A Friend of mine was trying to argue the point with me that this is for the purpose of trade, So that one country can trade with the other.
Some how I do not buy this argument.
The Portuguese, Greeks, India and many other countries never needed Company Registrations to trade there goods.
USA on Dun and Bradstreet = company that sells companies’ data to investors, “Company search” result (now they’re trying to delete some words! but I captured it as shown below)