Trust Registration

Overview of Trust Registration

A trust deed must be prepared at the start of the Trust registration process. It starts with the preparation of the trust deed, as it is the first step or requirement in the trust registration online procedure. In case you want to register a trust NGO, then a trust deed is mandated. Therefore, charitable enrolment is also known as a trust deed. The Trust Deed is usually drawn on the non-judicial stamp document, and each state has its own stamp duty. Upon drafting of Trust deed registration, the very next step is to book an appointment with the concerned sub-registrar office. In addition, all the trustees must appear in person with the sub-registrar along with the trust deed and two witnesses on the appointment date.

Advantages of Trust Registration in India

While performing charitable activities, you can enjoy the advantage of tax exemption through a Trust. Charity trusts are also called non-profit organizations.

By becoming a trust, it gains legal status and is able to receive all the benefits offered by the government. Trust Act and Federal laws make it mandatory for such companies to get registered as a Charitable Trust.

An assortment of assets is provided by the Federal and State Law in India to handle and regulate the charitable associations and the common public. It greatly benefits those who are willing to donate their property and assets to the trusts by making them trustees so that tax benefits will be received.

As part of the process of registering a charitable trust, you must understand and know some fundamental knowledge regarding the process of trust company registration and the amount of the fee. Various laws have been announced, including the Trust Act 1882, and an application form has been approved and endorsed to suggest the registration process.

Trust Registration process in India

The following documents are mandatory for the trust registration under “The Indian Trust Act, 1882”:

• A utility bill as the address proof of the premises

• Aadhar Card/ Voter ID/ Passport as an identity proof of a minimum of two members

• As per the Indian Trust Act 1882, after paying the fee for the registration process, it will take around 8 to 10 days to register.

• Prior to the legal document becoming valid nationwide, the applicant must submit a presentation at the corresponding registrar’s office.

Stepwise Registration Process for NGO Trust Registration

Step 1:

• Fill out the NGO Registration Form; the applicant has to fill in all the needed details in the simple application form.

Step 2:

• Assemble the Prerequisite details; here, you have to collect all the required documents as per the specifications. And it takes around two working days

Step 3:

• The documents musts be added to this Trust Deed provided by you for the registration process; a Trust deed will be compiled. This process will take around 4 to 5 working days.

Step 4:

• This trust deed compiled with all the necessary documents is submitted to the registrar’s office. This process takes around 12-13 days.

Step 5:

• Trust NGO registration certificate is granted. Once your Trust NGO Registration process got completed, you will receive the registered Trust Deed through courier.

Frequently Asked Questions