Yes. Article 13 of the Saudi Companies Law explicitly allows a partner or shareholder's contribution to be in cash, in-kind (assets), or a combination of both. In-kind contributions can include physical property, equipment, intellectual property rights, or other valuable assets. However, joint-stock companies and simplified joint-stock companies have additional rules governing in-kind contributions, so check the specific provisions applicable to your chosen company form.
Article 14 further details how in-kind contributions must be handled. If your contribution involves a transfer of ownership, usufruct (right of use), or another in-kind right, you must deliver it in accordance with the terms of the relevant contract type (e.g., sale or lease). Until the asset is formally transferred, you bear the risk if it is lost or damaged — the company will not absorb that risk until delivery is complete.
Critically, Article 15 warns that if a partner fails to provide their pledged contribution within the specified timeframe, the company has the right to take legal action, including potentially forcing the contribution or seeking damages. As an expat, ensure that any in-kind assets you intend to contribute are properly valued, documented, and transferred on time to avoid personal liability and protect your standing in the company.
This is general legal information, not legal advice. For advice on your specific situation, consult a lawyer licensed in Saudi Arabia.