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@alexbloor As a EU citizen currently "employed" by a US company - you cannot employ people across the ocean without a subsidiary. The only other way is for these "employees" to be freelance contractors. In many ways that is worse for the employees, so this checks out for me.
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@alexbloor Don't know Nominet, who they are and what they do, so I can't comment on any potential abuse, but this is a legit thing to do if you employ people in multiple nations.