Companies often engage in IP migration for several key reasons:
1. Tax Optimization: By relocating IP to jurisdictions with favorable tax regimes, companies can reduce their overall tax burden. This is particularly common in large multinational corporations. 2. Legal Protection: Different jurisdictions offer varying degrees of legal protection for IP. Migrating IP to a country with robust IP laws can offer better protection against infringement. 3. Operational Efficiency: Centralizing IP management can streamline operations, reduce costs, and improve consistency in IP enforcement. 4. Market Access: Migrating IP can also be a strategic move to enter or expand in new markets by ensuring compliance with local laws and regulations.