Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy facilities in Bairia. 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 pay for you everything important instruction about Trust Registration in this article in brief. We will also incite you in documents preparation for daily concern of the Trusts.
Trust Registration In Bairia
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 heir is large number of normal public.
In Trust anything profits is used to marketing of public welfare. Trust are made for providing social welfare works once women empowerment, Girls educations, education for everything peoples, providing safety lead to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by endowment of trust completion non judicial stamp paper (in Bihar stamp loyalty is differs from additional states). In Trust registration minimum 3 members is required at a era of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main make known in Trust Formation. All hours of daylight to day argument 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 total by this act. Trustees is deserted worker of trust, Trust is real entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the encouragement of society.
- Providing pro in claiming exemption under income tax.
- For the Welfare of the receiver and his family member
- For CSR happenings of companies
- Donations from Governments and new publics.
- Limited liability of Members
- Flexibility in distribution of lead among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration expansion payment.
- Registration made in the heavens of 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 keen days registered Trust endowment is collected from sub registrar office.
Can we pull off Trust Registration online?
Till now Trust registration is fully based on offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your anything documents we will prepared trust Deed and then one day anything members are coming to sub registrar office. You can pay us online .