© 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
Civil Mediator of the Year – UK
Finance
20/05/2016Civil Mediator of the Year – UK

Greater London and East Anglia mediation LLP (GLEAMED) provides dispute resolution services.

Read Full PostRead - Eye Icon
How to Start a Publishing Company: 8 Important Steps
News
09/08/2024How to Start a Publishing Company: 8 Important Steps

Creative freedom, increased clout, and potential profit. These three reasons to start your own publishing company may fuel your decision to take that step, but they do little to help you understand everything that goes into it. Writers who choose to self-publi

Read Full PostRead - Eye Icon
6 Ways to Reduce Accounting Errors In SMBs
Finance
03/02/20226 Ways to Reduce Accounting Errors In SMBs

For any business in general, accounting is a crucial part of operations. But for small- and medium-size businesses (SMBs) in particular, it’s an aspect that should be handled with utmost care. Given the size of the organization, even the slightest mistake co

Read Full PostRead - Eye Icon
7 Essential Strategies for Enhancing Global Business Communication in 2024
News
25/04/20247 Essential Strategies for Enhancing Global Business Communication in 2024

You’re navigating the global business arena, looking to sharpen communication strategies for your international operations. It’s clear that fostering effective dialogue across borders can make or break success in today’s interconnected market

Read Full PostRead - Eye Icon
A Goliath in Management Consultancy
News
13/01/2023A Goliath in Management Consultancy

Advisory Group AG offers a wide range of strategic change advisory services from strategy design to successful implementation and transformation. Following the firm’s recognition in the 2022 AI Leading Advisor Awards as the ‘Leading Boutique Management Con

Read Full PostRead - Eye Icon
Revolutionizing Business: How Innovative IT Infrastructure Drives Growth Introduction
News
21/09/2023Revolutionizing Business: How Innovative IT Infrastructure Drives Growth Introduction

In a digital and technologically advanced paradigm, focusing on a single aspect is not going to expand business. Each part of an enterprise operates smoothly with a proper IT infrastructure in position. It has a crucial significance for business growth and eff

Read Full PostRead - Eye Icon
Ferro Enters into Agreement to Acquire Global Inorganic Pigments Manufacturer Nubiola
Finance
30/04/2015Ferro Enters into Agreement to Acquire Global Inorganic Pigments Manufacturer Nubiola

Ferro Corporation announced today that it has signed a definitive agreement with the shareholders of Barcelona-based Nubiola Pigmentos to acquire 100% of the equity of Nubiola, on a cash-free and debt-free basis, for €146 million.

Read Full PostRead - Eye Icon
A10 Networks  Files for IPO
Innovation
15/04/2015A10 Networks Files for IPO

We take a look at A10 Networks’ IPO in March of last year. A10 Networks has pioneered a new generation of application networking technologies.

Read Full PostRead - Eye Icon
4 Top Tips for Startup Funding
Finance
06/04/20224 Top Tips for Startup Funding

Starting a business comes with a range of challenges and obstacles and it can be overwhelming to know where to begin. Here we share our 4 top tips on how to get started when seeking startup funding.



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