Why Do You Need a WRT License?-FOZL - International Accounting & Advisory Firm

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Why Do You Need a WRT License?

In Malaysia, the trade sector covers a wide range of activities—from import and export, wholesale and retail, to online marketplaces and e-commerce. But if your company is foreign-owned or foreign-controlled, and you're planning to engage in trade activities here, the WRT License (Wholesale, Retail & Trade) is a mandatory requirement before you can begin operations.

Issued by Malaysia’s Ministry of Domestic Trade and Cost of Living (KPDN), the WRT license ensures that foreign businesses comply with local trade laws and business regulations. Whether you're setting up a retail store, an online business, or a distribution channel, you’ll need this license to operate legally.

Who Needs to Apply?
You must apply for a WRT license if your company meets any of the following criteria:
• More than 50% foreign ownership (individuals or companies)
• Engaged in wholesale, retail, trading, or related service-based activities
• Company is registered but not yet licensed to operate

Why Is the WRT License So Important?
• Legal Operating Status: Without it, your company can’t start operations—even if it’s legally incorporated
• Access to Key Services: No WRT means no business premises approval, no bank account, and no import/export licensing
• Market Access: With WRT, you can fully operate in Malaysia, including physical stores, B2B trade, and online platforms
• Credibility Boost: Legal compliance reassures your clients, partners, and investors—especially in B2B transactions

Contact FOZL today and take the first legal step toward your trade venture in Malaysia.
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