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Benefits of an effective compliance programme
Business, Tilleke & Gibbins International Ltd, Published on 15/04/2016
» Companies and the people who run them are subject to an increasing array of local and international regulations. Running afoul of these regulations can lead to corporate scandals that hurt a firm's reputation and cause lasting damage. A compliance and ethics programme can help ensure that an organisation operates within the law and stays true to its own ethical principles that are important to the company's business and identity.
Goodbye Kafka, hello clarity: licensing reform on the way
Business, Tilleke & Gibbins International Ltd, Published on 26/06/2015
» In Franz Kafka's novel The Castle, the protagonist tries in vain to get in touch with a mysterious group of administrators who run a small village from a castle. The character is challenged to learn the constantly changing ways and customs of the castle's imposing bureaucracy.
Customs arbitration for disputes on security amount
Business, Tilleke & Gibbins International Ltd, Published on 05/04/2013
» When importers bring products into Thailand, the goods need to pass through customs formalities, during which officials will inspect the products to assess duties. Duties are determined based on the real market value of the product and all related taxes. This means that the amount of duty can vary in different circumstances, resulting in some importers disagreeing with the amount assessed.