The balance of power between majority and minority shareholders in a company’s ownership structure is critically important especially in the startup ecosystem. Protecting minority shareholders within this dynamic is essential for the healthy progression of investment relations. The Tag-Along Right  (also known as the Co-Sale Right) is a contractual protection mechanism designed precisely to meet this need. In simple terms, when a majority shareholder intends to sell their sh

Money laundering is the process of disguising the origin of criminally derived proceeds to give them a legitimate appearance. This process constitutes a major threat to both national legal systems and the international community. Money laundering not only facilitates the financing of organized crime but also enables the continuation of crimes such as the financing of terrorism, corruption, and drug trafficking. Therefore, Anti-Money Laundering (AML) law is essential for state

With the rapid advancement of technology, the traditional model of purchasing software as a product has increasingly been replaced by subscription-based structures known as Software as a Service (SaaS). In this model, users access software online rather than acquiring ownership of it. As in many jurisdictions, this model has become increasingly widespread in Türkiye among both users and service providers. Although Turkish law does not contain specific regulations governing Sa

When it comes to early-stage investments in the entrepreneurship world, flexible financing models are crucial for both investors and founders. This is where the Convertible Note  comes into play. So, what exactly is a Convertible Note, and how is it applied in Turkey? What is a Convertible Note? A Convertible Note is a financing instrument based on the principle that an investor provides a loan  to a startup company, and this debt is subsequently converted  into equity  (shar