Trust Registration

As per section 3 of Indian Trust Act 1882 “A Trust is an obligation annexed to the ownership of the property, and arising out of a confidence reposed in and accepted by the owner, or declared and accepted by him, for the benefit of another, or of another and the owner” Trivia : This definition has never been amended since its inception

  • The person who reposes or declares the confidence is called the “Author of the Trust”.
  • The person who accepts the confidence is called the “Trustee”.
  • The person for whose benefit the confidence is accepted is called the “Beneficiary”.
  • The subject-matter of the trust is called “Trust Property” or “Trust Money”.
  • The instrument if any, by which the Trust is declared is called the instrument of Trust or Trust Deed.

The public charitable trust is a possible form of not-for-profit entity in India. Typically, Public charitable trusts can be established for various purposes, Including the relief of poverty, Education, Medical relief, Provision of facilities for recreation, and any other object of general public utility. Public Trusts are generally irrevocable.

WHY DO WE FORM A TRUST

Trust are generally, formed or created to fulfil any or more of the following Objectives:-

For discharge of the charitable and/or religious sentiments of the author of settlor of the trust, in a way that ensures public benefit;

For claiming exemption from Income tax U/s 10 or 11, as the case may be, in respect of incomes applied to charitable or religious purposes;

For the welfare of the members of the family and/or other relatives, who are dependent on the settlor of the trust;

For the proper management and preservation of a property;

For regulating the affairs of a provident fund, superannuation fund or gratuity fund or any other fund constituted by a person for the welfare of its employees;

Documents required for Trust Registration

  • Documents Required for GST Registration

    Documents Required

    • Name of Trust
    • Purpose of Trust
    • ID Proofs and Photograph of all the trustees
    • Electricity/ Water bill (Business Place)
    • Copy of Property papers (If owned property)
    • Landlord NOC (Format will be provided)

Registration Process

  • Step 1

    Provide us with all the scanned copy of all the requisite Documents online by mail

  • Step 2

    We will check the whether all the documents are complete as required and inform you if any discrepancy

  • Step 3

    Filling of documents to department on your behalf and wait for the response of the application

  • Step 4

    Emailing of Trust Registration Certificate along with MOA

Our Prices

Trust Registration

Basic

Trust Registration (Exclusive of Government Fees & Other)

4999 .00

Inclusive of all taxes

Advanced

Trust Registration + PAN Card

5499 .00

Inclusive of all taxes

Premium

Trust Registration + PAN Card + Bank Account Opening Assistance

6499 .00

Inclusive of all taxes

Frequently Asked Questions

A trust can be formed as per Section 4 of Indian Trust Act 1882 for a lawful purpose;

A trust should have a document written and signed by trustees or a sole trustee;

A trust can be formed through a will also;

There is no definite form to create a trust. Objectives of the trust should be clear and unambiguous

Trust cannot be formed for the following purposes under Sec.4 of the Act: Unlawful purposes;

Against provisions of Indian Trusts Act 1882 and rules made thereunder;

If there are provisions for cheating etc. in the trust;

If the trust is intended to cause loss or damage to one’s property

The following can form a trust under Sec.7 of the Indian Trusts Act 1882: A person capable of making contract can form a trust;

Trust can be formed on behalf of minor with permission of Civil Court.

A Minimum of 2 trustees is required in a trust

Yes, you can run the trust from any type of property located within Delhi.

All the forms as Trust, Society or Non Profit Company are known and classified as NGO.