Section G · Wholesale and retail trade; repair of motor vehicles and motorcycles/Division
47

Retail trade, except of motor vehicles and motorcycles

Open to foreigners

Open to 100% foreign ownership under standard Malaysian policy.

Foreign equity
100%
Fully open
Capital floor
None
Standard Sdn Bhd RM 1
Key licences
1
1 conditional
Setup timeline
8–12 wk
Foreign Sdn Bhd via Emerhub
Set up for this MSICOne-business-day quote · MSIC 47 pre-filled
What you'll need to apply for

Licences & permits

Licences & permits

Specific to this activity
Conditional
Common requirements for most Malaysian businesses7

Have Emerhub file every licence above for you

We'll prepare the forms, liaise with each agency and track approvals — bundled with Sdn Bhd setup. Agency fees are paid to the issuing authority; our service fee is quoted separately.

Get a quote

Source: MalaysiaBiz / BLESS licence catalog.

Official statistics

Sector context

Official statistics (DOSM)

GDP (real, quarterly)
RM 39.9B
+4.5% YoY
As of 2025-Q4 (Quarterly)

Source: Department of Statistics Malaysia (DOSM) open data, attached to MSIC division 47. Index values use the official DOSM base year (typically 2015 = 100). Indicators refresh monthly or quarterly per dataset. Where a DOSM subsector spans multiple MSIC divisions, the same headline is shown on each — it is the subsector total, not an allocated share.

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