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1. Parties: Identification of all partners with their full legal names, addresses, and national ID/commercial registration numbers
2. Background: Context of the partnership formation and brief description of partners' intention to enter into the partnership
3. Definitions: Definitions of key terms used throughout the agreement
4. Partnership Structure: Legal form of partnership, business address, and registration details
5. Purpose and Scope: Detailed description of partnership's business activities and objectives
6. Capital Contribution: Details of each partner's capital contribution, whether monetary or in-kind
7. Profit and Loss Distribution: Agreement on how profits and losses will be shared among partners
8. Management and Control: Partnership management structure and decision-making processes
9. Partners' Rights and Obligations: Detailed responsibilities and rights of each partner
10. Banking and Financial Matters: Banking arrangements, financial year, accounting practices
11. Duration and Termination: Partnership term and conditions for termination
12. Dispute Resolution: Procedures for resolving disputes between partners
13. Governing Law: Confirmation of Saudi law application and Sharia compliance
14. Notices: Process for formal communications between partners
15. General Provisions: Miscellaneous legal provisions including amendments, severability, and entire agreement
1. Non-Competition: Restrictions on partners engaging in competing businesses - include when partners have other business interests
2. Intellectual Property Rights: IP ownership and usage rights - include when the partnership involves creation or use of intellectual property
3. Death or Incapacity: Procedures following death or incapacity of a partner - particularly important for family businesses
4. Insurance: Insurance requirements - include when partnership has significant assets or operational risks
5. Employee Matters: Employment policies and procedures - include when partnership will have employees
6. Foreign Investment Provisions: Special provisions for foreign partners - include when any partner is non-Saudi
7. Zakat and Tax Matters: Detailed tax planning arrangements - include for complex tax structures or foreign partners
1. Schedule 1: Capital Contributions: Detailed breakdown of each partner's capital contribution including valuation of non-cash assets
2. Schedule 2: Business Plan: Initial business plan and financial projections
3. Schedule 3: Management Structure: Detailed organizational chart and management responsibilities
4. Schedule 4: Property Details: Details of any property owned or leased by the partnership
5. Schedule 5: Intellectual Property: List and details of any IP rights owned or used by the partnership
6. Appendix A: Partner Information: Detailed information about each partner including contact details and representatives
7. Appendix B: Required Licenses: List of necessary licenses and permits for the partnership's operations
Professional Services
Real Estate
Trading
Manufacturing
Construction
Technology
Healthcare
Retail
Hospitality
Consulting
Education
Agricultural
Transportation
Financial Services
Legal
Corporate Affairs
Finance
Compliance
Risk Management
Business Development
Operations
Board of Directors
Executive Leadership
Administrative
Business Owner
Managing Partner
Legal Counsel
Chief Executive Officer
Chief Financial Officer
Company Secretary
Business Development Manager
Corporate Lawyer
Compliance Officer
Risk Manager
Finance Director
Operations Manager
Managing Director
Board Member
Commercial Director
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