© 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
FERBER & CO. Transaction announcement
Finance
31/07/2015FERBER & CO. Transaction announcement

FERBER & CO. Transaction announcement

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
How Intelligent Process Automation (IPA) Can Transform Your Business
Innovation
16/03/2023How Intelligent Process Automation (IPA) Can Transform Your Business

Most companies use automation tools to increase the efficiency of their processes. As an entrepreneur, it’s best to keep up with the competition by doing the same thing. However, most of these automation technologies require human intervention.

Read Full PostRead - Eye Icon
Understanding the Evolving Landscape of Asset Management in the Financial Industry
Finance
18/09/2023Understanding the Evolving Landscape of Asset Management in the Financial Industry

Like most industries, the financial sector has had major evolutions, and asset management plays a huge role. This evolution has reshaped how financial assets are cultivated, optimised, and safeguarded. It has ultimately redefined the relationships between asse

Read Full PostRead - Eye Icon
All you Need to Know About Who Can Apply for Business Acquisition Loan
News
24/05/2022All you Need to Know About Who Can Apply for Business Acquisition Loan

Being a business owner does not always have to come from starting your own business. You can become a business owner by purchasing another business. But even the latter requires that you have some money. So, what do you do if you want to take advantage of such

Read Full PostRead - Eye Icon
The Role of Fintech and Brexit
Finance
30/08/2019The Role of Fintech and Brexit

Brexit and business have become reluctant synonyms since 2016. Once the EU referendum was over, thoughts immediately turned to the ways in which a departure from the European Union would affect the economy. Today, three years on, the picture may not be any cle

Read Full PostRead - Eye Icon
Forget Third-Party Data… How to Use Zero and First-Party Data to Understand Consumers and Fuel Your Marketing Strategy
News
02/12/2024Forget Third-Party Data… How to Use Zero and First-Party Data to Understand Consumers and Fuel Your Marketing Strategy

A cookieless future and the third-party apocalypse have been discussed extensively over the last few years, starting with Apple Safari depreciating cookies in 2017 with intelligent tracking prevention (ITP).

Read Full PostRead - Eye Icon
UK Businesses Confess They Are Overwhelmed By Volume Of Data
Strategy
23/03/2020UK Businesses Confess They Are Overwhelmed By Volume Of Data

67% of organisations are struggling to access their data to make business decisions.

Read Full PostRead - Eye Icon
5 Ways to Spot a Phishing Email: A Guide to Cyber Awareness
News
20/08/20245 Ways to Spot a Phishing Email: A Guide to Cyber Awareness

Phishing is nothing new, it’s been around for years and is the most common form of cyberattack. You’d think by now the world would be wise to phishing emails and online scams to such an extent that they’d become extinct. Yet phishing has morphed into inc



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