How to register a Private Trust – Lawyers & Legal Consultants in Chandigarh, India

Private Trust Registration Process is very simple.

• A founder of a Trust can register a Private Trust along with two trustees.
• A trust deed is prepared along with its BYE- LAWS, Rights and Duties, Charitable Objects, and the same is required to be registered with the SDM of the concerned area.
• After its registration PAN Card is required to be obtained before opening a Bank Account.
• Property and funds may be transferred on the basis of a Registered Will or by paying duty to the Government.
• After doing Charitable activities, Trust may seek exemption from the Income Tax department.

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