Business Focus No.09/2014

Business Focus No.09/2014: TRAINING ACTIVITIES OF MULTI-LEVEL SALES ENTERPRISES

Decree 42/2014/ND-CP dated May 14th 2014 on management of multi-level sales activities (“Decree 42”) and the Circular 24/2014/TT-BCT detailing a number of articles of Decree 42 (“Circular 24”) issued recently are expected to improve the legal framework, enhance the effect of state management of multi-level sales activities, prevent the illegal business act or negative disguise and create a favorable legal framework for genuine multi-level marketing enterprises.

However, new regulations of Decree 42 and Circular 24 are questioned that whether these regulations are suitable for practice of enterprises and feasible?

For further legal analysis of ATIM’s MLS team on foregoing article and other usefull news of investment index, new legal provisions, please find the download link below for full information.