Patna consultant provides Trust registration services, trust formation services, trust auditing services and trust tax consultancy facilities in Rupaspur. 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 everything important counsel about Trust Registration in this article in brief. We will also assist you in documents preparation for daily thing of the Trusts.
Trust Registration In Rupaspur
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 promotion of public welfare. Trust are made for providing social welfare works similar to women empowerment, Girls educations, education for all peoples, providing safety lead to Animals, Setting up of school , Collages, Hospitals Old Age Homes, Orphanage etc. Trust registration is created by realization of trust talent non judicial stamp paper (in Bihar stamp faithfulness is differs from further states). In Trust registration minimum 3 members is required at a grow old of registration after registration number can be increased by Resolution in Trust meeting. Trusty, president and Settler is main say in Trust Formation. All day 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 given by this act. Trustees is on your own worker of trust, Trust is true entity in eyes of law.
Advantage of Trust Registration
- Providing social works for the support of society.
- Providing lead in claiming exemption below income tax.
- For the Welfare of the heir and his associates member
- For CSR events of companies
- Donations from Governments and further 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 loan payment.
- Registration made next 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 energetic days registered Trust feat is collected from sub registrar office.
Can we complete Trust Registration online?
Till now Trust registration is adequately 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 next one day whatever members are coming to sub registrar office. You can pay us online .