WRT - WHOLESALE RETAIL TRADE LICENSE MALAYSIA

LET'S KNOW WHAT IS A MALAYSIAN - WRT LICENSE & FOR WHICH BUSINESS

A Wholesale Retail Trade license is a business license applicable to foreign owned (non-resident) company. A non-resident status company describes the total share ownership of the company with more than 50% owned by foreigners.

Investors specially foreign investors should be careful on business licenses while open company in Malaysia & start business. Because for a genuine business process, proper licensing is a must, for business operations, foreign trade, banking & immigration issues. Should chose a company secretary or business advisor experienced enough to advice or guide you for all this licenses process, as Lim & Ani Associates providing a full license processing advisory.

For foreign businessmen & investors in Malaysia, WRT license is one of the most common license, Wholesale Retail Trade license is for foreign-owned companies intending to do retail & wholesale trade business in Malaysia. Approval for the WRT license is given by the Ministry of Domestic Trade, Cooperatives and Consumerism (MDTCC) or the Kementrian Perdagangan Dalam Negeri dan Hal Ehwal Pengguna (KPDNHEP).

WRT licenses are generally given to 4 main categories of trades in Malaysia, namely:

1. Retail & Trading (Import and Export)
2. Restaurant
3. Franchise
4. Services and Consultancy

WRT license issuance is purposed to:

1. Ensure a fair development of the industry, while ensuring the growth of local businesses & market
2. Encourage the modernization and increase the efficiency of the industry and its continued contribution to the growth of the economy
3. Regulate foreign participation in the distributive trade sector in Malaysia.

To apply for a WRT license investors must have a SDN BHD company mentioning above business nature's & a genuine business setup including banking & taxation files. Your business advisor will know & do the application papers process for you to apply in concerned authority department. As one of the leading business & investment service firm we are providing, company registration, company secretarial, accounting, audit, licenses process advisory, banking, business setup & business advisory.

Our company registration service package includes:

• Company registration
• Company forms/super form & sections
• CTC's & chop
• Name search
• SSM charges
• Foreign directors document certification
• Printing & Filing
• Share distribution agreement
• Finding nominee director & agreement
• Prepare sign board & Premises licenses application documents
• Prepare business licenses application documents
• Registered office facility & virtual office facility
• Bank accountopening charges (first bank account)
• Service charge & related services
• Business counseling, planing & setup advisory

Why Choose Lim & Ani Associates Sdn Bhd
We are providing one of the best business & company services in Malaysia, with experienced & licensed company secretaries, professional accountants, auditors & tax experts, expert business advisors and we are offering a one stop business solution in Malaysia. As a leading corporate service provider, we make sure that your company registration in Malaysia runs smoothly & tensions free, while meeting all the existing compliance laws and regulations.

Call, Email or text us & take appointment from website to visit our office in Malaysia.
LIM & ANI ASSOCIATES SDN BHD
+60108242527 (imo, whatsap & Viber)
+601121189303
+603-84081680 (office land line)
[email protected]
www.mbbusinessjoint.com

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