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Trust Registration

Trust Registration

A trust is an efficient way to make sure that your assets are looked after. A trust is an agreement between trustees and the owner of the assets, where the trustees take care of the assets so that it could benefit the appointed beneficiaries.

In order to register a trust, the following documents and information are required:

  • Intended name of trust
  • Trustee/Founder
  • Number of trustees/founders
  • Number of Beneficiaries
  • Details of Beneficiaries
  • Certified ID copies/birth certificate of trustee/s and beneficiaries
  • Location of assets (FNB, Standard Bank, etc.)
  • How long will the trust duration be?
  • The auditor/accountant and his/her certified ID copy
  • Postal and physical addresses
  • Contact details (cell phone numbers email, etc.)
  • Company documents (if the beneficiaries or trustees are juristic persons)
  • Trust deed (which will be drafted by us and sent to customers for signage)

This Trust Registration application process could take 20-40 working days. However, If there is a delay from the Department due to excessive workload, the process could take longer.

Once the Trust Registration is complete, you will receive the following documents:

  • A Letter of Appointment (J246)
  • Trust Deed

Cost for Trust Registration: R 2 599.00