Companies Law
Art. 175Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
1. Interests shall entail equal rights to net profit and liquidation surplus, unless
the company’s articles of incorporation stipulate otherwise.
2. The general assembly shall determine the percentage of the net profit to be
distributed to the partners after deducting reserves, if any.
3. A partner shall be entitled to his share of the profits pursuant to a decision
issued by the general assembly or the partners in this regard. Such decision
shall determine the eligibility and distribution dates.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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