© 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
Guide on How to Write a Dissertation Proposal in Finance and Accounting
News
18/08/2021Guide on How to Write a Dissertation Proposal in Finance and Accounting

A dissertation proposal gives your supervisor and the department an idea of the subject you wish to discuss. It also helps you to narrow down the discussion to a few ideas, especially demonstrating an understanding of the subject you wish to discuss. Professio

Read Full PostRead - Eye Icon
Canadian Company Create Collaborative Culture
Innovation
21/02/2020Canadian Company Create Collaborative Culture

At a time where digitalisation is almost inevitable, companies need to make sure that they partner with a digital consultancy firm that truly knows what they are doing. TechBlocks, Inc. is a software consulting and product engineering company that delivers ent

Read Full PostRead - Eye Icon
Citius Pharmaceuticals Completes Acquisition of Leonard-Meron Biosciences
M&A
05/04/2016Citius Pharmaceuticals Completes Acquisition of Leonard-Meron Biosciences

Citius Pharmaceuticals, Inc.today announced completion of the acquisition of Leonard-Meron Biosciences, Inc.

Read Full PostRead - Eye Icon
‘Advice Gap’ Revealed as More Than Half of British Adults Fail to Seek Financial Help
Finance
26/03/2015‘Advice Gap’ Revealed as More Than Half of British Adults Fail to Seek Financial Help

A majority of British adults are falling through an 'advice gap' by not making use of financial advisers, according to new research from unbiased.co.uk and MetLife.

Read Full PostRead - Eye Icon
Most Innovative Business Leadership CEO 2024 (Nigeria): Aniefiok Iton
Leadership
12/07/2024Most Innovative Business Leadership CEO 2024 (Nigeria): Aniefiok Iton

Brightflow Conglomerate & Device is a group of businesses encompassing Brightflow Logistics Service, Brightflow Foundation for Women and Children, as well as Brightflow Skills Development & Vocational Institute, to name just a few. Across these companies, the

Read Full PostRead - Eye Icon
Most Innovative Virtual Learning Businesswoman 2022: Christine Janssen, PhD
News
12/07/2022Most Innovative Virtual Learning Businesswoman 2022: Christine Janssen, PhD

Acquisition International’s Influential Businesswoman Awards 2022 celebrates the brightest and best that organisations around the world have to offer. Few fit the bill more successfully than Christine Janssen. She has built a business that is perfectly suite

Read Full PostRead - Eye Icon
5 Top-Rated Advisory Services for Mergers and Acquisitions
News
25/03/20255 Top-Rated Advisory Services for Mergers and Acquisitions

Mergers and acquisitions can drive remarkable growth, but they’re sometimes challenging to understand. Getting expert help from a qualified, knowledgeable advisor is crucial if you hope to maximise your returns and avoid complicated tax and legal issues.

Read Full PostRead - Eye Icon
Introduction to Settlement Agreements
Finance
02/02/2024Introduction to Settlement Agreements

Navigating the legal landscape of a dispute can be stressful and complex. One crucial aspect where this complexity often culminates is in negotiating a settlement agreement.

Read Full PostRead - Eye Icon
10 Benefits of Studying Public Health
News
10/05/202410 Benefits of Studying Public Health

Image Source Public health plays a pivotal role in shaping the well-being of local communities as well as global populations. Its core aim is to promote community health, prevent diseases, and extend life expectancy through organized efforts and informed choic



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