Trust Registration in Chennai
Trust registration in Chennai is a main task since trust is known for promoting charity works among the public. Our reputed firm has now extended its wings in various places of Chennai like Porur, Poonnamalee, Koyambedu, Adambakkam and Thiruvanmiyur. We Corpstore stand’s as a professional in providing the trust registration services to the public. We have group of professionals to assist in the registration process. The primary step in trust registration is drafting of the trust deed. They can have tax benefit and can receive white money for the construction of the building, carrying other activities related to the charity. Only fewer auditing is required for the trust to run. The legal roadmap is available to guide the charitable entities. The trustee should stay autonomous and should execute control over the trust property.
Online trust registration in Chennai is needed so that it can raise the credibility. These trusts are established by the people who wish to involve in charitable activities. They can raise the fund from the foreign countries and they can use it for the sake of the others. The process is to help the donors who have the wish to transfer the assets to the trusts for the additional tax benefits. The registration of the charitable trusts needs the person to have essential details about setting up new trust. Any individual who has sound mind can start the trust. A trust is engaged in some of the activities like providing the education and medical treatments to the needy. The facilities are given for the benefits of the social welfare. For the welfare of the members who are dependent on the settlor is also the beneficiary of the trust. The property is properly managed and preserved by the formation of the trust. Trust registration in Chennai is needed as the income can be applied for the religious purposes.
Documents required for Trust registration
- Identity proofs like Voter ID, Passport and Driving license
- Copy of the utility bills
- Copy of the property registration
- Trust deed
- NOC from the landlord if the land is on rent