DSB provides you with the registrations, financial, tax and business planning of the entities planning to start in non corporate space keeping in view the size and objective of the business.
TRUSTS
Trust Registration is done in India by the Trust Act, 1882. Trust is the transfer of property by the owner to someone else for the benefit of a third person and a declaration by the owner, to hold the property not for him and another. Trusts can be established for a number of purposes, including the social service, education, healthcare, provision of facilities for recreation, and any other object of general public welfare.
A Trust can be registered as private trust or public charitable trust. Private trusts can be registered for managing private assets of an individual or an organization like college, school or institutions. Private trusts are not allowed for tax benefits by the income tax department.
If you are willing to do some charitable work for public or for welfare, then you can register a public charitable trust. It is also known as Non Governmental Organization(NGO). We provide you will the complete process and procedure for registration of Trust.
REGISTRATION PROCESS OF TRUST
- The first step in registering trust is to choose an appropriate name of the trust.
- Determine the settler and trustees.
- Prepare a trust deed which includes memorandum of association and rules and regulations of the trust
- Submit the trust deed with the local registrar
- The registrar will retain the photocopy of the trust deed
- After submission of required document it will take minimum 7 working days to obtain registration certificate
SOCIETY REGISTRATION
A Society is registered under Societies Registration Act, 1860. We provide you will the complete process and procedure for registration of society. A society can be formed for the promotion of education, fine arts, literature, social development, indusctry etc
REGISTRATION PROCESS OF SOCIETY
- Select an appropriate name of the society
- Prepare Memorandum Of Association with rules and regulations
- Prepare other documents like CTC of resolution of registration, declaration by the president of the society, ID proofs of the members.
- Submission of documents and registration
- After submission of required document it will take minimum 7 working days to obtain registration certificate
CO-OPERATIVE SOCITIES
The Co-operative Socities are formed to protect the interests of weaker sections of society. A co-operative society must be formed under the Co-operative Societies Act, 1912. It is formed to achieve the common objective of the members.
Documents required to be filed with the registrar:
- Name and address of the society.
- Aims and objectives of the society.
- Names and addresses of members of the society.
- Share capital and its division.
- Mode of admitting new members.
- A copy of the bye laws of the society.
The Registrar scrutinizes the documents, if these are as per requirements then the society’s name is entered in the register. A certificate of registration is issued to the co-operative society.
PARTNERSHIP FIRM
Partnership Firms in India are governed by the Indian Partnership Act, 1932. A Partnership Firm is controlled by an Association of People for profit. A Partnership is easy to form as no cumbersome legal formalities are involved. The partners have unlimited liability in the general partnership business, which means they are personally liable for the debts of the firm. It is not compulsory to register as a business firm with the registrar. However, Registration conforms certain benefits to the firm against third party liabilities. You only need a partnership deed, PAN and GST wherever applicable.
Our services include:
- Business idea validation
- Partnership deed drafting
- Stamp fees
- Notary exp
- PAN no
Advantages of partnership business
- Easy to start- registration is not mandatory therefore a partnership deed is prepared to start business.
- Business name- partnership firm is not required to be registered, you can choose to have any name if it does not infringe on a registered trademark in India. You should obtain trademark of business to protect your brand name.
- Easy to manage: a general partnership is cost effective than an LLP/ Private limited company and there is minimum compliance requirements to manage business.