Alqanoni

Companies Law

Art. 199
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (misa.gov.sa)

Applicability of Provisions Relating to Company Form 1. Absent a specific provision in this Part, a professional company shall be subject to the provisions governing its form in a manner not inconsistent with its nature. Companies Law 2. A partner or shareholder in a professional company, of any form, shall not acquire the capacity of a merchant by virtue of his partnership or ownership of interests or shares in the company.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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