Start Your Hindu Undivided Family (HUF)
Legally Save Taxes | Build Family Wealth | Expert Guidance by Prospect Legal
What is a HUF (Hindu Undivided Family)?
A Hindu Undivided Family (HUF) is a unique form of entity recognized under Indian law, specifically for Hindu families. It allows family members (coparceners) to pool their assets and incomes under one entity for tax and wealth management. It’s ideal for families looking to legally save tax and plan long-term asset structuring.
Benefits of Registering a HUF
- Separate Tax Identity: Claim separate PAN and enjoy additional tax benefits.
- Wealth Accumulation: Pool family assets like land, rental income, and gold under one head.
- Effective Estate Planning: Legally divide and distribute wealth across generations.
- Ideal for Family Businesses: Use HUF to manage joint business income and filings.
- No Additional Cost: There’s no registration cost like companies or LLPs.
Who Can Create a HUF?
Only Hindu families (including Jains, Sikhs, and Buddhists) can form a HUF. The eldest male (or female in certain cases) becomes the "Karta" who manages the HUF. All lineal descendants become coparceners and are entitled to the family assets.
Documents Required for HUF Formation
- ✔ PAN card of the Karta
- ✔ Aadhaar card of the Karta
- ✔ Proof of HUF Address
- ✔ HUF Declaration Affidavit
- ✔ HUF Deed (We will draft it for you)
- ✔ Passport-size photo of the Karta
Our Services Include
- ✔ HUF PAN Application
- ✔ Drafting of HUF Deed & Declaration
- ✔ Guidance on Tax Benefits
- ✔ Dedicated Legal Expert Assistance
- ✔ Bank Account Opening Support (if required)
Why Prospect Legal?
- ✔ 100% Legally Compliant Process
- ✔ Support from Legal Experts (Not Just Tax Agents)
- ✔ Fast Turnaround — Get PAN and Documents in 3–5 Days
- ✔ PAN India Support with Local Understanding
Want to Register a HUF?
Fill the form below or speak directly with our legal experts.
