Trust Registration
Trust Registration
A Trust is a legally recognized entity created for charitable, religious, or social welfare purposes. Trusts are governed by the Indian Trusts Act, 1882 for private trusts and the Public Trusts Act for charitable trusts. Trust registration provides a legal framework for managing assets, ensuring compliance, and availing tax exemptions.
Compliances for Trust Registration
File Annual Tax Returns – Submit ITR-7 for tax-exempt trusts.
Maintain Proper Accounting – Keep records of income, expenses, and activities.
Obtain 12A & 80G Registration – For availing tax exemptions.
Conduct Regular Board Meetings – Maintain minutes of trustee meetings.
File Annual Activity Report – Submit reports to the Charity Commissioner.
GST Registration (if applicable) – Required if engaging in taxable services.
CSR & Foreign Contributions Compliance – If receiving corporate or foreign donations, must comply with FCRA and CSR norms.
how we help
Nominee Details & Consent Form INC-3 (Mandatory for OPC registration)
Advantages of Trust Registration
Legal Recognition – A registered trust has legal status, ensuring credibility and transparency.
Tax Benefits – Eligible for 80G & 12A registration, allowing donors and the trust to enjoy tax exemptions.
Asset Protection – Assets of the trust are safeguarded from misuse.
Perpetual Existence – A trust continues to function even if trustees change.
Social Impact – Enables structured operations for charitable activities like education, healthcare, and poverty alleviation.
Easy Transfer of Property – Trust property can be easily transferred or managed for the intended purpose.
Government Grants – Eligible for funding and grants from government and international agencies.
Documentation Required for Trust Registration
Trust Deed (must include objectives, trustees’ details, and property details)
PAN Card of Trustees
Aadhar Card, Passport, or Voter ID (Identity Proof) of Trustees
Latest Utility Bill (Address Proof) of Trustees
Registered Office Address Proof (Electricity Bill & Rent Agreement, if applicable)
List of Trustees & Their Occupation
Trust Property Details
NOC from the Owner (if the trust operates from rented premises)
Board Resolution for Trust Registration
12A & 80G Registration Application (for tax exemption)
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Frequently Asked Questions (FAQs)
Who can form a trust in India?
Any individual, group, or organization can form a trust for charitable or religious purposes.
Can a trust earn a profit?
A trust can generate income but must use all earnings for its stated objectives.
Is GST applicable to trusts?
Yes, if the trust provides taxable goods or services, GST registration and filing are required.
Can a trust own property?
Yes, a registered trust can legally own and manage property for its objectives.
What is the difference between a Trust, an NGO, and a Section 8 Company?
Trust – A legally registered entity under the Trusts Act, mainly for social causes.
NGO – A broader term that includes trusts, societies, and Section 8 companies.
Section 8 Company – A corporate entity with stricter compliance requirements than a trust.
