As a foreigner looking to operate a business in Malaysia, it’s important to be aware of the WRT permit requirements.
What is WRT
The WRT license is issued by the Ministry of Domestic Trade and Cost of Living (KPDN) in Malaysia and is mandatory for foreign-owned companies involved in wholesale, retail, and trading activities. Foreign investors seeking to establish such businesses in Malaysia must obtain this license.Who need a WRT License
- Foreign Ownership: Companies with over 50% foreign ownership in wholesale and retail trade need to apply for the WRT license. However, if the Malaysian ownership exceeds 50%, the company may be exempt from the license requirement.
- Business Types That Need the License:
- Retail Operation
- Wholesales Activities
- Trading (Import & Export)
- Distribute Trade
- Restaurant & Franchise Business
- Certain Consultancies & Services
