Trust Registration in India
A Trust is a legal entity created to hold and manage assets for the benefit of individuals or for charitable purposes. In India, trusts are primarily governed by the Indian Trusts Act, 1882 (for private trusts) and by respective State Public Trusts Acts (for public charitable or religious trusts).
Trust registration is widely chosen by individuals, families, and organizations aiming to promote social welfare, education, healthcare, or religious activities in a structured and legally recognized manner.
Types of Trusts in India
- Private Trusts – Created for the benefit of specific individuals or families.
- Public Trusts – Formed for charitable or religious purposes, benefiting society at large.
Why Register a Trust?
While oral trusts may be valid in certain cases, a registered trust deed provides legal recognition, transparency, and credibility. Registering a trust helps in:
- ✔ Obtaining tax exemptions under the Income Tax Act, 1961
- ✔ Building trust and credibility with donors and beneficiaries
- ✔ Ensuring smooth succession and management of trust property
- ✔ Availing government schemes, CSR funding, and grants
Documents Required for Trust Registration
- Trust Deed – The most crucial document detailing objectives, rules, and administration
- ID & Address Proof of settlor, trustees, and witnesses (Aadhar, PAN, Passport, etc.)
- Passport-size photographs of settlor and trustees
- Proof of Registered Office (rent agreement with NOC / ownership proof such as electricity bill, property tax receipt, etc.)
- PAN Card of the Trust (to be applied post-registration)
Process of Trust Registration
- Drafting the Trust Deed – Defining objectives, rules, trustees, and management structure
- Stamp Duty Payment – As per state laws
- Submission to Registrar – Filing the deed and required documents with the Registrar of Trusts
- Verification & Registration – On successful verification, the Registrar issues the trust registration certificate
Benefits of Trust Registration
- ✔ Legal recognition of the entity
- ✔ Eligibility for 80G & 12A exemptions under the Income Tax Act
- ✔ Enhanced credibility for donations and funding
- ✔ Perpetual succession, ensuring continuity of charitable activities
- ✔ Ability to acquire and manage property in the trust’s name
Why Register with Taxation Point India?
At Taxation Point India, we provide end-to-end support in Trust Registration, including:
- ✔ Drafting of Trust Deed
- ✔ Preparation & Filing of Documents
- ✔ Registrar Compliance Assistance
- ✔ Support for 80G & 12A Exemptions
With our expertise, we ensure a smooth, compliant, and hassle-free process for establishing your trust.