There are investors who are not entitled to enter into a partnership

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This means that the limited partner does not acquire the status of a merchant, nor does he obtain the right to manage the company or even participate in management. The silent partner also cannot represent the company legally or before others or sign papers on behalf of the general partners. Finally, the silent partner has the right to assign his share in the company to any other partner without referring to the rest of the partners.

Both groups of partners participate in the decisions related to establishing the Phone Number Data company, while other decisions are made through a vote in which only the general partners participate. The management of the limited partnership company is done by selecting one or more joint partners. It is also possible to appoint a manager independent of the partners who will be contracted independently, or agreed upon in the company’s articles of incorporation. Owners of joint liability companies resort to including a limited partner in cases such as expansion or conversion from a joint stock company to a limited partnership. A limited partner is ideal for this type of company because he or she has limited influence over the limited partnership's decisions.



As for investors, they are attracted to joining limited partnership companies because they may be compatible with the nature of their business or other functions. Status because they exercise other functions such as government functions. Finally, the same laws and regulations apply to the limited partnership company that apply to other companies in Saudi Arabia. Note: The limited partnership company was given this name because each team of partners recommends the other to pay off debts and obligations due to their trust in them. Read also: The best business incubators in Saudi Arabia 4. JOINT STOCK COMPANY The Saudi Commercial Law defines a joint-stock company as a company whose capital is divided into shares of equal value and are tradable.