Call Us: +917741833631
Follow Us:

Trust Formation

Need to register a Trust Formation?

Trust Formation Registration Starting at Just Rs.14,499/- (Inclusive of all Govt. Fees).

Trust Registration

According to Indian Trust Act, a trust may be formed for a range of purposes such as Public Charitable Trust & Religious Trust. A Charitable Trust is created for the purpose of the benefit of the general public or mankind. This kind of trust can be formed by an individual who loves doing such things and not a minor. Any person who holds the property so dedicated shall hold it under trust and shall execute the purposes specified by the settler.

A public charitable trust is usually floated when there is property involved, especially in terms of land and building. The main instrument of any public charitable trust is the trust deed, wherein the aims and objects and mode of management (of the trust) should be enshrined. A trust needs a minimum of two trustees; There is no upper limit to the number of trustees. The Board of Management comprises the trustees. The Objects are Social benefits & Charitable etc.

At registrationwala, our team of professional helps you set up a trust in the most feasible and effective way. We help you take approval on all mandatory legal obligations and carry out all necessary paper work feasibly.

ADVANTAGES OF TRUST REGISTRATION

It would be easy to avoid many hassles, cost and lack of privacy concern this way by keeping certain property out of your probate estate.

This is the most effective way to protect your property even it becomes someone else’s estate.

You can lend help to charities by creating a charitable trust that may award money to the needy people while you’re still alive. It would give more money in case of your death followed by regular payments out of the remainder. There is a possibility of limited liability in case of a corporate trustee.

Success is doing ordinary things extraordinarily well.

List of documents required to register a charitable trust

Documents Required for charitable trust

For charitable trust


  • Original Trust Deed or a certified copy.
  • Application for Incorporation of Trustees as a Board The application must be signed by the majority of trustees.
  • Statutory Declaration. The statutory declaration states: whether any Trustees hold any property as trustees for other trusts; that at a meeting of the Trust a resolution was passed approving incorporation; and that the person making the Declaration has been approved by the Trustees to make it.
  • You also need to provide the Companies Office with a registered office. Your registered address must be a street address. A postal address may be provided in addition to this.

Charitable Trust Deed:

It is the main instrument of any public charitable trust, wherein the aims and objects and mode of management (of the trust) should be enshrined. In every trust deed, the minimum and maximum number of trustees has to be specified. The trust deed should clearly spell out the aims and objects of the trust, how the trust should be managed, how other trustees may be appointed or removed, etc. The trust deed should be signed by both the Settlor/s and trustee/s in the presence of two witnesses.

Registration of Charitable Trust Deed:

The Charitable Trust deed should be executed on non-judicial stamp paper, the value of which would depend on the valuation of the Charitable Trust property. The application for registration should be made to the official having jurisdiction over the region in which the trust is sought to be registered.




Note:

For Foreign National the Copy of passport is mandatory. All foreign nationals and non – resident Indians should provide notarised or apostilled or counsularised documents from the Indian Embassy in that country. It is mandatory to provide documents in the languages English or Hindi only, if In any case the documents are not in English or Hindi, then the certified translation copy should be attached.

Requirements for the Charitable Trust

  • At least one person Settlor (One who is forming the trust)
  • At least one person as Trustee ( Settlor and Trustee may be same person)
  • At least one person as witness
  • Some property to form trust (Generally Rs.1000.00)

Documents we need

  • ID Proof of Settlor, Trustee, and Witness.
  • Water bill or House tax receipt as address proof of Regd. Office of Trust
  • Charitable Trust Deed on stamp paper*.
  • Signed Authority Letter
Basic
14,499
/-

(Inclusive of all Govt. Fees).

Trust Deed
PAN
TAN
BASIC WEBSITE FREE



Get Started

Standard
16,499
/-

(Inclusive of all Govt. Fees).

Trust Deed
PAN
TAN
1 Year Audit
BASIC WEBSITE FREE


Get Started

Premium
25,499
/-

(Inclusive of all Govt. Fees).

Trust Deed
PAN
TAN
1 Year Audit
1 Year Accounting
Trademark Registration
BASIC WEBSITE FREE

Get Started

FAQ

What is trust deed?

Trusts are registered using a document called trust deed. This document contains all the information about the trust. Along with these papers you would need to attach a non-judicial stamp paper. All the trustees and witnesses will have to signatures on the trust deed. For registering a trust you need minimum two trustees. You can decide the maximum number of trustees and this number must be mentioned in the trust deed. A person who creates a trust is called the settlor, the person to whom the property is transferred on trust is called a trustee and the person for whose benefit the property is transferred is called the beneficiary are required to mention in trust deed.

What are the documents need to be submitted for registration of trust?

The daft has provided online filing facility for obtaining iec and other authorizations. Applications which are complete in all respects are normally disposed of within two days. For practical purposes, you can provide for a week’s time (after factoring in the time required to make any changes in case your initial application is incomplete in some respect).

How a trust is registered?

Trusts are registered using a document called trust deed. This document contains all the information about the trust. Along with these papers you would need to attach a non-judicial stamp paper. All the trustees and witnesses will have to signatures on the trust deed. For registering a trust you need minimum two trustees. You can decide the maximum number of trustees and this number must be mentioned in the trust deed. A person who creates a trust is called the settlor, the person to whom the property is transferred on trust is called a trustee and the person for whose benefit the property is transferred is called the beneficiary are required to mention in trust deed.

How to select the name of society?

As per the society registration act 1860 similar & resemblance of name with existing registered society is not permitted. The name proposed should not suggest or be calculated to suggest the patronage of the government of India or the government of state or connection with any legal authority under any law for the time being in force. Selecting the name of the proposed society and getting it approved by the registrar of the concerned district is the first step.

What are the documents need to be submitted for registration of society?

Submission of following documents to “the deputy director/registrar (firms and societies)” dept. Of industry, govt. Of Delhi, c.p.o. building kashmere gate, Delhi.

  • Request letter to register a society under sr act 1860.
  • Two sets of memorandum of association including (i) list of proposed governing body & (ii) list of desire’s persons (founder members of the society) - all pages to be signed by at least seven members. Desirous persons or the person subscribing the names of the memorandum should not be (in any case) less than seven. If it is proposed to give all India character to the society there must be minimum of eight different persons from different states of Indian union to the memorandum.
  • Two sets of rules & regulations framed for the functioning of the society.
  • Affidavits (on ten rupees stamp paper from president/secretary society regarding the name/ title of the society.
  • Copy of residence proof of all desirous persons.
  • Copy of proof of identification of the desirous persons.
  • Proof of ownership of the registered office of the society and no objection certificate (on ten rupees stamp paper)
  • A copy of the report of the proceedings of the general meeting at which the registration of the society was resolved.
How to register a society?

For certified copy of moa & rr for a registered society a fees of rs.1/- per page will be charged. Application to this effect should contain the name, reg. No and must be signed by the general secretary or the president of the society. After approval for registration, a fee of rs 50/- in cash is charged. The registrar of society on satisfaction of documents issue a registration certificate to the society.

What are the compliances after registration?
  • Obtaining a pan card for the society from the income tax department.
  • Opening a bank account for the society for the regulation of funds of the society.
  • Getting the exemption under section 80 (g) of the income tax act for exempting the donations from taxation.
  • Getting clearances from rbi for receipt of foreign funds in the society.

Comparison among Trust, Society and Non-profit Company


Trust Society Section-8 Company
Statute/Legislation Relevant State Trust Act or Bombay Public Trusts Act, 1950 Societies Registration Act, 1860 Indian Companies Act, 2013
Jurisdiction Deputy Registrar/Charity commissioner Registrar of societies (charity commissioner in Maharashtra). Registrar of companies
Registration As trust As Society In Maharashtra, both as a society and as a trust As a company u/s 8 of the Indian Companies Act.
Registration Document Trust deed Memorandum of association and rules and regulations Memorandum and articles of association. and regulations
Stamp Duty Trust deed to be executed on non-judicial stamp paper, vary from state to state No stamp paper required for memorandum of association and rules and regulations. No stamp paper required for memorandum and articles of association.
Members Required Minimum – two trustees. No upper limit. Minimum – seven managing committee members. No upper limit. Minimum three Members. No upper limit.
Board of Management Trustees / Board of Trustees Governing body or council/managing or executive committee Board of directors/ Managing committee
Mode of Succession on Board of Management Appointment or Election Appointment or Election by members of the general body Election by members of the general body

Business

Doing Business Is Easy & Fast.


Transparency

Our Consultants maintain transparency while guiding you. No hidden charges, no fake promises. The Entire process is transparent

Lightning Fast Procedure

Not meeting the deadline is one of the biggest turn-offs for any business owner. We are very serious about delivering on time.

Guaranteed Satisfaction

Your satisfaction is our goal, we provide a 100% satisfaction guarantee for the work with you to ensure you quality of work.

Expertise

Our team has thorough expertise in respective service areas.

Fair Business Practices

We ensure highest importance to ethical business practices.

No Hidden Fee

We have a fair and transparent pricing structure. We do not have hidden fees associated with any of our services.

One Stop Solution

Businessgig provides all the services required for launching a successful startup. We provide legal, financial, design and branding services.


Free Expert Consultation

Businessgig provides you free Consultation about Business Incorporation, Taxation, Finance, Graphics and Digital needs. etc


Backed by Experience

Businessgig is an initiative of Expert Engineers and Professional Charterered Accountants having an experience of over 7 years.


Real Time Assistance

You can reach us anytime and anywhere in the go. You can Text, Whatsapp, Email, Call or Skype us for your requirements.


Leading Brand

We are one of the leading brands in Accounting, Statutory Compliances ,Designing and Marketing.


Long Term Hand holding

We have capability to advise and serve you, even you when you grow big and expand


You simply won’t find another vendor that can match our value proposition. Our customers often tell us the same thing. We make every effort to provide our customers with great products and services, and we work just as hard to make sure they are getting the right business model that fits their needs. We promise the same to you.

Integrity

When we face a tough decision we never compromise our values and principles. We do what is right, not what is the easiest.


Passion

We are passionate and committed in heart and mind to what we do. Our employees work around the clock coming up with ideas.

Flexibility

We believe that flexibility leads to excellence and we tailor all our services to the specific needs of each client.


Quality

We strive for excellence in all that we do. We set high personal and company standards, and then consistently try to exceed them. We attract self-motivated, highly capable, results-oriented people and invest heavily in their development.

Openness & Honesty

We believe that open communication builds trust, which is the foundation of any relationship whether it’s with our employees or our clients.


Teamwork

Our power comes from the talented people within our company. We create an environment in which every person is a valued and respected member, encouraged to contribute and share, and recognized and rewarded for their efforts.

Extra Ordinary Customer Support

We place highest importance to providing extra ordinary customer Support.

When it comes to the numbers, you might get a million query in your head. Do not worry! Our dedicated support team loves to assist you with anything. Just give us a buzz and we would happy to answer all of your queries..

We know how expensive finance experts and designers can be. Businessgig provides best of the both at an unimaginably low price. We harness the power of technology and have pushed a lot of our work to digitization. This saves us a lot of time and we happily pass on the benefit to our customers.

A Pricing structure designed for your every need. Our business package will free you from charges for every service. We provide best in class services at reasonable charges through latest technology, experience and expertise. .

We understand how important your business information is. We have systems in place to ensure confidentiality of your data. We do not even reveal your name unless you want us to. To know more, please check our NDA and Privacy policy.We take Client confidentiality seriously. We never disclose client information or use our Client’s brand name for our marketing without your prior permission.

About Us

Alone we can do so little, together we can make wonders. So lets team up and grow together. You would have heard the phrase ‘Making mountains out of molehills’; but here we do what we do best-making molehills out of mountains.

We enjoy the reputation of being synonymous with professionalism, efficiency, and excellent service. We provide full spectrum of financial, accounting, designing, marketing services as well as investment consultancy, project evaluation and services related to all types of business and corporate agreements. We specialize in providing end to end support to startups – be they proprietorship’s, partnership’s, LLP’s, or Private Limited Enterprises. Our knowledge of the Indian ecosystem makes us perfectly placed to provide end-to-end assistance with company formation in India as well as company registration in India.

I have used multiple offline & online CAs/ Lawyers. Businessgig clearly provides the best and fastest service.

Andrew Jackson

Project Manager

92%

Client Retention

1200+

Satisfied Clients

60+

Cities we operate

150+

Services under one Roof

Subscribe

Enter your email address to subscribe and receive notifications by email.


We hereby promise to be responsible emailers.

Want to work with us?

We would love to get connected with you

Get in Touch or Get a Free Quote