© 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
Tokenization: Transforming the Future of Asset Ownership
Finance
26/03/2024Tokenization: Transforming the Future of Asset Ownership

In today's digital age, tokenization has emerged as a groundbreaking concept, revolutionizing the way we perceive assets. Tokenization involves representing tangible or intangible assets in digital form using tokens.

Read Full PostRead - Eye Icon
Digital Warriors: Cyber Protectors
Innovation
05/05/2022Digital Warriors: Cyber Protectors

Castle Shield Holdings LLC was established to provide companies with a complete range of enterprise-grade cybersecurity solutions to help protect them against all internal and external cyber threats.

Read Full PostRead - Eye Icon
3 Things To Know When Financing Your Small Business
Finance
01/09/20213 Things To Know When Financing Your Small Business

Every small business gets to the point where it needs more money either to go on with its operations or to be able to make the most of an important opportunity to grow. Here are a few things you need to know when financing your small business.

Read Full PostRead - Eye Icon
GREE International Acquires DragonSoul
M&A
07/10/2016GREE International Acquires DragonSoul

GREE International Entertainment, Inc., the Western arm of global mobile social company GREE, Inc.

Read Full PostRead - Eye Icon
Learn How to Trade Crypto
Finance
12/11/2021Learn How to Trade Crypto

What's behind cryptocoins trading? Learning what is behind cryptocoins trading so that you could trade crypto coins effectively, profitably.

Read Full PostRead - Eye Icon
Leading the New Frontier of Private Investment Management
Finance
05/08/2022Leading the New Frontier of Private Investment Management

Industry FinTech, the ‘Best Fund Administration’ for 2022 in Florida, has made a name for itself across the United States of America with its front-running, highly technologically enabled, and legally compliant services.

Read Full PostRead - Eye Icon
Perspective – Four New Firms Acquired
News
01/12/2023Perspective – Four New Firms Acquired

Perspective Financial Group Acquires Four New Firms with More Growth Set to Come Perspective Financial Group has purchased an additional four financial advisory firms, taking the group’s total to 12 acquisitions in 2023. The four acquisitions are: Bright

Read Full PostRead - Eye Icon
Streamlining Your Online Payment Process: A New Era of Online Transactions
Finance
30/03/2023Streamlining Your Online Payment Process: A New Era of Online Transactions

When discussing streamlining, we mean ways to make your payment transactions more convenient. The number one benefit of streamlining is to make your customers happy, as they will be able to pay quickly and efficiently.

Read Full PostRead - Eye Icon
Christmas cancelled for nearly half of SMEs
Leadership
18/12/2015Christmas cancelled for nearly half of SMEs

Zurich’s latest SME Risk Index reveals nearly half (49%) of SME decision makers have worked on Christmas Day.



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