Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy services in Lapung. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants complete to something for our society. We will allow you everything important guidance about Trust Registration in this article in brief. We will also back up you in documents preparation for daily situation of the Trusts.

Trust Registration In Lapung

Trust is registered as per provisions of Indian Trust Act, 1882. Indian Trust Act, 1882 provides Trust is classified into two types.

1. Private trust in which beneficiaries is individuals or families.
2. Public Trust in which beneficiary is large number of usual public.

In Trust whatever profits is used to promotion of public welfare. Trust are made for providing social welfare works in the publicize of women empowerment, Girls educations, education for all peoples, providing safety lead to Animals, Setting happening of school , Collages, Hospitals Old Age Homes, Orphanage etc.  Trust registration is created by ability of trust completion non judicial stamp paper (in Bihar stamp faithfulness 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 make known in Trust Formation. All morning to day upheaval 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 unmovable by this act. Trustees is solitary worker of trust, Trust is legal entity in eyes of law.

Advantage of Trust Registration

1. Providing social works for the abet of society.
2. Providing improvement in claiming exemption under income tax.
3. For the Welfare of the receiver and his relatives member
4. For CSR actions of companies
5. Donations from Governments and new publics.
6. Limited responsibility of Members
7. Flexibility in distribution of benefit among beneficiary.

Process of Trust Registration

1. Preparation of trust deed upon non judicial Stamp paper.
2. Government registration early payment payment.
3. Registration made next sub registrar office where the registered office of trust is situated.
4. All members gift during the registration like his documents and two witnesses.
5. After 3 or 4 in force days registered Trust execution is collected from sub registrar office.

Can we pull off Trust Registration online?

Till now Trust registration is thoroughly based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your anything documents we will prepared trust Deed and next one day whatever members are coming to sub registrar office. You can pay us online .