UAE Civil Transactions Law

Article 610

Book Two: Nominate Contracts · Section One: Contracts of Transfer of Ownership · Chapter Five: Company Contract · Part One: General Provisions · Third: Profits and Losses

1. Profits and losses shall be distributed in the manner set out in the company's contract. 2. If the company's contract does not specify the share of each partner in the profits and losses, they shall be distributed in proportion to each partner's share in the capital of the company. 3. If the contract only specifies the partner's share in the profit, their share in the loss shall be equal thereto. 4. If a partner's contribution is limited to their services, their share in the profit and loss shall be assessed in proportion to the benefit derived by the company from such services. If, in addition to their services, the partner contributes cash or any other property, they shall be entitled to a share in respect of their services and another share in respect of what they have contributed in addition thereto.

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