[rupi]

This is 100% correct.

The biggest risk is the remote country coming after the employee and/or employer. If you are the employer, and you are 100% sure you are never going to do business in the country, you MAY be ok. However, there are tax treaties at play as well and that can complicate things.

If the remote country goes after the employee, it may get ugly especially if the employee is still there. That indirectly also impacts the employer.

So if you or your employees are going to work from a different country, read their regulations and be very careful about staying longer than the time period that they consider you a resident for tax purposes.

This is quite an interesting space for some future startup.