According to the Regulations on Direct Selling Management, to apply for becoming a direct selling enterprise, the following conditions shall be met:
1. The investor has a good business reputation and has no record of major illegal business operations for five consecutive years before applying; Foreign investors should also have more than 3 years of experience in direct selling activities outside China;
2. The paid-in registered capital is not less than 80 million yuan;
3, in accordance with the provisions of this Ordinance in the designated bank to pay the deposit in full;
4. Information filing and disclosure system has been established according to regulations.
The applicant of a direct selling enterprise shall apply to the competent commercial department of the State Council through the competent commercial department of the local province, autonomous region or municipality directly under the Central Government. The competent commercial authorities of provinces, autonomous regions and municipalities directly under the Central Government shall submit the application documents and materials to the competent commercial authorities of the State Council within 7 days from the date of receipt.
The competent department of commerce of the State Council shall, within 90 days from the date of receiving all the application documents and materials, make a decision on approval or disapproval after soliciting the opinions of the administrative department for industry and commerce of the State Council. If approved, the direct selling business license shall be issued by the competent department of commerce of the State Council.
Tianjin Tongyuantang Biotechnology Co., Ltd. does not meet the relevant provisions of the Regulations on the Administration of Direct Selling, and its information cannot be found in the list of direct selling enterprises managed by the official website direct selling industry of the Ministry of Commerce, so it is not qualified as a direct selling enterprise for the time being.
Extended data:
1. Open Baidu, search for "National Enterprise Credit Information Publicity System", and click Enter;
2. Enter "Tianjin Tongyuantang Biotechnology Co., Ltd." in the search box on the home page of the national enterprise credit information publicity system, and click Query;
3. Find "Tianjin Tongyuantang Biotechnology Co., Ltd." in the search results, and click to enter;
4. As can be seen from the search results, Tianjin Tongyuantang Biotechnology Co., Ltd. is currently in the cancellation state, with a registered capital of 3.2 million RMB, which does not meet the requirements of direct selling enterprises.
Official Website-List of Direct Selling Companies-Direct Selling Industry Management of Ministry of Commerce
Jingbian county government official website-direct sales management regulations