What is the Procedure to form a trust? |Trust 0 % tax possible| Naveen | Taxkey Business Solutions

In this video, We will see what is the procedure to form trust.
1. The first process is to draft a trust deed. Register a trust in registration of a trust.
2.Applying for an income tax act, GET 12A certification, and then applying for an 80G certification. These two certifications recognized the trust.
3. Registering a trust in the Darpan portal is very compulsory. Then opening the bank account.
The renewal process is first 3 years approved before 6 months apply renewal process. Renewal for Every 5 years once. No renewal needed darpan portal.
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1. Business Registration
2. Trademark Register
3. Gst registration and filings
4. Accounting and bookkeeping
5. Income-tax Filing
6. Trust/Society services
7. Business contract Documentation
8. ROC Compliance
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Time Codes
00:00 - Introduction to trust procdure
00:13- procedure to form trust
00:31 - Registration of trust
00:46 - certification details
01:42 - Renewal Details
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