Nationality in times of economic and political turbulences1
Boris Gehlen, Christian Marx and Alfred Reckendrees
Corporate nationality defined by the place of incorporation or by the location of central administration/headquarters (‘real seat’) is back on the agenda. The ‘passport’ determines which jurisdictions, laws, and legal systems the parent MNE (multinational enterprise, multinational company) and its foreign affiliates are subject to and whether a firm has access to diplomatic protection guaranteed by International Investment Agreements. The Russian war on Ukraine since February 2022, growing political tensions between the USA and China, the brittleness of global supply chains, and exposure to unknown risks that the global Covid-19 ...
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