Life After the Flip-Up: Running the Turkish Subsidiary and Moving the IP
The flip-up closing is the start, not the finish: a practical guide to intercompany agreements, transfer pricing, IP location and where the ESOP sits.
Insights and updates
From emerging regulation to deal mechanics, we write about the questions founders and investors actually ask: practical analysis you can put to work.
The flip-up closing is the start, not the finish: a practical guide to intercompany agreements, transfer pricing, IP location and where the ESOP sits.
The 2027-2029 Medium-Term Programme sets the third quarter of 2027 for aligning the KVKK with the GDPR. From someone who has balanced the two laws for years: compliance programmes will be rebuilt, and the transition will hurt.
There is no separate class of founder stock: restrictions make a share a founder’s share. Splitting equity, reverse vesting and Turkish transfer rules.
Choosing between a Delaware C-Corp and a Turkish joint-stock company: investor base, ESOP workability, dual-structure costs and flip-up timing in one framework.
How Rule 701 works when a Delaware company grants options to a team in Türkiye: the limits, the disclosure thresholds and the Turkish employment layer.
A down round triggers anti-dilution and pay-to-play tests preferences. The founder’s map for waivers, repricing talks and Turkish capital increase mechanics.