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Trust Registration Document Requirements

TRUST

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karuna kadiyan
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0% found this document useful (0 votes)
25 views2 pages

Trust Registration Document Requirements

TRUST

Uploaded by

karuna kadiyan
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Documents required:

 Trust Deed with the respective stamp value.


 Two photographs of the parties involved in the trust.
 PAN cards of the individuals associated with the trust.
 Address proof of the individuals.
 Identity proof of the individuals.
 Authentication from the partners (if applicable).
 No Objection Certificate for using the premises (if applicable).
 Any form of a utility bill as proof of address.
 Address proof of the trust registered office.
 12A Registration and 80G Certificates from the respective income tax authorities to claim
deductions (if applicable).

Process / Procedure for Applying for Trust


Registration
The procedure to register for the Trust creation and obtaining a trust registration certificate is
explained in detail below:

Name of the Trust


The parties forming the trust must choose an appropriate name that complies with the provisions of
relevant acts such as Trademarks, Copyrights Act, Intellectual Property Rights Act, and Emblems
and Names Act, 1950.

Settlers of the Trust


Determine the individuals who will act as settlers of the trust. While there is no restriction on the
number of trustees, a minimum of two trustees is required. The author of the trust cannot be a
trustee, and all trustees must be residents of India.

Prepare a Memorandum of Association for the Trust


Prepare a Memorandum of Association (MOA) that outlines the objectives and purpose for which the
trust is being formed. Ensure that the goals stated in the MOA are legally permissible.

Draft the Trust Deed


Create a trust deed, which is a legally binding document that establishes the trust. The trust deed
must be presented to the registrar when registering the trust. It should contain all the terms and
conditions agreed upon by the author, trustees, and beneficiaries.

Submit the Deed to the Registrar


Once the trust deed is drafted, submit it to the registrar and other required documents. The author,
trustees, and beneficiaries will be involved in this process.

Obtain Trust Registration Certificate


After reviewing the submitted documents, the trust will be registered if the registrar is satisfied with
their validity and compliance. The registrar will issue a trust registration certificate, which the trustees
and the trustor should keep. Once the trust is registered, a bank account can be opened in the
trust’s name.

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