Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Patna. Trust is type of NGO (Non Profit Organization) which is runs by the persons or entities who wants get to something for our society. We will come taking place with the money for you everything important recommendation about Trust Registration in this article in brief. We will also urge on you in documents preparation for daily event of the Trusts.
Trust Registration In Patna
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 usual public.
In Trust anything profits is used to promotion of public welfare. Trust are made for providing social welfare works later women empowerment, Girls educations, education for anything peoples, providing safety gain to Animals, Setting going on of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by expertise of trust feat non judicial stamp paper (in Bihar stamp faithfulness is differs from additional 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 conclusive by this act. Trustees is deserted worker of trust, Trust is true entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the facilitate of society.
- Providing gain in claiming exemption under income tax.
- For the Welfare of the heir and his family member
- For CSR events of companies
- Donations from Governments and extra publics.
- Limited liability of Members
- Flexibility in distribution of lead among beneficiary.
Process of Trust Registration
- Preparation of trust deed on non judicial Stamp paper.
- Government registration progress payment.
- Registration made when sub registrar office where the registered office of trust is situated.
- All members gift during the registration gone his documents and two witnesses.
- After 3 or 4 involved days registered Trust completion is collected from sub registrar office.
Can we realize Trust Registration online?
Till now Trust registration is sufficiently based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your everything documents we will prepared trust Deed and subsequently one day everything members are coming to sub registrar office. You can pay us online .