Trust Registration Services India (Public & Private) | Advisorate

What is a Trust?

Trusts can be classified into:

Process for Trust Registration

1. 1

   Define the Trust Objectives

   Clearly outline the purpose of the trust (charitable, educational, medical, etc.).

   Decide on the type of trust (Private or Public).

2. 2

   Select the Trustees and Settlor

   The Settlor is the person who creates the trust.

   Trustees are responsible for managing the trust's activities.

   A minimum of two trustees is required for a public trust.

3. 3

   Choose a Trust Name

   The trust name should be unique and should not conflict with existing entities.

4. 4

   Draft the Trust Deed

   The Trust Deed is a legal document that outlines the objectives, powers, and rules of the trust.

   Key components include:

   • Objectives and Activities of the Trust
   • Powers and Duties of Trustees
   • Procedure for Addition/Removal of Trustees
   • Trust Property Details
5. 5

   Register the Trust Deed

   The Trust Deed must be signed by the Settlor and Trustees in the presence of two witnesses.

   Submit the deed to the Sub-Registrar Office in the relevant jurisdiction.

   Pay the applicable stamp duty (varies by state).

6. 6

   Obtain the Registration Certificate

   Once verified, the Sub-Registrar issues a Trust Registration Certificate.

7. 7

   Apply for PAN & Bank Account

   A Permanent Account Number (PAN) is required for tax filing.

   Open a bank account in the name of the trust.

8. 8

   Apply for 12A & 80G Registration (For Tax Exemptions)

   12A Registration allows the trust to be exempt from income tax.

   80G Registration allows donors to claim tax deductions on their donations.

Documents Required for Trust Registration