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1. Parties: Identification of all partners, including full legal names, addresses, and registration details for corporate partners
2. Background: Context of the partnership formation, including the business purpose and intentions of the parties
3. Definitions: Key terms used throughout the agreement, including technical, financial, and legal terminology
4. Partnership Structure: Legal form of partnership, registration details, and compliance with Saudi Companies Law
5. Business Purpose: Detailed description of partnership's business activities and scope, ensuring Sharia compliance
6. Capital Contributions: Details of initial and ongoing capital contributions, including valuation of non-cash contributions
7. Profit and Loss Sharing: Distribution of profits and losses, including Zakat considerations and dividend policies
8. Management and Control: Partnership management structure, voting rights, and decision-making processes
9. Partner Rights and Obligations: Detailed responsibilities and rights of each partner, including operational involvement
10. Financial Management: Banking, accounting practices, financial reporting, and audit requirements
11. Transfer of Partnership Interests: Rules for transferring partnership shares, including pre-emptive rights and restrictions
12. Term and Termination: Duration of partnership and circumstances allowing termination or withdrawal
13. Dispute Resolution: Procedures for resolving disputes, including Saudi court jurisdiction and alternative resolution methods
14. Governing Law: Confirmation of Saudi law application and Sharia compliance requirements
15. General Provisions: Standard clauses including notices, amendments, and severability
1. Foreign Investment Provisions: Required when any partner is non-Saudi, addressing SAGIA requirements and foreign investment regulations
2. Intellectual Property Rights: Needed when the partnership involves significant IP assets or technology transfer
3. Non-Competition: Restrictions on partners' involvement in competing businesses, if agreed upon
4. Employee Matters: Required when partnership will have significant employment operations, addressing Saudization requirements
5. Religious Observance: Specific provisions for business operations during prayer times and religious holidays
6. Succession Planning: Required for family businesses or when specific succession arrangements are needed
7. Environmental Compliance: Needed for partnerships in industries with environmental impact
8. Technology and Data Protection: Required when partnership involves significant digital assets or personal data processing
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's initial and committed capital contributions
2. Schedule 2: Business Plan: Initial business plan including financial projections and operational strategy
3. Schedule 3: Partner Information: Detailed information about each partner, including corporate structure for company partners
4. Schedule 4: Key Personnel: List of key management personnel and their roles
5. Schedule 5: Assets Schedule: Inventory of partnership assets including valuation
6. Appendix A: Partnership Certificate: Official partnership registration documents and licenses
7. Appendix B: Special Resolutions: Pre-agreed special resolutions or partner decisions
8. Appendix C: Power of Attorney: If required, powers of attorney for partnership operations
Manufacturing
Real Estate Development
Technology and Digital Services
Professional Services
Trading and Distribution
Construction and Engineering
Healthcare Services
Education and Training
Financial Services
Retail and Consumer Goods
Energy and Utilities
Tourism and Hospitality
Agriculture and Food Production
Logistics and Transportation
Mining and Natural Resources
Legal
Corporate Affairs
Compliance
Finance
Business Development
Operations
Risk Management
Strategy
Investment
Corporate Governance
Partner Relations
Commercial
Chief Executive Officer
Managing Director
Legal Counsel
Business Development Manager
Chief Financial Officer
Corporate Secretary
Compliance Officer
Investment Manager
Partner Relations Manager
Operations Director
Risk Manager
Strategy Director
General Counsel
Commercial Director
Board Member
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