Trust Registration
Trusts are established with noble intentions to promote education, medical relief, social welfare, arts, science, and other charitable activities. A trust is created when a person transfers property or assets to another person for the benefit of a third party.
Trust Registration is the legal process of registering a trust under the Indian Trusts Act, 1882, giving it legal recognition and validity. Once registered, the trust becomes a legally recognized entity capable of operating within the framework of Indian law.
If you are planning to establish a charitable or non-profit trust, registration is essential to ensure transparency, compliance, and long-term sustainability. Our expert team assists you at every stage of trust registration, ensuring a smooth and hassle-free online process.
π Trust & Trust Registration β Overview
A trust is a fiduciary relationship involving three parties:
- Trustor (Settlor) β The person who creates the trust
- Trustee β The person or group managing the trust
- Beneficiary β The person or group benefiting from the trust
According to the Indian Trusts Act, 1882, a trust is defined as a relationship where property is held by the trustee for the benefit of the beneficiary, as per the terms of the trust deed.
π€ Parties Involved in Trust Registration
Trustor (Settlor)
The individual who establishes the trust and transfers assets or property to it.
Trustee
The person or entity responsible for managing the trust and its assets as per the trust deed.
Beneficiary
The individual or group who receives the benefits of the trust. Beneficiaries may be specific individuals or the general public.
π Types of Trusts in India
- Public Trust β Formed for the benefit of the general public, mainly for charitable, educational, or religious purposes.
- Private Trust β Created for the benefit of specific individuals or families and governed by the Indian Trusts Act, 1882.
- Public Cum-Private Trust β Serves both public and private beneficiaries.
β Regulatory Authority & Applicable Laws
- Registrar of Trusts β Primary authority for trust registration
- Indian Trusts Act, 1882 β Governs private trusts
- Income Tax Act, 1961 β Provides tax exemptions under Sections 12A & 80G
- State-Specific Trust Laws β Applicable for public trusts
β Reasons for Trust Registration
- Legal recognition and credibility
- Compliance with statutory regulations
- Eligibility for tax exemptions
- Transparency in operations
- Ability to receive donations and grants
- Protection of trust property and objectives
β Benefits of Trust Registration
- Tax exemptions under Income Tax laws
- Legal protection under the Indian Trusts Act
- Structured asset and wealth management
- Support for social, educational, and charitable causes
- Enhanced public trust and donor confidence
π Registration Requirements for Trust
- Minimum two trustees required
- Objectives must be lawful and non-commercial
- Trust deed must be properly drafted
- Activities should not violate public interest
- Trustees must act fairly and responsibly
π Contents of a Trust Deed
- Name and address of the trust
- Objectives and activities
- Details of settlor and trustees
- Trust property and assets
- Powers and duties of trustees
- Rules for amendment and dissolution
π Documents Required for Trust Registration
- Trust Deed (on applicable stamp paper)
- PAN cards of settlor and trustees
- Address proof of trustees
- Identity proof of trustees
- Passport-size photographs
- Registered office address proof
- No Objection Certificate (if applicable)
- Utility bill for address proof
- 12A & 80G certificates (if applying for tax benefits)
π Procedure for Trust Registration
- Select Trust Name
- Appoint Trustees & Settlor
- Draft Trust Deed
- Submission to Registrar
- Issue of Trust Registration Certificate
- Post-Registration Compliance
β Winding Up of a Trust
A trust may be wound up after fulfilling its objectives or as per the trust deed. Assets must be distributed lawfully, and approvals from relevant authorities may be required to avoid legal complications.
π Our Services Include
- Drafting of Trust Deed
- End-to-end Trust Registration
- Registrar Coordination & Filing
- PAN, Bank Account Assistance
- 12A & 80G Registration Support
- Ongoing Compliance & Advisory
- Amendments and Trust Closure Assistance
