Wholesale Retail Trade (WRT) License
A company needs a WRT license when foreign nationals hold more than 50% of its share. If you need a WRT license, you can apply online here.
Processing steps of your applications
Frequently Asked Question
What is a Wholesale Retail Trade (WRT) License?
The Wholesale Retail Trade (WRT) license is a retail trade licence issued by the Ministry of Domestic Trade and Consumerism in Malaysia. WRT license allows businesses to purchase and sell goods at wholesale prices and to sell these goods to the public at retail prices. The WRT license is required for businesses that wish to engage in the wholesale or retail sale of goods in Malaysia.
Why is a Wholesale Retail Trade (WRT) License essential?
A Wholesale Retail Trade (WRT) license is essential because it allows businesses to purchase and sell goods at wholesale prices. This can be a great way to increase your business’s visibility and improve its bottom line. Furthermore, holding a WRT license often signifies that your company is a reputable and trustworthy organization.
How do you apply for a Wholesale Retail Trade (WRT) License?
You can apply for a Wholesale Retail Trade (WRT) License by completing the application on our website. You will need to provide the following information when completing the application:
- Your business name and address.
- The names of all owners, partners, officers, and directors of the business.
How long does it take to get a Wholesale Retail Trade (WRT) License?
The process of obtaining a Wholesale Retail Trade (WRT) License in Malaysia can take some time, depending on the specific requirements of your application. Usually, it takes around two months, but it may take longer depending on the case. Once your application is approved, you will be issued a license that is valid for three years.
Who is eligible to apply for Wholesale Retail Trade (WRT) License?
To be eligible to apply for a Wholesale Retail Trade (WRT) license, you must first be a Malaysian company or corporation registered with the Companies Commission of Malaysia (CCM). Secondly, your company must have all the valid business licenses and lastly, more than 50% of its share should belong to foreign nationals.
Who issues the Wholesale Retail Trade (WRT) License?
The Wholesale Retail Trade (WRT) license is issued by the Ministry of Domestic Trade and Consumerism in Malaysia.
What is the purpose of the Wholesale Retail Trade (WRT) License?
The purpose of a WRT licence is to enable a business to trade wholesale and retail sales. A WRT licence is required for any person or company who wishes to engage in wholesale trading, including manufacturers, importers, exporters and distributors. A wholesale, retail trade (WRT) license is a government-issued permit that allows businesses to buy and sell goods at wholesale prices to other businesses.