UAE Civil Transactions Law

Article 607

Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Five: Company Contract · Part One: General Provisions · First: The Contributions

1. The capital of the company shall consist of cash contributions and in-kind contributions of assessed value. The contribution of a partner to the capital of the company may also be in the form of services. 2. The partners' contributions to the capital of the company may be equal or unequal. 3. The contribution of a partner to the capital of the company may not be limited to their influence or the financial standing they enjoy. 4. A debt owed by a third party may not constitute a contribution to the capital of the company.

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