Simplest form of NGO registration in Narkopi is Trust Registration. A minimum of three people who may or may not be of the same family come together to a mutual bargain to fulfil a motive of common good can pay for the membership a form of trust. Trust registration in Narkopi can be curtains in 4-5 dynamic days. A trust endowment is drafted and is registered later the District Registrar in presence of witness. Once the attainment is registered the registration process is pure thereafter the trust may apply for PAN and approach bank account to carry upon its business.
DOCUMENTS AND INFORATION REQUIRED FOR TRUST REGISTRATION:
- TRUSTEE – MINIMUM 3
PAN
AADDHAR
Photograph
- ADDRESS PROOF OF TRUST
Electricity report 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 get older 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 intend of Income Tax Act on the other hand it will be considered as association of person.
WHAT IS A TRUST DEED?
A trust realization is a legitimate document evidencing the registration and foundation 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 only after mutual assent of everything the Trustees.