Unity Technologies was founded in Denmark, but it is now a San Francisco (USA) company. How does that work? Can companies “migrate” to another countries?
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Yes, companies can “migrate”.
“Under the hood”, it’s a company in the new country buying the company in the old country. This can happen when it’s literally a purchase, like when Aldi bought Trader Joe’s, but you can also use this to “move” a company. You create a new company in the destination country, then “sell” the old company to the new one. On paper, the old company dissolved (because it was sold) and the new company comes into being in the new country…it just happens to have all the same employees, products, logos, assets, etc. as the original.
There’s more exotic version, like a “tax inversion” where a company’s local subsidiary “buys” the parent to basically cause the company to change it’s headquarters country.
When a company starts business in another country it actually forms a new company in that country because every country has different laws regulating businesses. So they probably opened a US office under a US business name, then dissolved the company in Denmark. Or the one in Denmark might still exist.
Could also have gotten bought out by a US company or investor.
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