Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy services in Bariyatu. 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 give you whatever important guidance about Trust Registration in this article in brief. We will also help you in documents preparation for daily event of the Trusts.
Trust Registration In Bariyatu
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 normal public.
In Trust anything profits is used to publicity of public welfare. Trust are made for providing social welfare works later than women empowerment, Girls educations, education for anything peoples, providing safety benefit to Animals, Setting occurring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by finishing of trust completion non judicial stamp paper (in Bihar stamp duty is differs from extra 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 pronounce in Trust Formation. All morning to day bother 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 unmovable by this act. Trustees is lonely worker of trust, Trust is authentic entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the relief of society.
- Providing improvement in claiming exemption below income tax.
- For the Welfare of the beneficiary and his intimates member
- For CSR happenings of companies
- Donations from Governments and additional publics.
- Limited responsibility of Members
- Flexibility in distribution of pro among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration development payment.
- Registration made subsequently sub registrar office where the registered office of trust is situated.
- All members gift during the registration in imitation of his documents and two witnesses.
- After 3 or 4 keen days registered Trust talent is collected from sub registrar office.
Can we do Trust Registration online?
Till now Trust registration is thoroughly 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 anything members are coming to sub registrar office. You can pay us online .