Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Budhha Colony. 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 allow you all important instruction 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 Budhha Colony
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 everything profits is used to marketing of public welfare. Trust are made for providing social welfare works gone women empowerment, Girls educations, education for anything peoples, providing safety gain to Animals, Setting occurring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by completion of trust finishing non judicial stamp paper (in Bihar stamp adherence is differs from other 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 publish in Trust Formation. All daylight to day protest 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 and no-one else worker of trust, Trust is genuine entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the give support to of society.
- Providing help in claiming exemption under income tax.
- For the Welfare of the heir and his relatives member
- For CSR actions of companies
- Donations from Governments and additional publics.
- Limited responsibility of Members
- Flexibility in distribution of lead among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration onslaught payment.
- Registration made later than sub registrar office where the registered office of trust is situated.
- All members gift during the registration when his documents and two witnesses.
- After 3 or 4 lively days registered Trust feat is collected from sub registrar office.
Can we reach Trust Registration online?
Till now Trust registration is adequately based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your all documents we will prepared trust Deed and then one day everything members are coming to sub registrar office. You can pay us online .