Algeria introduced new beneficial ownership register requirements through Executive Decree No. 23-429 of 29 November 2023, which apply to legal entities incorporated under Algerian law. Under the new requirements, Algerian legal entities must submit information to the Trade Registry administration on the identity of individuals who directly or indirectly hold at least 20% of the share capital or voting rights in the legal entity, or otherwise exercise control over the legal entity. Legal enti…