Multi-level marketing businesses must deposit no less than 20 billion VND

Legal Consulting Office of Lao Dong Newspaper answers:

Point c, Clause 1, Article 8 of Decree 137/2026/ND-CP on management of multi-level business activities (effective from July 1, 2026), stipulates that organizations registering multi-level sales activities must meet the following conditions: Deposit at a commercial bank or foreign bank branch in Vietnam as prescribed in Clause 2, Article 50 of this Decree;

Clause 2, Article 50 of Decree 137/2026/ND-CP stipulates: Multi-level marketing enterprises are responsible for opening a deposit account and depositing an amount equivalent to 5% of charter capital but not less than 20 billion VND (twenty billion VND) at a commercial bank or foreign bank branch in Vietnam. Multi-level marketing enterprises and deposit-receiving banks sign deposit contracts with contents consistent with the provisions of law.

Thus, from July 1, 2026, multi-level marketing enterprises must open a deposit account and deposit an amount equivalent to 5% of charter capital but not less than 20 billion VND (twenty billion VND) according to the above regulations.