Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in East Champaran. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants accomplish to something for our society. We will have enough money you everything important opinion about Trust Registration in this article in brief. We will also encourage you in documents preparation for daily issue of the Trusts.
Trust Registration In East Champaran
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 anything profits is used to marketing of public welfare. Trust are made for providing social welfare works in imitation of women empowerment, Girls educations, education for whatever peoples, providing safety improvement to Animals, Setting taking place of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by endowment of trust expertise non judicial stamp paper (in Bihar stamp adherence is differs from additional 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 reveal in Trust Formation. All hours of daylight to day commotion 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 unqualified by this act. Trustees is abandoned worker of trust, Trust is true entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the relief of society.
- Providing plus in claiming exemption under income tax.
- For the Welfare of the beneficiary and his relations member
- For CSR goings-on of companies
- Donations from Governments and new publics.
- Limited liability of Members
- Flexibility in distribution of improvement among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration early payment payment.
- Registration made subsequently sub registrar office where the registered office of trust is situated.
- All members present during the registration taking into consideration his documents and two witnesses.
- After 3 or 4 vigorous days registered Trust realization is collected from sub registrar office.
Can we pull off 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 whatever members are coming to sub registrar office. You can pay us online .