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Appendix 2 Multilevel Sales Enterprise Filing Report for Amendments of Record Form In accordance with the requirements of Article 7 of the Supervision Regulations Governing Multilevel Sales, the following
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Criterion for multi-level marketing refers to the standards and guidelines that define the acceptable practices for businesses that use a multi-level marketing structure to sell products or services.
Businesses and individuals who operate multi-level marketing programs are required to file criteria for multi-level marketing to ensure compliance with relevant laws and regulations.
To fill out the criterion for multi-level marketing, businesses must provide detailed information regarding their marketing structure, commission plans, and the products or services being sold, typically through an official form or application.
The purpose of the criterion for multi-level marketing is to establish a framework that ensures transparency, protects consumers, and prevents fraudulent or deceptive practices in the industry.
Information reported must include details about the compensation plan, the structure of the marketing network, products offered, potential earnings, and any associated risks.
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