© 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
Leaders in Law
Innovation
11/04/2019Leaders in Law

Since their inception in 1993, Vietnam International Law Firm (VILAF – Hong Duc) (“VILAF”) has developed into an independent law firm. Recently, we profiled VILAF and caught up with Ngoc Anh who provided us with a glimpse into the innerworkings of the su

Read Full PostRead - Eye Icon
The Pros and Cons of No Credit Check Loans: Is It the Right Choice for You?
News
06/11/2023The Pros and Cons of No Credit Check Loans: Is It the Right Choice for You?

If you’re facing a financial crunch or unexpected expenses in Australia, the idea of a no credit check loan might seem like a lifeline. These loans can be enticing due to their quick approval process, but they come with their own set of advantages and di

Read Full PostRead - Eye Icon
CFOs Believe the Global Economy is Improving
Strategy
29/05/2015CFOs Believe the Global Economy is Improving

Amid an improving global economy, the market for deals remains healthy, but CFOs’ outlook on M&A has leveled off somewhat since 2014.

Read Full PostRead - Eye Icon
Netflix Announces Unlimited Leave for New Parents
Strategy
06/08/2015Netflix Announces Unlimited Leave for New Parents

The online streaming giant recently announced in a blog post that employees would be offered unlimited paid leave to both male and female new parents, with flexible hours also available to staff returning after having children.

Read Full PostRead - Eye Icon
Striving for Perfection
Leadership
13/02/2017Striving for Perfection

SARC is a firm with 17 senior partners and a pan India presence with foot prints in London and Toronto. To win the 2017 Ones to Watch in Consultancy award is of course a great honour, one feels great and on top of the world.

Read Full PostRead - Eye Icon
International Accounting Day 2023: Universal Accounting Center
Finance
06/11/2023International Accounting Day 2023: Universal Accounting Center

Since 1979, Universal Accounting Center (UAC) has been a post-secondary school for budding accounting, bookkeeping, and tax professionals, delivering premier training, certifications, coaching, and support to help them take their careers to the next level.

Read Full PostRead - Eye Icon
Best Workplace Training Provider 2021 – UK
Leadership
24/12/2021Best Workplace Training Provider 2021 – UK

Located in Hull, Portull Training Services Ltd. was founded in January 2007 to meet the demanding needs of the ports industry with regards to plant and machinery training.

Read Full PostRead - Eye Icon
5 ways that SMEs can overcome cash flow challenges in uncertain markets
News
01/11/20245 ways that SMEs can overcome cash flow challenges in uncertain markets

Across the UK, many small and medium-sized enterprises (SMEs) face financial pressures due to a variety of factors, including fluctuating economic conditions and rising operational costs. These challenges often leave business owners searching for reliable stra

Read Full PostRead - Eye Icon
2016’s Alternative Investment Top Twenty-Five – Japan
Finance
01/11/20162016’s Alternative Investment Top Twenty-Five – Japan

First established in April 2005, Stats Investment Management Co., Ltd. is a hedge fund manager based in Japan specialising in managing Japanese equity long/short strategies.



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