I assume you mean well, but it’s not about your residence (or for businesses the place where they are incorporated) but rather where you do business. Just because I’m in California doesn’t mean I can do business in the EU without complying with their laws. Same goes for Chicago.
You’re not required to do business there, but they can fine you for non-compliance if you are doing business.
Note: all of this is in reference to “software companies” as the GP said, and doesn’t touch on “corporate nexus” and stuff like that.
You’re not required to do business there, but they can fine you for non-compliance if you are doing business.
Note: all of this is in reference to “software companies” as the GP said, and doesn’t touch on “corporate nexus” and stuff like that.