privacy compliance, and support services for emerging tech adoption such as AI, blockchain, and IoT.
When to Use or Modify These Object Clauses?
- During new company incorporation for a corporate advisory firm.
- While changing the main object clause of an existing company to expand into consultancy or advisory services.
- When seeking ROC approval for alteration of MOA under Section 13 of the Companies Act, 2013.
Tips for Using These Object Clauses
- Always customize your MOA object clause to reflect the specific scope of services your company intends to offer.
- Ensure compliance with applicable regulatory frameworks like SEBI, RBI, FEMA, etc.
- Any change in the main objects of the MOA requires approval via special resolution and filing of Form MGT-14 with the ROC.
