Legislative regulation of MLM in Germany

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mehadihasan123456
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Joined: Sat Dec 21, 2024 8:05 am

Legislative regulation of MLM in Germany

Post by mehadihasan123456 »

Since 1967, the German Direct Selling Association (BDD) has been active. The BDD created a Code of Conduct for MLM companies in order to protect the interests of the industry and avoid the creation of any illegal pyramid schemes.

In order to develop the German direct sales industry, BDD has developed an online course to improve the qualifications of distributors and a manual for MLM project founders. The manual describes the legal requirements viber data for such companies and practical advice on scaling a business.

The MLM industry in Germany is also strictly controlled by the local government. Network companies in the country must comply with the Unfair Competition Act, which prevents consumer fraud and overly aggressive sales methods, and the Consumer Protection Act. In addition, companies must enter into contracts with their distributors that clearly and transparently spell out all the terms of cooperation, the structure of rewards, the terms of bonus payments and termination of cooperation.

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Thus, the network marketing industry in Germany continues to grow continuously, attracting more and more distributors and remaining one of the most promising areas for the development of network business in Europe. But in order to successfully launch your own MLM company in this country, it is important to choose the right product for implementation, create a transparent marketing plan, familiarize yourself with all legal requirements and obtain the appropriate license.
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