Online Trust Registration
Create a non-governmental organization (NGO) or Trust to protect your charitable, volunteer, and social purposes with the government. You’ll be done with the process in no time, and you won’t have to worry about any paperwork.
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Trust registration in India - An overview
The easiest approach to creating a non-governmental organization (NGO) is a public trust. Apart from the basic goal of supporting arts, science, and literature, a trust works to reduce poverty, provide education to the disadvantaged, and provide medical help. It’s worth noting that trusts are irreversible, meaning they can’t be changed or dissolved without the court’s consent. With a few papers such as a deed of Trust, rental agreement, and other paperwork, legaltoast can provide you with a trust registration certificate.
Content of the Trust Deed
The trust deed is the primary and the most essential document of the trust which states the reason for forming a trust, its functions, to its working, and until its closure. Following are the important clauses in the Trust Deed:
- Name of the trust
- The registered office of the trust
- Area of operation of the trust
- Objectives of the trust
- Details of the Author of the Trust
- Corpus/Assets of the Trust
- Details of the Board of Trustees
- Quorum of the Board with their qualification, terms and tenure
- Powers and functions of the Managing Trustee and other Trustees
- Closure and amendment of the trust deed and the applicability of the Act
Documents Required
- Trust Deed on Proper Stamp Value
- Passport-sized photographs of Partners
- PAN Card
- Identity Proof of each Partner
- Address Proof
- Telephone bill,
- Gas bill,
- Electricity Bill or Passbook
- Identity Proof: Passport/Voter, ID/Driving License
- Signed Declaration (s) from Partners
- B. Documentation for the Trust Registered Address
- Proof of Premises
- Telephone Bill,
- Electricity Bill,
- Water Bill
- NOC from the owner of premises
How To Register A Trust Online?
Step 1
We assist you with the processes and compliances that follow registration.
Step 2
We will assist you in completing the whole filing and registration procedure.
Step 3
We assist you with the processes and compliances that follow registration.
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WHY SHOULD A TRUST BE REGISTERED?
- Registration of a Trust is required by all states’ Public Trust Acts if the Trust has a charitable purpose or if it transfers immovable property in its name.
- Under Sections 12 A and 80G of the Income Tax Act, tax breaks are available only to registered trusts.
- As it includes public funds in the form of donations, registering a trust gives it more legitimacy.