© Copyright Acquisition International 2025 - 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 IssueRead - Eye Icon
Issue 9 2024
Issues
05/09/2024Issue 9 2024

As we approach the end of 2024’s third quarter, we take another moment to appreciate what has gone in the months before. Recently, we have crowned a range of tenacious and committed individuals and businesses and, here, we wish to showcase and celebrate thei

Read Full PostRead - Eye Icon
Should You Focus on LinkedIn or Facebook When Growing a B2B Business?
News
21/04/2022Should You Focus on LinkedIn or Facebook When Growing a B2B Business?

Should You Focus on LinkedIn or Facebook When Growing a B2B Business? Facebook and LinkedIn are great platforms for your business. However, they aren’t the same. Facebook is great for brands that are trying to reach their customers directly. It earns you a l

Read Full PostRead - Eye Icon
Merkle Acquires Leading US Digital Agency
M&A
04/11/2016Merkle Acquires Leading US Digital Agency

Merkle, a leading technology-enabled, data-driven performance marketing agency, announced its acquisition of Salt Lake City based Axis41, a leading strategic digital agency focused on customer experience.

Read Full PostRead - Eye Icon
3 Questions Small Business Owners Should Ask Before Seeking Out a Business Loan
Finance
12/08/20213 Questions Small Business Owners Should Ask Before Seeking Out a Business Loan

If you run a business, no matter the size, there will be a time when you will need to seek financing. Let’s take a look at some questions all business owners should ask before seeking out a business loan.

Read Full PostRead - Eye Icon
Should You Block AI Bots from Crawling Your Website?
News
15/04/2024Should You Block AI Bots from Crawling Your Website?

Did you know AI’s like ChatGPT could be crawling your site for data? AI large language models (LLMs) like ChatGPT and Bard (now called Gemini) has raised a question for businesses: block or allow AI bots like ChatGPT’s GPTBot to crawl your site? As AI is a

Read Full PostRead - Eye Icon
A Niche Market Opportunity for Small Businesses
News
13/06/2024A Niche Market Opportunity for Small Businesses

Night briquettes provide a great chance for small businesses to enter a special market. They offer eco-friendly and budget-friendly heating solutions for outdoor enthusiasts. These briquettes are made from organic materials like wood, farm waste, or paper tras

Read Full PostRead - Eye Icon
Employment Screening Solution Innovation
Leadership
21/12/2021Employment Screening Solution Innovation

Cisive is a global provider of compliance-driven human capital management and risk management solutions. Its expert team understands the risks and regulations that apply to the financial services, healthcare, transportation, and other highly regulated industri

Read Full PostRead - Eye Icon
Acquisition International Announces the Winners of the 2023 Worldwide Finance Awards Programme
News
11/08/2023Acquisition International Announces the Winners of the 2023 Worldwide Finance Awards Programme

United Kingdom, 2023 – Acquisition International Magazine has unveiled the winners of the 2023 Worldwide Finance Awards.

Read Full PostRead - Eye Icon
Recommended Professionals
Leadership
10/01/2018Recommended Professionals

Aviation Selection Consultants (ASC) was set up with a mission to make psychometric and psychological assessments and employee wellbeing more accessible to all aviation companies, in particular for highly stressful jobs such as pilots and air traffic controlle



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