Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy services in Kantatoli. 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 give you all important counsel about Trust Registration in this article in brief. We will also incite you in documents preparation for daily concern of the Trusts.
Trust Registration In Kantatoli
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 normal public.
In Trust all profits is used to promotion of public welfare. Trust are made for providing social welfare works as soon as women empowerment, Girls educations, education for all peoples, providing safety pro to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by feat of trust capability non judicial stamp paper (in Bihar stamp adherence is differs from extra states). In Trust registration minimum 3 members is required at a era of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main state in Trust Formation. All hours of daylight to day activity 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 resolved by this act. Trustees is forlorn worker of trust, Trust is authenticated entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the benefits of society.
- Providing improvement in claiming exemption under income tax.
- For the Welfare of the receiver and his associates member
- For CSR happenings of companies
- Donations from Governments and additional publics.
- Limited responsibility of Members
- Flexibility in distribution of improvement among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration encroachment payment.
- Registration made subsequent to sub registrar office where the registered office of trust is situated.
- All members gift during the registration in imitation of his documents and two witnesses.
- After 3 or 4 committed days registered Trust expertise is collected from sub registrar office.
Can we get 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 all documents we will prepared trust Deed and later one day all members are coming to sub registrar office. You can pay us online .