Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy facilities in Bhojpur. 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 have enough money you everything important instruction about Trust Registration in this article in brief. We will also put occurring to you in documents preparation for daily thing of the Trusts.
Trust Registration In Bhojpur
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 whatever profits is used to marketing of public welfare. Trust are made for providing social welfare works taking into consideration women empowerment, Girls educations, education for anything peoples, providing safety benefit to Animals, Setting up of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by feat of trust execution non judicial stamp paper (in Bihar stamp faithfulness is differs from supplementary 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 morning to day excitement 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 given by this act. Trustees is forlorn worker of trust, Trust is authentic entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the foster of society.
- Providing pro in claiming exemption under income tax.
- For the Welfare of the beneficiary and his relations member
- For CSR activities of companies
- Donations from Governments and new publics.
- Limited responsibility of Members
- Flexibility in distribution of gain among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration innovation payment.
- Registration made once sub registrar office where the registered office of trust is situated.
- All members present during the registration afterward his documents and two witnesses.
- After 3 or 4 full of zip days registered Trust completion is collected from sub registrar office.
Can we reach Trust Registration online?
Till now Trust registration is abundantly 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 everything members are coming to sub registrar office. You can pay us online .