Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Hindpiri. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants realize to something for our society. We will offer you whatever important assistance about Trust Registration in this article in brief. We will also encourage you in documents preparation for daily concern of the Trusts.
Trust Registration In Hindpiri
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 publicity of public welfare. Trust are made for providing social welfare works when women empowerment, Girls educations, education for all peoples, providing safety gain to Animals, Setting happening of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by realization of trust achievement non judicial stamp paper (in Bihar stamp loyalty is differs from further states). In Trust registration minimum 3 members is required at a times of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main proclaim in Trust Formation. All daylight to day objection 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 complete by this act. Trustees is by yourself worker of trust, Trust is authenticated entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the help of society.
- Providing help in claiming exemption under income tax.
- For the Welfare of the receiver and his intimates member
- For CSR endeavors of companies
- Donations from Governments and new 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 on payment.
- Registration made taking into consideration sub registrar office where the registered office of trust is situated.
- All members gift during the registration next his documents and two witnesses.
- After 3 or 4 practicing days registered Trust execution is collected from sub registrar office.
Can we get Trust Registration online?
Till now Trust registration is sufficiently 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 all members are coming to sub registrar office. You can pay us online .