Trust Registration
Trust registration in India is a legal process that allows individuals or groups to create a trust for charitable, religious, or private purposes. Trusts are governed by the Indian Trusts Act, 1882, and play a crucial role in philanthropy, estate planning, and tax exemptions.
Types of Trust Registration in India
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Benefits of Registering a Trust
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Legal recognition and credibility
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Tax exemptions under Section 12A and 80G of the Income Tax Act
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Perpetual succession ensuring continuity
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Ability to receive donations and grants
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Protection of trust property
Process
for
Trust Registration
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Decide on the Trust Name – Ensure it is unique and not similar to existing organizations.
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Draft the Trust Deed – Includes name, objectives, details of trustees, and rules governing the trust.
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Select Trustees – Minimum of two trustees required.
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Prepare the Necessary Documents – Gather identity proofs, address proofs, and property details.
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Submit to the Sub-Registrar Office – The trust deed must be signed and submitted along with applicable fees.
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Trust Registration Certificate Issuance – Upon approval, the trust is officially registered.
Timeline for Trust Registration
The trust registration process typically takes 15-20 days, depending on document verification and processing time.
Documents Required for Trust Registration
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Trust deed on stamp paper
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Identity proof of trustees (Aadhar card, passport, voter ID, PAN card)
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Address proof (utility bill, rent agreement, or bank statement)
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Passport-sized photographs of trustees
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Details of the trust’s registered office
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Non-objection certificate (NOC) from the property owner
Tax Exemptions for Registered Trusts
12A Registration– Allows exemption from income tax on surplus income.
80G Registration– Enables donors to claim tax benefits for donations.
FCRA Registration– Mandatory for receiving foreign donations.
GST Exemption– If the trust is engaged in charitable activities, it may be exempted from GST.
Frequently asked questions
