WHOLESALE AND RETAIL TRADE LICENSE

By MALAYA CORPORATE
The Ministry of Domestic Trade and Consumer Affairs (MDTCA) is the body responsible for approving Wholesale and Retail Trade License (WRT) applications. Wholesale and Retail Trade License is a license used by foreign -owned companies wishing to carry out distribution trade services in Malaysia. Foreign -owned companies refer to companies in which more than 50% of its total shares owned by non -Malaysians. However, if the Malaysian share ownership exceeds 50%, then the company will be exempted from applying this license.

The Wholesale and Retail Trade License covers 4 main categories of distributive trade namely retail, trade (import and export), distributive trade, restaurants, franchises, and services and consultancy.
Among the list of types of businesses that non -Malaysian citizens are not allowed to be established in Malaysia. There are: –
Supermarkets and mini markets
Provision shop
Furniture and fittings
Photo frame shop
Textiles and clothing
Computer accessories
Hair salon
Laundry shop
Small and non -exclusive restaurant
Prepaid card business
Cyber Café
Car glass and aluminum workshop
Herbal product business
Spa – only for shareholders and spa in the hotel
Restaurants, bistro and cafes – exclusive concept & shareholders allowed
Cleaning and maintenance
Massage parlour

Here are the details and information to apply for a license:
CONDITIONS OF APPLICATION | i) Comply with Companies Act 2016 for the establishment of the companyii) Have a business premises licenseiii) Work permit (DP10) from the Immigration Departmentiv) Have a valid rental agreement & telephone line |
PAID -UP CAPITAL (RM) | 1,000,000 |
HOW TO APPLY | i. Completed WRT 1 Formii. Company profile/ business planiii. the latest Company Profile (Computer Print Out) and copies of form 49 certified by CCMiv. Copy of Form 32A (stamped if there is a change in shareholders)v. Copy of IRB tax registration confirmation lettervi. Copy of license issued by the local authority (which is still valid)vii. Copy of tenancy agreement/ S&P of business premises agreement that has been stamped (if do not have a local authority license)viii. Copy of license or approval letter of business from the Ministry/ Agency/ Department (If any)ix. Copy of Customs Department Clearance document (K1/ K2)/ latest document of delivery order/ Sales Invoice/ purchase order (last 3 months)x. For restaurants only: Food and beverage menu and cooking qualification documents (academic/experience)xi. Photos related to business premises and products* Applications must be submitted to the KPDNHEP Distributive Trade Committee* Application is subject to the approval of the KPDNHEP Distributive Trade Committee |
APPLICATION PERIOD | 1-2 Months |
LICENSE VALIDITY PERIOD | 2 Years (Renewal application must be made 3 months before the expiry date) |