Trust Registration Process | How to apply | Fee | Trust deed | Explained By Setindiabiz

Our services are available at Delhi, Gurugram, Noida, Ghaziabad, Mumbai, Bangalore & Hyderabad Only | To know more click here to visit our website : https://www.setindiabiz.com/trust-registration

The first step to register a trust starts with the drafting of a trust deed. The trust deed is to be executed on appropriate non-judicial stamp paper, the rate of stamp duty differs from state to state. The next step is to seek an appointment with the sub-registrar office having jurisdiction based on the registered office of the trust, and the government registration fee is to be paid after that.
On the appointed date the trust deed is presented before the sub-registrar where all trustees need to be present along with two witnesses. The registration process is then undertaken at by the office of the sub-registrar, and the registered deed can be collected after a week time. The next logical step shall be to get the PAN and TAN Number allotted for the trust and open a Bank A/c for the trust.

FAQs
What is a public trust and what is the purpose of setting up the same?
The purpose for which a public trust can be created is the benefit of general public, and the same must be clearly prescribed in the trust deed, as it guides its functioning in the course of time. Generally a public trust is created for setting up a school, colleges, other educational initiatives, hospital, old age homes, orphanage, for promotion of child health and their empowerment, welfare of weaker section of society, and for fulfillment of Corporate Social Responsibilities (CSR) by companies under section 135 of the Companies Act, 2013.

Is there any Trust Registration Form?
The registration of Trust or Trust Deed Registration is a one and same thing and each state have prescribed a distinct profess for trust registration. As such, there is no uniform trust registration form to register a trust. The basic documents to register a trust is the trust deed and KYC documents of its author, trustee and witness of the trust deed.

Do I need a consultant for trust deed?
For trust registration the trust deed does not require any specific certification from any professional consultants for trust registration, however, you may need our services for proper drafting of the trust deed, in obtaining the appointment with the registrar of trusts and operational assistance while being present in the registrar office for registration of trust deed.

For More Information Login : www.setindiabiz.com

Видео Trust Registration Process | How to apply | Fee | Trust deed | Explained By Setindiabiz канала SETINDIABIZ