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> headquarters What does it mean to "have a headquarter" in 2023?
by ur-whale 4y ago
> headquarters
What does it mean to "have a headquarter" in 2023?
- mytailorisrich 4y agoA company is a legal entity with registration and address (even if that is not necessarily the address of their actual office). At least in some jurisdictions it is actually mandatory to have this info on the company's website so that people can know who they are doing business with and also where to serve legal documents. Any website that goes to some effort not to disclose anything has to raise a massive red flag.
- ratg13 4y agoI can only imagine that bitcoin and cryptocurrencies have somehow given people the impression that laws and taxes are optional. I mean, they are optional, if you are thief or criminal, but perhaps I've given the answer away.
- ur-whale 4y agoThe point I was trying to make is that a company's "headquarters" means nothing other than the place they're incorporated. That "place of incorporation" is a very fluid thing, as it can be changed very quickly to adapt to changing regulations and optimize for rapid changes in the business ecosystem a company operates in. And therefore: it doesn't mean much. What really matters is: - the company's assets financial and non-financial and what jurisdiction has sway over them. - the people who control the company and what jurisdiction has sway over them - the company's customers and what jurisdiction has sway over them In 2023, the people controlling the company may be very mobile as CP has amply demonstrated, the assets can be very hard to control (damn near impossible if crypto, and still quite hard if cash and cash-like). Where the headquarter actually is is IMO of precious little importance.