Our Managing Partner Erdem Mümtaz Hacıpaşaoğlu contributed two pieces to the 10th issue of H+ Dergi: a co-authored article titled “Şirketlerin Amerika’ya Açılması” (“U.S. Incorporation for Turkish Companies”) with M. İlayda Şirolu, and a Focus interview with Cem Şanap.
The central thesis across both pieces was clear: U.S. incorporation is not an end in itself — it is a tool, useful in the cases where it solves a real commercial problem (international fundraising, U.S. revenue, U.S. hiring) and counterproductive when adopted as a fashion. The founders who navigate it well are the ones who decide based on commercial fit rather than ecosystem signaling.
Article: “Şirketlerin Amerika’ya Açılması”
The co-authored piece with İlayda Şirolu walked Turkish founders through the practical decision tree: when does a Delaware flip actually pay off, what does a parallel U.S. holding–Turkish operating structure look like, what tax considerations follow, what the 83(b) discipline is, and what the most common mistakes look like in practice. The piece was written as a working reference rather than a theoretical overview.
Focus: Cem Şanap interview
The Focus section paired Mümtaz with Cem Şanap in a conversation on technology, entrepreneurship and the lawyer’s working role inside Turkey’s growing venture economy. The interview moved between concrete deal experience and structural observations on where Turkish startup law was headed as a discipline.
Why H+ Dergi
Closing the contribution context, Mümtaz noted that H+ Dergi has played a meaningful role in building a working public vocabulary for Turkish technology entrepreneurship — the kind of writing that doesn’t reach the headlines but slowly shapes how founders, investors and lawyers talk to each other in their actual work.
