© 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 Future Of A Cashless Society
Finance
10/09/2019The Future Of A Cashless Society

As cash machines dwindle and users increasingly turn towards new and innovative forms of payment, Staff Writer Hannah Stevenson explores the direction is the market is moving in.

Read Full PostRead - Eye Icon
6 Trends That Every Engineer Needs to Know in 2021
News
29/10/20216 Trends That Every Engineer Needs to Know in 2021

A few years back, who thought that flying cars would be a reality–it was a distant and long-overhauled dream. But the rapid rise of technology and engineering concepts is making the impossible turn into "I'm possible" and flipping the current technology on i

Read Full PostRead - Eye Icon
Chattel Mortgages for Business Vehicles: Is It the Right Choice for You?
Legal
13/04/2023Chattel Mortgages for Business Vehicles: Is It the Right Choice for You?

A lot of companies turn to leasing or buying to acquire their business vehicles. These business strategies do work under the right conditions—but certainly not all of them.

Read Full PostRead - Eye Icon
How to Choose the Right Software Development Firm
Strategy
13/07/2023How to Choose the Right Software Development Firm

In today's digital age, software development is essential to corporate growth and success. Whether you want to create a unique software solution or improve an existing one, selecting the proper software development firm is crucial.

Read Full PostRead - Eye Icon
UK Founded Tech Firm Acquires US Brand Integrity
Finance
19/07/2018UK Founded Tech Firm Acquires US Brand Integrity

UK-founded, global employee engagement company Reward Gateway announced today that it has acquired Brand Integrity, a 15-year-old employee engagement specialist operating from Rochester, N.Y.

Read Full PostRead - Eye Icon
Study Proves Female Board Members Improve Share Price
Finance
22/04/2016Study Proves Female Board Members Improve Share Price

Having female managers on the board improves a company’s share price, according to new research from Skema business school.

Read Full PostRead - Eye Icon
5 Best Medical Malpractice Insurance Companies and Platforms for Physicians in 2026
Legal
10/08/20265 Best Medical Malpractice Insurance Companies and Platforms for Physicians in 2026

Choosing medical malpractice insurance for physicians involves more than finding the lowest premium. Specialty, state, practice size, claims history, desired limits and policy structure can materially change which option fits. Claims support and risk-managemen

Read Full PostRead - Eye Icon
Phenomenex to be Acquired by Danaher Corporation
M&A
12/10/2016Phenomenex to be Acquired by Danaher Corporation

Phenomenex Inc., a privately held manufacturer and distributor of high-value consumables for the separation sciences, today announced it has signed a definitive agreement to be acquired by Danaher Corporation, a Fortune 150 science and technology company.

Read Full PostRead - Eye Icon
Privée At The Pinnacle
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