Adding More Prohibited Acts in Multi-level Marketing Activities

19:24, 10/07/2024

Business activities conducted through multi-level marketing (multi-level marketing) from May 2, 2018, will be regulated by Decree 40/2018/ND-CP. Accordingly, prohibited acts in multi-level marketing activities will be supplemented with some new regulations.

To be specific, some prohibited acts in multi-level marketing activities have been newly supplemented as follows:

- When the certificate of registration for multi-level marketing activities has not been issued:

- It is prohibited to organize, host conferences, seminars, training sessions, or introduce multi-level marketing activities for multi-level marketing businesses or individuals;- It is prohibited for individuals to participate in and engage with the activities of multi-level marketing businesses or individuals;

- Participants in multi-level marketing are prohibited from conducting multi-level marketing activities in localities where the enterprise has not been granted registration confirmation for multi-level marketing activities.

Decree 40/2018/ND-CP on the management of multi-level marketing activities came into effect on May 2, 2018, replacing Decree 42/2014/ND-CP.

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