Presumably you have a home where you live? That's your physical office. And no you don't need a presence in every jurisdiction you serve. Visa payment network serves the world from the US.

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fauigerzigerk 7 hours ago | parent [-]

>Presumably you have a home where you live?

Yes, but not where my customers live. The whole point of "sovereignty" is to serve customers from a location that is bound by the laws of _their_ jurisdiction, not mine.

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msh 7 hours ago | parent [-]

But for that it does not matter that much where the servers are located, more where the company controlling them is located.

	▲	fauigerzigerk 6 hours ago \| parent [-]
		There are quite a few factors that matter. The place where data processing and storage takes place is one of them. It matters who can physically take control of the servers. It matters where the encryption keys are stored. The storage and processing location also matters for compliance with data residency laws. But it's not the only thing I mentioned. Having physical offices and staff in a jurisdiction usually goes along with setting up some sort of legal and taxable entity that has personally responsible directors. The whole issue is very complicated.