© 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
The Benefits of Hiring an Accountant For Your Small Business
News
20/04/2022The Benefits of Hiring an Accountant For Your Small Business

Accountants play an important role in supporting businesses, and they handle all financial matters from tax to payroll to sustain a growing business. Virtual CFO Services For Small Businesses. Keywords: Accountant, benefits of hiring an accountant. The Benefit

Read Full PostRead - Eye Icon
Eight Common Tech Business Terms That Are Often Misunderstood
Innovation
12/05/2023Eight Common Tech Business Terms That Are Often Misunderstood

Business leaders within UK SMEs have been told the eight most commonly misunderstood technological terms to avoid misinformation negatively impacting performance.

Read Full PostRead - Eye Icon
5 reasons connected HR and payroll systems make acquisitions easier
Technology
07/07/20265 reasons connected HR and payroll systems make acquisitions easier

Acquisitions often look straightforward on paper, but the real pressure begins when employee records, contracts, pay cycles, benefits data, and reporting lines need to align quickly across two organisations. Businesses that connect HR and payroll systems early

Read Full PostRead - Eye Icon
Apple Watch App Technology Spreads its Net Wider
Innovation
26/10/2015Apple Watch App Technology Spreads its Net Wider

Montgomery County Employees Federal Credit Union Introduces Apple Watch App Technology

Read Full PostRead - Eye Icon
How to Manage Your Budget During Inflationary Times
Finance
20/04/2022How to Manage Your Budget During Inflationary Times

At this point, there is no getting away from the word inflation. Everyone is talking about it, many complaining about it, but do you know how to take action to survive it? Depending on your age range, you may or may not have experienced life in inflationary ti

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
Agentic AI and Data Protection: Safeguarding Against New Threats
Innovation
05/02/2025Agentic AI and Data Protection: Safeguarding Against New Threats

Agentic artificial intelligence (AI) seems like an enterprise’s ideal. Most AI requires constant oversight and guidance, while agentic versions are autonomous and self-motivated.

Read Full PostRead - Eye Icon
Striving for Perfection
Leadership
13/02/2017Striving for Perfection

SARC is a firm with 17 senior partners and a pan India presence with foot prints in London and Toronto. To win the 2017 Ones to Watch in Consultancy award is of course a great honour, one feels great and on top of the world.

Read Full PostRead - Eye Icon
Most Innovative Tax Service Provider – UK
Finance
20/05/2016Most Innovative Tax Service Provider – UK

We at The Oxford Silk Partnership have been providing bespoke business services for over thirty years.



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