EYEY

Algeria | Registration of beneficial owners has upcoming deadline

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Algeria

Legal entities established in Algeria prior to the publication of Executive Decree No. 23-429 of 30 November 2023 face a 30 November 2024 deadline to comply with certain ownership reporting obligations.

Executive Decree No. 23-429 of 30 November 2023 introduced the public register of beneficial owners for legal entities incorporated under Algerian law. Legal entities set up prior to the date of pub…