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It's not illegal for a company operating in country X to own assert in country Y which would otherwise be illegal in company X. At worst, company X move its headquarter, delegate ownership to a subsidiary, etc.



YANAL. It certainly could be illegal, depending on the law. For instance, it is illegal for American companies to pay bribes in foreign countries (https://en.wikipedia.org/wiki/Foreign_Corrupt_Practices_Act)




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