Safe Harbor (1) A legal provision used to reduce liability as long as there is a demonstration of good faith; (2) an accounting method that avoids adverse legal or tax consequences by providing a legal, simpler method for determining taxes. Home Resources Startup Law Dictionary Safe Harbor Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :