Simplest form of NGO registration in Burmi is Trust Registration. A minimum of three people who may or may not be of the same family come together to a mutual deal to fulfil a motive of common good can have the funds for the membership a form of trust. Trust registration in Burmi can be done in 4-5 full of zip days. A trust completion is drafted and is registered gone the District Registrar in presence of witness. Once the execution is registered the registration process is complete thereafter the trust may apply for PAN and open bank account to carry on its business.
DOCUMENTS AND INFORATION REQUIRED FOR TRUST REGISTRATION:
- TRUSTEE – MINIMUM 3
PAN
AADDHAR
Photograph
- ADDRESS PROOF OF TRUST
Electricity savings account and Rent Agreement
- NAME OF THE TRUST
- OBJECT OF THE TRUST
- DETAILS OF THE TRSUTEES HOLDING THE POSITION OF PRESIDENT, SECRETARY AND TREASURER
CAN A TRUST APPLY FOR 12A/80G REGISTRATION?
Yes, a trust can any mature after its registration apply for 12A/80G registration.
IS TRUST A NGO?
A trust having a 12A registration shall be considered as NGO for the target of Income Tax Act on the other hand it will be considered as relationship of person.
WHAT IS A TRUST DEED?
A trust deed is a legal document evidencing the registration and instigation of trust and it contains in detail rights and liabilities of Trust and its Trustees.
CAN A TRSUT BE DISSOLVED?
Yes a Trust can be dissolved but on your own after mutual consent of all the Trustees.