The license is required by wholesalers, retailers, direct sellers, suppliers and even franchise practitioners. It is very common among foreign-owned companies. Wholesale or retail trade– Arguably the most sought out type of license in Malaysia is the Wholesale Retail Trade (WRT) License.Your company can be exempted from needing such a license only if the company’s paid up or shareholder’s fund does not exceed RM 2.5 million or if the company has a labor force of less than 75. In order to do so, they should provide certain documents including their Memorandum and Articles of Associations, Certificate of Incorporation, and the Registered Address. Manufacturing Sector-Anyone getting into the manufacturing industry should obtain their manufacturing licenses.Examples of such industry or sector include the following It is done more or less to ensure that these certain industries in the country develop better. The government decides which sectors will fall under these licensing. These kinds of licenses are given out to the specific industry. The list o General Licenses are given below These are licenses that are required and are only applicable once the investor has gone on with his decision to conduct his business in Malaysia. In Malaysia, business license can be sorted out in three different groups
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