Companies Law
Art. 24Status unknownSaudi ArabiaRegulation
Issued by Ministry of Investment (misa.gov.sa)
If a partner’s contribution is limited to his work and the company’s articles of
incorporation do not provide for his inclusion in the profit and loss sharing ratio,
the partner’s interest in the profits and losses shall be equal to that of the partner
who contributes the least to the company’s capital. If a partner makes, in
addition to work, cash or in-kind contributions, he shall have an interest in the
profits or losses for his work contribution and an interest for his cash or in-kind
contribution.
The Arabic text is the legally binding version. The English translation is provided for guidance only.
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