Yeah, why not? Stop selling the app when you hit 1 million and have a new version from a new company and just license the brand or whatever to the new one.
Companies do these kind of trickeries all the time. That's how they avoid paying taxes: by technically being within their rights. It doesn't matter if everyone knows what they are doing.
Apple's EU HQ is in Ireland and its totally selling the product from there, German companies are definitely don't sell restricted parts to Russia, they are selling it to Kazakhstan and Kazakstan suddenly had success with selling stuff to Russia, all the SV startups are incorporated in Delaware, all the Ships are Panaman and all kind of products that are assembled just the right way to avoid ban or taxes but can be reconfigured to do the banned thing.
Even at this very topic, Apple is trying to comply in such a way to circumvent actually allowing to freely install apps to iPhones.
