b/ Within 10 working days after receiving a valid dossier of notification of termination of multi-level marketing activities, the Vietnam Competition Authority shall issue a written certification of receipt of the dossier of notification, inform provincial-level Industry and Trade Department nationwide of the business’s termination of multi-level marketing activities by one of the modes prescribed in Clause 4, Article 3 of this Circular, and post such information on its website.
c/ Within 90 days after the Vietnam Competition Authority issues a written certification of the dossier of notification of termination of multi-level marketing activities, the multi-level marketing business shall fulfill its obligations toward multi-level marketing participants as prescribed by law.
Article 10. Notification of multi-level marketing activities
1. A dossier of notification of multi-level marketing activities must comprise:
a/ A notice of multi-level marketing activities, made according to form M-10 provided in the Appendix to this Circular;
b/ A certified copy of the multi-level marketing registration certificate;
c/ Copies certified by the business of the documents prescribed in Clause 2, Article 2, and Clause 3, Article 3, of this Circular;
d/ A certified copy of the business eligibility certificate, business license or practice certificate as prescribed by law, in case of trading in goods subject to conditional business in localities (if any).
2. The business shall submit directly or send by post a dossier of notification of multi-level marketing activities directly to each of the provincial-level Industry and Trade Departments of the localities where it will conduct multi-level marketing activities.
3. Within 5 working days after receiving a dossier, a provincial-level
Industry and Trade Department shall check its completeness and validity.
In case the dossier is complete and valid, within 5 working days after its receipt, the provincial-level Industry and Trade Department shall send to the business a written certification of receipt of the dossier, made according to form M-11 or M-11A (for case of modification or supplementation of dossiers of notification under Claus 4 of this Article) provided in the Appendix to this Circular
In case the dossier is incomplete or invalid, the provincial-level Industry and Trade Department shall notify such to the business for dossier modification or supplementation. The time limit for dossier modification or supplementation is 15 working days after the provincial-level Industry and Trade Department issues a notice. The provincial-level Industry and Trade Department shall return the dossier if the business fails to modify or supplement the dossier within that time limit.