© 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
7 Business Benefits of Hiring Managed IT Services
News
02/11/20217 Business Benefits of Hiring Managed IT Services

Besides accounting, one of the most outsourced jobs is managed information technology (IT) services. And for a good reason. Hiring managed IT services involves hiring third-party specialists to take charge of a business’ needs. As such, entities can focus on

Read Full PostRead - Eye Icon
Data May Impact on Your Business Valuation in an Acquisition
M&A
30/11/2015Data May Impact on Your Business Valuation in an Acquisition

With the recent increase in M&A activity, Proven Legal Technologies, the corporate forensic investigation expert, is warning businesses about potential data liabilities and how large data libraries can impact a company’s valuation in an acquisition.

Read Full PostRead - Eye Icon
Beyond the Borders of Legal Brilliance
Leadership
11/12/2023Beyond the Borders of Legal Brilliance

Following the transfer of sovereignty in 1997, Hong Kong found itself in a precarious situation. In both a political and economic sense, there arose a dire need for direction from any who were willing to provide it. Enter Anthony Siu & Co., a Hong Kong-based l

Read Full PostRead - Eye Icon
The ABCs of Cybersecurity: How Small Businesses Can Safeguard Their Online Safety
News
25/01/2022The ABCs of Cybersecurity: How Small Businesses Can Safeguard Their Online Safety

Any business can be a target of hackers. Company size doesn't matter—as long as you have what cybercriminals want—you are their prey.

Read Full PostRead - Eye Icon
Journey To The Future
Innovation
07/12/2022Journey To The Future

The customer journey is one which can have a transformative effect on a business’s success, with new technologies opening the door to exciting opportunities.

Read Full PostRead - Eye Icon
Most Innovative Accountancy Firms of 2016, UK
Finance
01/07/2016Most Innovative Accountancy Firms of 2016, UK

Accountancy 4 Wealth Ltd is based in Staffordshire, with 4 offices. They are a chartered accountancy practice which helps clients of all sizes to use their accounts as a basis to grow their business.

Read Full PostRead - Eye Icon
Study Finds Merchants Lose Sales Due to Online Checkout Frictions
Innovation
02/12/2015Study Finds Merchants Lose Sales Due to Online Checkout Frictions

The PYMNTS.com and BlueSnap Checkout Conversion Index benchmarks how well online merchants convert shoppers to buyers

Read Full PostRead - Eye Icon
Enterprise Password Management: A Comprehensive Guide for Businesses
News
09/10/2023Enterprise Password Management: A Comprehensive Guide for Businesses

Enterprise password management is a crucial aspect of cybersecurity, focusing on securely controlling credentials for privileged accounts, services, systems, and applications. It is also known as privileged password management, and it helps businesses reduce r

Read Full PostRead - Eye Icon
Why Do Judges Hand Out Multiple Life Sentences?
Legal
21/09/2022Why Do Judges Hand Out Multiple Life Sentences?

This article will discuss what this type of punishment is and how courts reach their decision to hand such sentences to law offenders. This write-up will also cite examples of people with these “back-to-back” life sentences.



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