I also live in asia, and many bosses have like 10-20 companies all sorta feeding of each other in the most complex and strange ways. One day I was stepping into the office, and it was just stripped to the ground. “Oh yeah, we moved”… I am not surprised by anything anymore.

Legitimate companies don't have a collection of offshore shells, offices that keep moving, etc. Tax avoidance is real, but if you're seeing dozens of shells trading with each other in ways that don't make any sense, offices moving overnight, you should consider that you're not seeing companies that are on the up and up.

I don't know what sort of work you do/what industry you're in, but that's not how legitimate business operates in the region.

I dunno, they kinda do? Involution

I cant comment on the comment below but… this is the new normal. Everyone is shady. From the bubble teashop francise on the corner to some fancy startup. Do you ever talk with locals?