I agree, but at the same time repeated connections between entities in different jurisdictions can increase perceived risk. Even if everything is compliant, the lack of clarity makes outsiders cautious. People tend to associate layered ownership with avoidance of oversight, whether accurate or not. That is why transparency becomes important. If documentation is available and consistent, concerns usually reduce. Without that visibility, discussions naturally lean toward uncertainty because observers cannot easily separate normal international business practice from potential irregularities.