Service Overview
A Trust is a legal arrangement where a settlor transfers property to trustees to manage for the benefit of beneficiaries or for charitable purposes. Private trusts are governed by the Indian Trusts Act, 1882, while public charitable trusts are governed by state-specific public trust acts and the Income Tax Act. ABICO provides end-to-end guidance for trust registration. Whether you are setting up a private trust for family wealth preservation or a public trust for social welfare, education, or religious charity, we ensure full compliance and assist in obtaining tax-exempt status.
Key Benefits & Advantages
Our Execution Process
Draft Trust Deed
Draft the deed outlining the settlor, trustees, beneficiaries, trust property, and objectives.
Select Unique Name
Choose a name that reflects the trust's purpose and complies with legal rules.
Register before Sub-Registrar
Sign and register the trust deed at the local sub-registrar's office with the settlor and two witnesses.
Obtain PAN & Apply for Tax Exemptions
Apply for the trust PAN card and register under Sections 12A/80G of the Income Tax Act if charitable.