Trust registration in India is the process of creating a legal entity. This legal entity is also known as a trust and is responsible for managing assets on behalf of another person or a company. The trust can be used for multiple purposes like real estate planning, asset protection, and much more.
Create a trust deed or agreement that mentions the terms of the trust.
Identify the trustee, who will be responsible for managing the trust assets and carrying out the terms of the trust.
Identify the beneficiaries.
File the necessary paperwork with the appropriate government agency.
Pay the registration fees.
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A minimum of two trustees.
A trust deed.
A properly drafted trust deed on Proper Stamp Value
Registered office proof - (Rental Agreement or ownership document)
ID proof of the Founder of the Trust
NOC from the owner of the premises
Step 1: Select a unique name for your trust
Step 2: Form a Trust Deed
Step 3: Apply for Registration.
Step 4: Allot your trust PAN & TAN Number for TDS Purposes.
Seal it in with a Trust Deed
Bizpole offers a range of legal and financial services to businesses, including trust registration in India. We have years of experience in dealing with trust registration and compliance matters. We also have a team of experts who are well-versed in the legal and regulatory requirements for trust registration and can guide you through the entire process. We also offer our services to a GST company in India.
The cost of registering a trust in India can vary depending on the state in which the trust is being registered and the legal fees involved.
A trust can be run without registration, but there are certain limitations.
Once registered, a trust continues to be valid until it is dissolved.
Yes, a single person can form a trust, but there must be at least two trustees for the trust to be valid.
Anyone who wishes to form a trust and avail of its benefits, such as tax exemptions and protection of assets, should consider registering a trust.
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