In India, trusts can be registered under the Indian Trusts Act, 1882, or the Public Trusts Act of the respective states. Trusts can be set up for charitable, religious, educational, or cultural purposes. Registering a trust provides legal recognition, tax benefits, and credibility to achieve its objectives effectively.
Private trusts are set up for the benefit of a specific group of individuals or families, primarily for asset management and protection. Registration is optional.
Public trusts, also known as charitable trusts, are created for public welfare, promoting charitable, religious, educational, or cultural activities. These must be registered and comply with legal and regulatory requirements.
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We provide company registration services across all major states.
Trust registration requirements vary by state. Contact us for specific state-wise details.
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The trust must maintain proper books of accounts, including income-expenditure statements and audit reports.
Trusts must file annual income tax returns, even if no income is generated.
Trust registration certificates are valid for a specific period, requiring timely renewal.
Trusts receiving foreign contributions must comply with the Foreign Contribution (Regulation) Act, 2010.