Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Patna City. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants do to something for our society. We will offer you anything important information about Trust Registration in this article in brief. We will also help you in documents preparation for daily issue of the Trusts.

Trust Registration In Patna City

Trust is registered as per provisions of Indian Trust Act, 1882. Indian Trust Act, 1882 provides Trust is classified into two types.

1. Private trust in which beneficiaries is individuals or families.
2. Public Trust in which receiver is large number of usual public.

In Trust anything profits is used to promotion of public welfare. Trust are made for providing social welfare works like women empowerment, Girls educations, education for anything peoples, providing safety help to Animals, Setting in the works of school , Collages, Hospitals Old Age Homes, Orphanage etc.  Trust registration is created by execution of trust realization non judicial stamp paper (in Bihar stamp commitment is differs from additional states). In Trust registration minimum 3 members is required at a period of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main herald in Trust Formation. All daylight to day activity of trusts is runs by the President of Trust. All assets of Trust are property of Trust not its members. In Trust Registration no limit for the members is final by this act. Trustees is abandoned worker of trust, Trust is legal entity in eyes of law.

Advantage of Trust Registration

1. Providing social works for the bolster of society.
2. Providing benefit in claiming exemption below income tax.
3. For the Welfare of the heir and his relatives member
4. For CSR undertakings of companies
5. Donations from Governments and additional publics.
6. Limited answerability of Members
7. Flexibility in distribution of gain among beneficiary.

Process of Trust Registration

1. Preparation of trust deed upon non judicial Stamp paper.
2. Government registration press on payment.
3. Registration made like sub registrar office where the registered office of trust is situated.
4. All members gift during the registration as soon as his documents and two witnesses.
5. After 3 or 4 on the go days registered Trust deed is collected from sub registrar office.

Can we reach Trust Registration online?

Till now Trust registration is sufficiently based on offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your all documents we will prepared trust Deed and after that one day everything members are coming to sub registrar office. You can pay us online .