© 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
Putting Performance Improvement Front and Center to get to a Culture of Quality
Leadership
19/09/2019Putting Performance Improvement Front and Center to get to a Culture of Quality

Based in Austin, Texas, Prista Corporation is a centralized platform for all quality, risk and performance improvements insights for healthcare providers. Having recently been selected as the Most Innovative Clinical Performance Management Platform 2019 – Te

Read Full PostRead - Eye Icon
Law Firm SEO Ranking Factors and Tips For Improving Your Rankings
Legal
04/05/2023Law Firm SEO Ranking Factors and Tips For Improving Your Rankings

In today's digital age, search engine optimization (SEO) is crucial for law firms that want to establish a strong online presence and attract new clients.

Read Full PostRead - Eye Icon
The Impact of Quick Financing on Corporate Social Responsibility Initiatives
Corporate Social Responsibility
25/01/2024The Impact of Quick Financing on Corporate Social Responsibility Initiatives

In today's fast-paced business world, the quest for funding to support various initiatives has become critical for corporations.

Read Full PostRead - Eye Icon
How to Ensure Your Business is Prepared for the Installation of Robotic Machinery
News
07/09/2023How to Ensure Your Business is Prepared for the Installation of Robotic Machinery

The integration of robotic machinery in businesses is no longer a far-fetched concept, but rather a practical step towards innovation and productivity. However, preparation is key for successful implementation. Let’s explore how you can ensure your busin

Read Full PostRead - Eye Icon
How Are Interest Rates Determined?
Finance
07/01/2019How Are Interest Rates Determined?

Interest is effectively the price of money: whether it is the price a bank or lender is offering in return for a loan or mortgage, or the price a saver can expect to receive for depositing their money, it is always calculated by the individual institution invo

Read Full PostRead - Eye Icon
Leading U.S. Locations for Aspiring Stock Brokers
News
11/09/2023Leading U.S. Locations for Aspiring Stock Brokers

As a budding stockbroker looking to stake your claim in the trading world, you may be okay starting from anywhere. The truth is where you choose to launch and grow your career as a stockbroker can dramatically impact your professional and personal success.&nbs

Read Full PostRead - Eye Icon
How To Give An Effective Business Presentation
Leadership
10/08/2021How To Give An Effective Business Presentation

A corporate presentation should have an interesting subject given with passion. Here we look at what can make your presentation stand out and give you that edge.

Read Full PostRead - Eye Icon
How Can CFOs Help Businesses Navigate the Pandemic
Finance
07/09/2021How Can CFOs Help Businesses Navigate the Pandemic

The global spread of COVID-19 has had some drastic effects on the way businesses function. This article highlights steps CFOs can take across three major sectors: immediate recovery, short-term stability, and long-term improvements.

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