[yieldcrv]

> a branch in Faroe Islands is a condition for applying for a license to provide telecommunications services according to Faroese law.

[nottorp]

Oh, so this is to access the huge Faeroese market. Definitely not for ... creative accounting ... purposes.

[yieldcrv]

even if it was, nation states are in competition with each other to attract business and capital. some jurisdictions are able to balance their budget by successfully doing that. its for nation states to remember, not citizens to show fealty towards

and in that subcontinent, patriotism is often seen as a negative trait outside of football matches