01
Document overview
Requires companies to maintain a beneficial-owner register, update changes and appoint a resident contact for authority requests.
02
Scope and exclusions
Applies to
Applies to commercial companies and relevant corporate records, which must be retained at the head office for the prescribed period.
Limitations and exclusions
Where no beneficial owner is identified, senior-management rules apply; this does not replace banks' and other obliged persons' AML/KYC checks.
04
Official source
Ministerial Decision 424/2023 · repeals Ministerial Decision 630/2022 · Ministry of Commerce, Industry and Investment Promotion / MJLA
September 13, 2026
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