© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - International Trade, Maximising Thailand’s Potential
Posted 1st December 2015

International Trade, Maximising Thailand’s Potential

Rajah & Tann is the largest firm in Singapore but, with 9 offices and over 500 lawyers in South East Asia, making it the largest Asian headquartered firm in South East Asia.

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

International Trade, Maximising Thailand’s Potential
Image

Rajah & Tann is the largest firm in Singapore, with 9 offices and over 500 lawyers in South East Asia, making it the largest Asian headquartered firm in South East Asia.

We had the chance to speak with Melisa Uremovic from the firm and learn more about what it takes to achieve such an enviable position in such an instrumental region.

Our focus is on being the first choice for companies seeking representation in South East Asia. In Bangkok we have almost 50 lawyers, operating in a full service capacity. In Thailand we have a very active Thai Customs Department that routinely conducts post-audits and raids of importers, looking at valuation, tariff classification and licensing issues.  In fact, I would say that there has been a greater emphasis on licensing issues in recent years as many imports largely move or have already moved to a 0% tariff regime.  Allegations of duty evasion or importation without a license carry heavy penalties, with the Customs Act specifying a penalty of four times the duty paid value of goods, up to 10 years’ imprisonment, and also applying a 15-year limitation period.  

Moving goods internationally requires an understanding of both customs and trade laws, as well as general regulatory requirements.  It is extremely important to obtain advice on laws relevant to the importation of your specific products before your commence importation or if you acquire a business which imports products.  For example, packaging and labelling provisions, special import permits and other licensing requirements.  Each of our South East Asian offices has expertise in this area and we frequently work together on South East Asia wide projects.  We can offer clients a highly integrated service provided by practitioners with many years’ experience in this area.

We often hear that the business has been following this practice for a number of years and thought it was OK,  but that defence does not get you very far in this market.  Brokers can be very helpful but they may also face difficulty navigating the complex regime of licensing which certain products require – to name just a few – medical devices, hazardous substances, excisable products etc. 

We have, amongst our team in Thailand, a former judge, a Japanese speaking Thai lawyer, and a UK- qualified- lawyer with more than 20 years’ experience in Thailand.  We work as one team across the offices, to ensure that our clients receive a seamless service and in-depth expertise.  In particular, we are able to provide advice from the 9 different jurisdictions in which we work which has been particularly popular and effective, as it reduces the need for the client to contact a different lawyer as jurisdictions change.

One of the most important factors for lawyers is to feel that they are part of a firm which offers career progression and values their work.   In many international firms, lawyers experience difficulty in being promoted which leads to a high turnover rate.  Rajah & Tann is conscious of this and encourages a sense of ownership by senior lawyers which provides opportunities for senior lawyers to develop their practice and be rewarded for their efforts in terms of remuneration and promotion. 

We will continue to grow and truly have a long-term view to maintain our position as “Lawyers who know Asia”. 

Melisa Uremovic

973 President Tower,

 12th Floor   Units 12A – 12F   Ploenchit Road,

 Lumpini   Pathumwan   Bangkok 10330   Thailand

Telephone: D +66 2656 1991

Email: melisa.u@rajahtann.com

Website: www.rajahtannasia.com

 

Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Thanks for Voting
Strategy
24/11/2015Thanks for Voting

Thanks for Voting

Read Full PostRead - Eye Icon
Castel Commercial Property Fund Clinches Cobalt Deal
Finance
16/10/2015Castel Commercial Property Fund Clinches Cobalt Deal

The Castel Commercial Property Fund - acting on advice of Aston Property Ventures Limited - has acquired a 30,000sqft office building at the UK's largest office park in a £4.91million deal.

Read Full PostRead - Eye Icon
GREE International Acquires DragonSoul
M&A
07/10/2016GREE International Acquires DragonSoul

GREE International Entertainment, Inc., the Western arm of global mobile social company GREE, Inc.

Read Full PostRead - Eye Icon
HOMETAINMENT Acquires Nomad Chefs: A Scalable Business Model In The Culinary And Entertainment Industry
News
10/06/2024HOMETAINMENT Acquires Nomad Chefs: A Scalable Business Model In The Culinary And Entertainment Industry

HOMETAINMENT, the leading home and office entertainment and hospitality provider, has announced its acquisition of Nomad Chefs.

Read Full PostRead - Eye Icon
Leading Insolvency and Asset Recovery Expert
Leadership
11/06/2019Leading Insolvency and Asset Recovery Expert

Grant Thornton BVI Ltd specialises in providing recovery and restructuring services for or to companies registered in the BVI and the Eastern Caribbean. Following their success in Acquisition Intl.’s Leading Advisor 2018 where they were awarded the accolade

Read Full PostRead - Eye Icon
Is York Becoming the Marketing Hub of Yorkshire?
News
01/11/2024Is York Becoming the Marketing Hub of Yorkshire?

York is emerging as a prime location for marketing agencies in Yorkshire, as revealed by research from Nomada Digital, a York SEO agency. The analysis of Google search data and Companies House records shows a significant increase in demand for local marketing

Read Full PostRead - Eye Icon
How to Decide Whether an MSP is Right for Your Business
Innovation
11/01/2023How to Decide Whether an MSP is Right for Your Business

You might have heard the term "MSP" used in conversation, or seen it in the news and wondered what it's all about. In the below article, we'll discuss what a managed service provider (MSP) is, how they can help your business and the steps you should consider t

Read Full PostRead - Eye Icon
No More Hard-Sell: IT Needs to be a Gentler Business
News
24/07/2020No More Hard-Sell: IT Needs to be a Gentler Business

In the time of pandemic, vendors need to show their human side and empathise with customers.

Read Full PostRead - Eye Icon
Canfor Completes the Acquisition of Wynndel
M&A
15/04/2016Canfor Completes the Acquisition of Wynndel

E-House (China) Holdings Limited, a leading real estate services company in China, today announced that it has entered into a definitive Agreement and Plan of with E-House Holdings Ltd. and E-House Merger Sub Ltd.



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow