Rayness Analytica can help you register your Trust or Charitable Foundation in Kenya. Trusts are registered under the Registration of Documents Act and the Trustees (Perpetual Succession) Act. Here’s a step-by-step procedure for registering a Charitable Trust in Kenya:
Preparation of Trust Deed: This document should contain the following details:
- Objectives of the Trust.
- Name of the Trust.
- Names and addresses of the Trustees.
- Powers of the Trustees, including the ability to change and appoint other trustees.
Stamp Duty: After the Trust Deed is signed, it must be submitted for stamp duty.
Registration under the Registry of Documents Act: Once the Trust Deed is stamped, it should be registered under the Registry of Documents Act. This process usually takes 1-3 weeks, but note that registration under this Act does not make the document a Trust yet.
Incorporation under the Perpetual Successions Act: After registration under the Registry of Documents, a certified copy of the Trust Deed and a petition for incorporation prepared in the prescribed form should be lodged with the Minister for Lands to incorporate the trust. The process takes 3 to 6 months to issue a certificate of Incorporation.
Registration Certificate of Incorporation: Once the incorporation process is completed, a registration certificate of incorporation will be issued.
Here are the requirements for registering a Trust in Kenya:
- Trust Deed.
- Objectives of the Trust.
- Names of the Trustees in Full.
- Postal addresses of the Trustees.
- Proposed Physical address of the Trust, including road, plot number, town, and county.
- Copy of ID / Passport of the Trustees.
- The Petition to the Minister.
- Minutes appointing the Trustees.
- Seal of the Trust.
- Financial statement of the trust.
- CV of the Trustees/employees.
- Passport photos of the Trustee.
- Statement of donor funding.
- Copy of title documents showing ownership of immovable property owned by the trust.
- Copy of PIN certificate of the Trustees.
In Kenya, a Trust Deed is a document that governs the relationship between trustees and beneficiaries in the management and control of a Trust. Trusts are registered at the Lands office under the Registrar of Documents and Registrar of Trusts. For registration requests, send an email to rna@raynessanalytica.com.
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