Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy services in Chanho. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants get to something for our society. We will manage to pay for you whatever important instruction about Trust Registration in this article in brief. We will also put stirring to you in documents preparation for daily issue of the Trusts.
Trust Registration In Chanho
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 beneficiary is large number of normal public.
In Trust all profits is used to promotion of public welfare. Trust are made for providing social welfare works gone women empowerment, Girls educations, education for whatever peoples, providing safety plus to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by finishing of trust expertise non judicial stamp paper (in Bihar stamp commitment is differs from additional states). In Trust registration minimum 3 members is required at a become old of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main pronounce in Trust Formation. All day 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 fixed by this act. Trustees is unaided worker of trust, Trust is legal entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the help of society.
- Providing pro in claiming exemption under income tax.
- For the Welfare of the heir and his relations member
- For CSR activities of companies
- Donations from Governments and further publics.
- Limited liability of Members
- Flexibility in distribution of help among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration move forward payment.
- Registration made next sub registrar office where the registered office of trust is situated.
- All members gift during the registration taking into account his documents and two witnesses.
- After 3 or 4 functioning days registered Trust attainment is collected from sub registrar office.
Can we reach Trust Registration online?
Till now Trust registration is adequately 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 next one day whatever members are coming to sub registrar office. You can pay us online .