Genode Labs leaves behind its infancy
Jan 29, 2010
Our company changes its legal status from GbR to GmbH.
In spring 2008, Genode Labs was founded with the simplest legal status
possible, a loose bond of two persons, in Germany called Gesellschaft
bĂĽrgerlichen Rechts (GbR). This provided an unbureaucratic, cheap, and quick
way to get our business going. In December, we left this stage behind and
changed the legal status to "Gesellschaft mit beschränker Haftung" (GmbH),
which is comparible with a british Limited and the most common legal status
used for private companies in Germany. For us this important symbolic step
marks the completion of the initial bootstrapping procedure of our venture.