On November 30, 2009 PosiTim was successfully registered with the chamber of commerce in Darmstadt located in the German state of Hesse. PosiTim is now officially "in business" and is no longer "in Gruendung". There are still a number of administrative "hurdles" to be taken but they are all on their way and under control. This registration to much longer then was expected as one of the main reasons in Germany to introduce the "UG" was to reduce the amount of time needed to set up a company. So in principle the registration should be a matter of days but it took almost 2 months. On the positive side one must say that the process is simple and smooth, one just has to have a little patience.

Labels: start-up