Trust REGISTRATION

(Online Process/Free Consultation)

Register your Trust anywhere in India. Our dedicated team of professionals at Legal Time will help you to register your Trust.

Trust Registration

What is Trust Registration?

A  Trust can be created by execution of trust deed: There are Two types of Trust. A Public Trust is Created for the benefit of general Public. Whereas a Private Trust is Created for the benefit of a specific group of Individuals Known as beneficiary.

The registration of a trust involves the registration of a trust deed. A Trust deed is a document in which the aims, objects and the modes of management of the trust are defined.

TRUST REGISTRATION PROCESS IN INDIA

Step 1: Selection of Name

The first step is to finalize name of the Trust & Proposed name of the Trust should be according to Indian Trusts Act, 1882 The proposed name should not be against the state government or government of India.

Step 2: Drafting of Deed for Trust Registration

The trust deed needs to be drafted wherein the parties to the deed shall be settlor, the trustee and the beneficiary.

Step 3: Filing Application for Trust Registration

The application for Trust registration has to be submitted to the prescribed authority of the state, where the registered office of Trust is situated.

Step 4: PAN,TAN & Bank Account

After registration of the Trust the next step is to apply for Pan Number and TAN and thereafter opening of a bank Account.

Benefits

There is no upper limit for the trustees in a trust, but a minimum of two trustees & 1 Settler are always required for registration.

Government privileges and tax benefits are not available to a private trust, whereas public trusts after registration with the income tax can avail certain tax exemptions.

Name of such proposed trust is not required to be pre-reserved.

There are 2 type of Trust first Private Trust & second is Public Trust Indian Trusts Act, 1882 regulates and administers the private trusts in India, whereas the public trusts direct the functioning of public trusts.

Get a free consultation for Trust Registration by scheduling an appointment with Legal Time.

Why Choose us

1. STARTUP’S FIRST CHOICE

We ensure startups to focus on their project and leave all the legalities and documentations to us. From our technology driven platform and on time delivery startups prefer us to do Company registration.

2. TECHNOLOGY DRIVEN PLATFORM

100% Technology driven platform to speed up your company registration process and make your life easy

3. BEST PRICING

We understand the value of money for startups. We offer complete transparency and affordable cost to startups.

4. 100% ONLINE SERVICE

Fully online service so that you can start and complete the process without running around from the comfort of your home or office.

5. EXPERT PROFESSIONALS

At Legal Time, we work only with experienced Chartered Accountants & Company Secretaries to handle your company registration.

Documents Required

PAN CARD

Pan Card of each Partners of Trust.

PHOTOGRAPH

Latest Passport size photograph of Partners of Trust.

ADDRESS PROOF

Latest Address Proof from each Partners of Trust.

Signed Declarations from Partners

Each Partner of Trust  should  provide Signed Declaration.

FOR REGISTERED OFFICE

Rent agreement

Utility bills-telephone, electricity, and municipal (Not older than 2 Months)

NOC From Owner.

Post Trust Registration Requirements?

GST Registration

GST (Goods and Service Tax) registration is required for Business with annual turnover exceeds Rs. 40 Lakhs (Rs 20 Lakhs for Northeast states).GST registration is mandatory for particular businesses like Export-Import, E-commerce, and Market Place Aggregator.

Trademark/Patent Registration

Trademark and Patent gives protection  from infringement and duplication. With this, competitors cannot affect your brand and market value. The logo provides protection under the Trade Marks Act 1999.

Get a free consultation for Trust Registration by scheduling an appointment with Legal Time.

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