Trust Registration

Overview of Trust Registration

A Trust is a legal arrangement created under the Indian Trusts Act, 1882 (for private trusts) or the relevant state Public Trust Acts (for charitable / religious trusts), through which a settlor transfers property or assets to trustees who manage them for the benefit of specified beneficiaries or for a charitable purpose. Trust registration gives the entity legal recognition, allows it to hold property in its own name, and unlocks tax benefits under Section 12A and 80G of the Income Tax Act for charitable trusts.

What is a Trust?

A Trust is an arrangement where the settlor places assets under the control of trustees, who hold and manage them either for named beneficiaries (private trust) or for a charitable / religious purpose (public trust). The Trust Deed is the constitution of the trust, defining its objects, powers, rules and the rights of the trustees.

Types of trusts

Why register your Trust

• Legal recognition and separate identity
• Ability to open a bank account in the trust's name
• Eligibility for tax exemptions (12A) and donor benefits (80G)
• Permission to receive foreign donations after FCRA registration
• Easier compliance with CSR funding norms

Why choose KBP & Associates

• Legal recognition as a separate entity
• Eligibility for tax exemptions under 12A and 80G
• Ability to receive donations and CSR funds
• Perpetual existence independent of trustees
• Strong governance via a registered trust deed
• Builds credibility with donors and government bodies

Documents required

• PAN and Aadhaar of the settlor and all trustees
• Passport-size photographs of settlor and trustees
• Address proof of settlor and trustees
• Proof of registered office of the trust (rent agreement + NOC or ownership proof)
• Utility bill of the registered office
• Trust Deed on appropriate stamp paper, signed by settlor, trustees and witnesses
• Objectives and rules of the trust

Our process

1. 1

   Decide trust type and objectives

   Choose between a private or public charitable trust and finalise the objectives.

2. 2

   Draft the Trust Deed

   We draft a comprehensive deed covering settlor, trustees, beneficiaries, objects, powers and rules.

3. 3

   Execute on stamp paper

   Print the deed on the required value of stamp paper and sign before witnesses.

4. 4

   Register with the Sub-Registrar

   File the deed for registration with the local Sub-Registrar of Assurances.

5. 5

   Apply for PAN and bank account

   Apply for the trust PAN and open a bank account in the trust's name.

6. 6

   Apply for 12A and 80G

   We help you obtain Income Tax registrations under Section 12A and 80G for tax exemptions.