09 November 2011
A private limited company doing business as EOU. If the company starts a new business line separately from the EOU, will this endanger the EOU status of the particular unit?
22 November 2011
Yes it may endanger the status of EOU. Kindly check the EOU status/licence letter received from authority. Also check your MOA and AOA whether they auth the company to start new business.
For the Formalities for starting a New Business with Existing Business check the link below:
CAclubindia
