Revocation of Legal Knowledge Certification on Multi-Level Marketing

The Competition and Consumer Protection Department revokes the legal knowledge certification on multi-level marketing in the following cases:

- Discovery of fraudulent information in the registration file of the person granted the certification;- The multi-level marketing company ceases its multi-level marketing activities;- The person granted the legal knowledge certification on multi-level marketing terminates their labor or training contract with the multi-level marketing company. The multi-level marketing company is responsible for notifying the Competition and Consumer Protection Department when terminating the labor or training contract with the person granted the legal knowledge certification on multi-level marketing.

Procedures for revoking the legal knowledge certification on multi-level marketing:

- Within 10 working days from the occurrence of the aforementioned cases, the Competition and Consumer Protection Department shall issue and send the decision to revoke the Legal Knowledge Certification on Multi-Level Marketing to the company. The legal knowledge certification on multi-level marketing ceases to be effective from the date the Competition and Consumer Protection Department issues the revocation decision;- The Competition and Consumer Protection Department is responsible for publicly announcing the revocation of the legal knowledge certification on multi-level marketing of each multi-level marketing company on the electronic information portal of the Competition and Consumer Protection Department and the Ministry of Industry and Trade.

This content is stipulated in Article 8 of Circular 10/2018/TT-BCT effective from July 15, 2018.

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