Know the detail procedure on Direct Selling Company Registration

Business Networking is the ultimate power to boost a business's revenue if channelized wisely. A professional Direct Selling Company Consultant is a must in this case. Finlaw is the ideal destination to guide you for the direct selling company registration.

Amendments to the Consumer Protection (E-Commerce) Rules, 2020 (“Draft E-Commerce Rules”) are coming on the heels of drafts, these draft rules propose a variety of requirements for direct sales agencies as proposed for e-commerce. Draft e-commerce rules. These include compulsory registration with the Department of Industry and Domestic Trade Promotion (DPIIT) (for each direct sales agency and every direct seller working in its network) and a complaint to the customer. A 24X7 nodal contact person to coordinate with the legislature regarding their orders and requirements. And a Chief Compliance Officer who will be responsible for compliance with the CPA 2019 and its rules and will be responsible for any data or communication proceedings related to direct sales agency data.
The basic rules of the draft law are largely taken from the guidelines. The draft rules clearly distinguish between the 'Direct Sales Network', the 'Money Circular Scheme' and the 'Pyramid Scheme' and mandate that a direct sales network not directly pay salespeople or recruit new promoters. In addition to the results of the sale of goods and services by their goods on the network, or any participant will not have to pay any entry/registration fee or any other fee associated with the sale or participation of the display equipment.
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