[seydor]

they are not solely for rich and powerful. it s cheap to make a company and for many remote workers its the most sane way to be paid, because tax laws are insanely backwards. The secrecy of UBO is a weird concept though, i agree

[oytis]

Yes, I understand that, but they are also probably not the kind of people who would like their identity hidden. Acting in public while staying anonymous is creating a power disbalance. It can be justified in some cases, like for activists or journalists facing a greater power disbalance, but I can't imagine a good reason for economic activity (other than purely personal consumption) to stay private.