Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Banka. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants attain to something for our society. We will find the child maintenance for you all important suggestion about Trust Registration in this article in brief. We will also back up you in documents preparation for daily issue of the Trusts.

Trust Registration In Banka

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 heir is large number of normal public.

In Trust whatever profits is used to publicity of public welfare. Trust are made for providing social welfare works behind women empowerment, Girls educations, education for anything peoples, providing safety improvement to Animals, Setting up of school , Collages, Hospitals Old Age Homes, Orphanage etc.  Trust registration is created by endowment of trust deed non judicial stamp paper (in Bihar stamp duty is differs from other 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 broadcast 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 fixed by this act. Trustees is only worker of trust, Trust is authentic entity in eyes of law.

Advantage of Trust Registration

1. Providing social works for the give support to of society.
2. Providing pro in claiming exemption below income tax.
3. For the Welfare of the beneficiary and his relations member
4. For CSR endeavors of companies
5. Donations from Governments and additional publics.
6. Limited liability of Members
7. Flexibility in distribution of pro among beneficiary.

Process of Trust Registration

1. Preparation of trust deed on non judicial Stamp paper.
2. Government registration progress payment.
3. Registration made like sub registrar office where the registered office of trust is situated.
4. All members present during the registration once his documents and two witnesses.
5. After 3 or 4 full of life days registered Trust skill is collected from sub registrar office.

Can we attain Trust Registration online?

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