Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Arah. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants get to something for our society. We will have enough money you everything important guidance about Trust Registration in this article in brief. We will also urge on you in documents preparation for daily issue of the Trusts.
Trust Registration In Arah
Trust is registered as per provisions of Indian Trust Act, 1882. Indian Trust Act, 1882 provides Trust is classified into two types.
- Private trust in which beneficiaries is individuals or families.
- 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 next women empowerment, Girls educations, education for all peoples, providing safety improvement to Animals, Setting stirring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by completion of trust deed non judicial stamp paper (in Bihar stamp duty is differs from further states). In Trust registration minimum 3 members is required at a mature of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main reveal in Trust Formation. All hours of daylight to day to-do 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 unconditional by this act. Trustees is abandoned worker of trust, Trust is valid entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the advance of society.
- Providing lead in claiming exemption below income tax.
- For the Welfare of the receiver and his relatives member
- For CSR events of companies
- Donations from Governments and new publics.
- Limited responsibility of Members
- Flexibility in distribution of plus among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration enhance payment.
- Registration made later sub registrar office where the registered office of trust is situated.
- All members gift during the registration following his documents and two witnesses.
- After 3 or 4 practicing days registered Trust finishing is collected from sub registrar office.
Can we realize Trust Registration online?
Till now Trust registration is sufficiently based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your everything documents we will prepared trust Deed and later one day whatever members are coming to sub registrar office. You can pay us online .