Online Trust Registration in India
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Our 5-Step Process Online Trust Registration in India
Name Selection
Choose a unique name for the trust that reflects its objectives.
Drafting the Trust Deed
Prepare the trust deed detailing the trust’s purpose, governance structure, and operational guidelines.
Online Application
Visit the official website of the relevant authority (e.g., the National Trust). Fill in the required details in the online registration form. Upload scanned copies of all necessary documents.
Payment of Fees
Pay the prescribed registration fee online through the portal.
Submission and Verification
Submit the application and await verification by the authorities.
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benefits of Online Trust Registration in India
- Legal Recognition : Provides a legal identity to the trust, enabling it to own property and enter into contracts.
- Tax Exemptions : Registered trusts can avail tax benefits under sections 12A and 80G of the Income Tax Act.
- Credibility : Enhances trustworthiness among donors, government agencies, and the public.
- Access to Funding & Grants : Registered trusts are eligible to apply for government and international grants, CSR (Corporate Social Responsibility) funds, and other forms of financial aid, which are often not available to unregistered entities.
Documents Required for Online Trust Registration:
- Trust Deed: The primary document outlining the trust’s objectives, rules, and regulations.
- Identity Proof: PAN card, Aadhaar card, or passport of the settlor and trustees.
- Address Proof: Utility bills, rental agreement, or property documents of the trust’s registered office.
- Photographs: Passport-sized photographs of the settlor and trustees.
- Proof of Registered Office: NOC from the property owner if the office is on rented premises.
Compliance Requirements Post-Registration:
- PAN and TAN Application: Obtain Permanent Account Number and Tax Deduction Account Number for the trust.
- Bank Account Opening: Open a bank account in the name of the trust for financial transactions.
- Annual Filings: File income tax returns and maintain compliance with statutory requirements.
- Audit: Conduct regular audits to ensure transparency and accountability.
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