SAFE Agreements (Simple Agreement for Future Equity) in Turkish Law

A SAFE streamlines early-stage start up financings by postponing valuation and tying conversion into equity to specific trigger events. Under Turkish law, the key issues typically revolve around contractual characterization, the corporate steps required for conversion (share issuance or capital increase), and enforceability in practice. The article offers a high-level overview of these core considerations through a TCO and TCC framework.