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Should I set up a legal entity in each country I want to dropshipping to ?

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I am based in Bulgaria and have a company which is following the EU laws for accounting when I sell products in Bulgaria.

I wish to sell products in the UK and in the U.S.A. Does this mean that I need to set up a two new companies ? One for the UK and one for the U.S.A. 

What is the right legal way to set up a company and sell worldwide ?

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