Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy services in Oramanjhi. 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 have enough money you whatever important suggestion about Trust Registration in this article in brief. We will also assist you in documents preparation for daily business of the Trusts.
Trust Registration In Oramanjhi
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 heir 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 later than women empowerment, Girls educations, education for all peoples, providing safety pro to Animals, Setting up of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by finishing of trust achievement non judicial stamp paper (in Bihar stamp loyalty is differs from other states). In Trust registration minimum 3 members is required at a epoch of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main broadcast in Trust Formation. All hours of daylight to day to-do 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 solution by this act. Trustees is unaccompanied worker of trust, Trust is valid entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the serve of society.
- Providing benefit in claiming exemption below income tax.
- For the Welfare of the beneficiary and his associates member
- For CSR undertakings of companies
- Donations from Governments and new publics.
- Limited answerability of Members
- Flexibility in distribution of plus among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration evolve payment.
- Registration made as soon as sub registrar office where the registered office of trust is situated.
- All members gift during the registration later his documents and two witnesses.
- After 3 or 4 energetic days registered Trust attainment is collected from sub registrar office.
Can we realize 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 whatever documents we will prepared trust Deed and later one day all members are coming to sub registrar office. You can pay us online .