A Trust an agreement that allows the trustee to hold the assets for the benefit of the beneficiaries. It
is a non profit organization which can be established for serving the people at large in the areas of
education, society welfare, poverty etc. Setting up a trust can be done by executing a trust deed,
which should ideally contain details of the trustees, proposed objectives of the trust and the intended
beneficiaries, generally the public at large.
Under the provisions of Income-tax Act, the income of Trust is exempted from income tax subject to
the fulfillment of certain conditions. Exemption is also available if income is spent for charitable
purpose outside India for promoting international welfare in which India is interested. To qualify for
the exemption, the charitable trust has to apply at least 85% of the total income received from
property; the balance can be accumulated to be utilised in future.
Documents Required for Trust Registration :
1. Proposed Name of the TRUST
2. Minimum 2 (Two Trustee)
3. Name, Occupation, Address, Age, Father's Name, Designation, Mobile Number,
Email Address, Designation of Trustees
4. Two Photograph of all Trustees required.
5. Address Proof of Trustee & Settler required:- Voter I.D / Driving license / Passport.
6. Main Object of the Trust.
7. Office Address Proof of the Society – Electricity Bill / House Tax Receipt / Water Bill
Receipt/ Ownership Proof of Property.
8. In case of Rented, Rent Deed duly notarized with rent receipt and NOC form Land
Lord on Rs 10/- Stamp Paper including Name of Landlord, Father's name, Residence
We at Corp Juris assist the person who intended to form its Trust. We range our service to our
clients from drafting of Trust Deed to its Annual Compliances and Maintenance.
For more information, get in touch with us.