Jaroslav Míkovec describes the mundane legal routine encountered by businesses in Ekonom

June 28, 2012

The legal routine that many businessmen must go through on a day-to-day basis is featured in KSB lawyer Jaroslav Míkovec’s legal column in weekly magazine Ekonom. Jaroslav contemplates that routine steps such as paying out dividend, disposing of shareholdings and replacing directors are far too difficult in the Czech Republic due to unnecessary bureaucracy and nonsensical requirements.

It is not just low-quality legislation that is to blame, notes Jaroslav. Most of the nonsense is not directly implied by law; instead the courts and authorities are sadly talented enough to choose the worst-case scenario out of all those available. This is why we should worship every flash of common sense that comes from the state administration.

The entire article is available here (in Czech only)