© 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
CREALOGIX’s acquisition of MBA Systems
Finance
19/03/2015CREALOGIX’s acquisition of MBA Systems

CREALOGIX has acquired MBA Systems, a well-established UK fintech brand and leading supplier of innovative web-based solutions and services to the securities and wealth management industries. With this move, CREALOGIX - the Swiss based technology group ranked

Read Full PostRead - Eye Icon
Enhancing Heavy Equipment Production with Cutting-Edge Technology
News
09/08/2024Enhancing Heavy Equipment Production with Cutting-Edge Technology

Enhancing Heavy Equipment Production with Cutting-Edge Technology Heavy equipment production is crucial for various industries, including construction, mining, and agriculture. Machines such as bulldozers, excavators, and tractors are essential for performing

Read Full PostRead - Eye Icon
‘Productivity Puzzle’ Is a Red Herring for Our Austerity Damaged Economy, Says TUC
Finance
06/03/2015‘Productivity Puzzle’ Is a Red Herring for Our Austerity Damaged Economy, Says TUC

A new report, Productivity: no puzzle about it, published by the TUC, argues that there is a straightforward explanation for low productivity in the UK economy

Read Full PostRead - Eye Icon
AIMCo Announces Acquisition of HSBC Bank
M&A
28/02/2017AIMCo Announces Acquisition of HSBC Bank

Alberta Investment Management Corporation, on behalf of certain of its clients, is pleased to announce the successful acquisition of HSBC Bank Place and Enbridge Place, located in Edmonton, Alberta. The transaction closed on February 27, 2017.

Read Full PostRead - Eye Icon
Agreement to Acquire Boehringer
M&A
07/10/2016Agreement to Acquire Boehringer

Elanco Animal Health Enters Agreement to Acquire Boehringer Ingelheim Vetmedica's U.S. Feline, Canine and Rabies Vaccines Portfolio

Read Full PostRead - Eye Icon
Sweet Success: Katjes International Acquisition of Piasten
Strategy
19/01/2015Sweet Success: Katjes International Acquisition of Piasten

In September 2014, German confectionary company Katjes International acquired Piasten, the largest German producer of sugar-coated products. Tobias Bachmüller, Managing Shareholder of Katjes International, told us more about Katjes International’s continuin

Read Full PostRead - Eye Icon
Employees: This Is How Tax Fraud Affects your Background Check in 2021
Finance
04/06/2021Employees: This Is How Tax Fraud Affects your Background Check in 2021

Paying taxes and filing returns is an important civic responsibility. While some employers may fail to make a background check on tax fraud, you wouldn't want to be on the wrong side of the law. Tax fraud occurs when you knowingly forge information on tax retu

Read Full PostRead - Eye Icon
Revolutionizing Business: How Innovative IT Infrastructure Drives Growth Introduction
News
21/09/2023Revolutionizing Business: How Innovative IT Infrastructure Drives Growth Introduction

In a digital and technologically advanced paradigm, focusing on a single aspect is not going to expand business. Each part of an enterprise operates smoothly with a proper IT infrastructure in position. It has a crucial significance for business growth and eff

Read Full PostRead - Eye Icon
How Can Speech Analytics Improve Your Business Marketing?
News
01/08/2023How Can Speech Analytics Improve Your Business Marketing?

When it comes to your marketing, it’s important to have the right tools implemented into your processes to enhance your results, which in turn, could benefit your business.



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