Eou
This query is : Resolved
Nikhil Kumar
(Querist)
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?
RG - A Helping Hand
(Expert)
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:
https://www.caclubindia.com/articles/formalities-for-starting-a-new-business-3087.asp
For the Formalities for starting a New Business with Existing Business check the link below:
https://www.caclubindia.com/articles/formalities-for-starting-a-new-business-3087.asp
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