© 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
AI-Powered Alternative Data Driving Extreme Market Research Disruption
Innovation
04/06/2024AI-Powered Alternative Data Driving Extreme Market Research Disruption

Numerous indicators make clear that the next five years will usher in extreme transformation for a multitude of industries and sectors as well as the global economy at large. This begs the question: what is driving such significant and rapid change? This big q

Read Full PostRead - Eye Icon
K&E & Skadden Among Five Firms on 58.com’s Stake Acquisition in Ganji
M&A
07/05/2015K&E & Skadden Among Five Firms on 58.com’s Stake Acquisition in Ganji

K&E & Skadden Among Five Firms on 58.com’s Stake Acquisition in Ganji

Read Full PostRead - Eye Icon
CEO of the Year, New York
Innovation
03/03/2016CEO of the Year, New York

SuperDerivatives is the global leader in cloud based market data, derivatives trading technology and analytics. The company has renowned expertise across all asset classes and has pioneered multi-asset product structuring and pretrade analysis systems to suppo

Read Full PostRead - Eye Icon
Ferag and Sparck Collaborate in ‘Game-Changer’ for Automated efulfilment
Innovation
19/11/2024Ferag and Sparck Collaborate in ‘Game-Changer’ for Automated efulfilment

In an ecommerce industry first, systems integrator, Ferag, and auto-boxing specialist, Sparck Technologies, have collaborated to develop a continuous ‘one touch’ process from order-picking to individual ‘fit-to-size’ boxes ready for despatch.

Read Full PostRead - Eye Icon
Quick off the Mark: Intuit Inc Acquires KDK Softwares Private Limited
Innovation
25/03/2015Quick off the Mark: Intuit Inc Acquires KDK Softwares Private Limited

Intuit Inc. is a software company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. We spoke to Nikhil Arora, Vice President and Managing Director at Intuit India, on the landmark deal

Read Full PostRead - Eye Icon
Six Important Tips to Build Local Awareness for Your Brand
News
04/09/2023Six Important Tips to Build Local Awareness for Your Brand

Business branding is not a new concept for local businesses. Every business wants to enhance the overall perception of their brand, product, or service. However, it can be a hard endeavor to achieve when you have so much competition around you. In such circums

Read Full PostRead - Eye Icon
ADE Announces Strategic Partnership with Dowling Energy
M&A
30/08/2024ADE Announces Strategic Partnership with Dowling Energy

Leading investor in onsite sustainable energy solutions AMPYR Distributed Energy (ADE) has established a strategic partnership with Dowling Energy, an innovative company that helps property owners realise the full potential of onsite renewables.

Read Full PostRead - Eye Icon
What Does a Personal Injury Lawyer Do?
Legal
30/05/2023What Does a Personal Injury Lawyer Do?

Do you live in Joliet IL, and the surrounding areas? Have you been physically injured in a road accident due to the negligence of another driver and need compensation?

Read Full PostRead - Eye Icon
Weld North LLC Completes Merger of Performance Matters and Truenorthlogic
Innovation


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