Process of Registration by Taxhub
Upload the basic Documents
Choose your Requisite plan and pay the Fees
Taxhub Draft the Trust Deed/ MOA & Rules
Taxhub file Requisite Form with concerned Department
Get your Trust/Society Registration Docket
Minimum Statutory Requirements
- For Incorporation of the Trust/Society minimum two/Seven members are required.
- In Case of Society operational at All India Level then all seven Members should be from seven different States and there must not be any Blood Relative.
What is Trust/ Society?
A Trust can be created by execution of a trust deed; there are two types of trust. A public trust (charitable trust) is created for the benefit of the general public whereas a private trust is created for the benefit of a particular group of individuals known as the beneficiary
Indian Trusts Act, 1882 regulates and administers the private trusts in India, whereas the public trusts direct the functioning of public trusts except in the state of Maharashtra and Gujarat where public trusts are governed by Bombay Public Trusts Act, 1950.
A society is the simplest form of a Non Governmental Organisation in India and can be registered to operate on state level or national level for educational, charitable, religious, welfare or for promotion of art, music, culture, etc., In India, the registration of a society is done under The Societies Registration Act, 1860.
Trust/ Society Registration Process in India
Registration of a Trust/Society in India is an offline process.
- First Step is Name Selection
- Drafting of Trust Deed/ MOA & Bye Laws.
- Application for Trust/ Society Registration
- Application for PAN/TAN and Bank Account Opening.
- Issue of Certificate of Society/ Trust Deed.
Basic Documents Required
- Copy of Pan Card of Members (Mandatory).
- Copy of any one i.e Aadhar Card, Voter ID, Passport and Driving License (As Identity Proof)
- Members Passport Size Two Colour Photograph
If Property is owned by any member.
- Copy of Sale Deed of the Property
- Copy of any one utility bill i.e. Electricity/Telephone/Gas/Water/Mobile
- NOC from the Owner (Taxhub will provide a draft copy)
- Copy of Rent Agreement
- Copy of any one utility bill i.e. Electricity/Telephone/Gas/Water/Mobile
- NOC from the landlord (Taxhub will provide a draft copy)
9,999/-
All Inclusive Fees
| Draft & Execute Trust |
| Deed/MOA and Bye Laws |
| Stamp Paper Purchase* |
| Certificate of Registration (For Society) |
| Obtain Firm PAN/TAN |
| Assistance in opening of Bank Account |
| GST Registration |
* Stamp Paper Includes of Minimum Value i.e. ₹ 500/- (only)
24,999/-
All Inclusive Fees
| Draft & Execute Trust |
| Deed/MOA and Bye Laws |
| Stamp Paper Purchase* |
| Certificate of Registration (For Society) |
| Obtain Firm PAN/TAN |
| Assistance in opening of Bank Account |
| GST Registration |
| Book Keeping for 1 Year |
| Income Tax Return Filing |
* Stamp Paper Includes of Minimum Value i.e. ₹ 500/- (only)
29,999/-
All Inclusive Fees
| Draft & Execute Trust |
| Deed/MOA and Bye Laws |
| Stamp Paper Purchase* |
| Certificate of Registration (For Society) |
| Obtain Firm PAN/TAN |
| Assistance in opening of Bank Account |
| GST Registration |
| Book Keeping for 1 Year |
| Income Tax Return Filing |
| One Year GST Return Filing (GSTR 1 & GSTR 3B) |
* Stamp Paper Includes of Minimum Value i.e. ₹ 500/- (only)
Benefits of Trust/Society Registration in India
Government privileges and tax benefits are not available to a private trust, whereas public trusts after registration with the income tax can avail certain tax exemptions. We are experienced in obtaining necessary income tax registration for tax exemption or benefit.
No minimum capital is required to form a Trust/ Society. A Trust/Society can be registered with a mere sum of Rs. 10,000 as total contribution.
Any registered trust can apply for Land from government at reasonable rates.
Any Registered Trust can apply for Recognition/affiliation from any University/Organization.
Trust can get the benefits from society by doing charity works for the poor peoples and doing some social cause of the Society and get publicized.
By registering the trust, compliance would be maintained under the provisions of the Indian Trusts Act, 1882, which will directly keep the Trust safe from any legal hindrance.
Shares of a company are movable property and thus can be transferred like any other property. A public company can freely transfer its shares, but there are some restrictions.
The goods and services tax (GST) is a value-added tax levied on most goods and services sold for domestic consumption. The GST is paid by consumers, but it is remitted.
