It seems overkill for what is actually a pretty tiny company - I doubt they would be big enough to trigger those sort of incentives, at least for the UK and Singaporean entities (Latvia or Turkey might, I suppose, be different - but then why bother routing it through the UK?).
I'd guess that the happy case is going to be that, yes, this structure was forced on them as a by-product of sanctions or similar negative trade policies. But I'd be worried that the software business is actually a front for something else, which would suggest that OnlyOffice might be more vulnerable to changes in legal climate than most other projects of that size.
I'd guess that the happy case is going to be that, yes, this structure was forced on them as a by-product of sanctions or similar negative trade policies. But I'd be worried that the software business is actually a front for something else, which would suggest that OnlyOffice might be more vulnerable to changes in legal climate than most other projects of that size.