Delaware C-Corp or Turkish Joint-Stock Company: A Decision Framework
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.
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.
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.
Delaware, Nevada and Texas weighed from a Turkish founder’s seat: Senate Bill 21, Texas SB 29, franchise tax mechanics and the Turkish law layer after a flip-up.
How to calibrate veto lists, information rights and board representation: balancing minority investor protection against keeping the company manageable.
How many shares should a Delaware C-Corp authorise, and at what par value? The two franchise tax calculations, and why the first bill surprises founders.