Patna consultant provides Trust registration services, trust formation services, trust auditing facilities and trust tax consultancy facilities in Ranchi. 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 allow you anything important guidance about Trust Registration in this article in brief. We will also put up to you in documents preparation for daily matter of the Trusts.
Trust Registration In Ranchi
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 marketing of public welfare. Trust are made for providing social welfare works later women empowerment, Girls educations, education for anything peoples, providing safety pro to Animals, Setting stirring of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by capability of trust exploit non judicial stamp paper (in Bihar stamp adherence is differs from further states). In Trust registration minimum 3 members is required at a time of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main name in Trust Formation. All daylight 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 final by this act. Trustees is and no-one else worker of trust, Trust is legal 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 heir and his associates member
- For CSR activities of companies
- Donations from Governments and new publics.
- Limited answerability of Members
- Flexibility in distribution of pro among beneficiary.
Process of Trust Registration
- Preparation of trust deed upon non judicial Stamp paper.
- Government registration improvement payment.
- Registration made behind sub registrar office where the registered office of trust is situated.
- All members present during the registration as soon as his documents and two witnesses.
- After 3 or 4 involved days registered Trust finishing is collected from sub registrar office.
Can we reach Trust Registration online?
Till now Trust registration is fully based upon offline registration. In which involvement of State Government is mandatory through sub registrar. Send us your whatever documents we will prepared trust Deed and next one day whatever members are coming to sub registrar office. You can pay us online .