Despite its benefits, IP migration comes with several challenges:
1. Complexity: The process is complex and involves multiple jurisdictions, each with its own set of laws and regulations. 2. Regulatory Scrutiny: IP migration, especially for tax optimization purposes, is often scrutinized by tax authorities worldwide. 3. Costs: The financial and administrative costs associated with IP migration can be substantial. 4. Impact on Business Operations: The migration process can be disruptive to ongoing business operations, requiring careful planning and execution.