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Dedicated to being your reliable partner in the Malaysian market, helping you successfully launch your journey to success in Malaysia.
Trade
Trade is a vital component of Malaysia’s economy, encompassing import-export activities, wholesale and retail commerce, e-commerce, and supply chain management. As a strategic trade hub in Southeast Asia, Malaysia enforces regulations and licensing to ensure legal compliance and facilitate international trade growth.
Foreign-owned companies intending to engage in wholesale, retail, or trade activities in Malaysia must obtain the WRT License.
What is a WRT License?
The Wholesale, Retail & Trade (WRT) License is a mandatory license issued by the Ministry of Domestic Trade and Cost of Living (KPDN). It allows foreign companies to conduct trade-related business in Malaysia, including wholesale, retail, import-export, and distribution operations.
Eligible Business Types for WRT License:
- Import and export trading companies
- Wholesalers and retailers (e.g., department stores, e-commerce platforms)
- Trade agents and distributors
- Chain restaurants, supermarkets, and franchises
Why is the WRT License Important?
- 1. Legal Compliance: A WRT License is required for foreign-owned companies to legally operate trade-related businesses in Malaysia.
- 2. Market Access: It is a prerequisite for opening retail outlets, launching e-commerce platforms, or engaging in distribution operations.
WRT License-Related Policies and Benefits:
- 1. Foreign Investment Access: 100% foreign ownership is allowed in most sectors, with streamlined approvals for specific industries.
- 2. Trade & Investment Incentives: Eligible companies may apply for Investment Tax Allowance (ITA) and Market Development Grant (MEF) to expand internationally.
- 3. Import Duty Benefits: Eligible goods may receive import duty exemptions under Malaysia’s Free Trade Agreements (FTAs).
Industries That Require a WRT License:
- Import & Export Trade:
Companies trading electronics, machinery, food, garments, etc. - Wholesale & Retail:
Retail outlets, department stores, franchise operations
Development Trends in Malaysia's Trade Sector:
The government’s National Trade Blueprint emphasizes:
- Digital Trade:
Advancing e-commerce and cross-border digital trade - FTA Expansion:
Facilitating trade within ASEAN and under the Regional Comprehensive Economic Partnership (RCEP) - Smart Logistics & Supply Chains:
Enhancing warehousing and cross-border logistics efficiency
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