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Updated on 22-Nov-2019 07:20 AM GMT | 4 min read
PSARA Licence Overview: PSARA Registration under PSARA ACT 2005
Now days, private security agencies are increasing day by day due to increase in crime & terrorism. Any person who wants to start a security agency business in India needs to be licensed in India. Private security organizations are those organizations which are involved in providing security services to any business or industrial undertaking or company or any other person or property. Operations of these agencies are governed by “Private security agencies (Regulation) act, 2005”. An individual can also provide services outside India for which he has to take permission from controlling authority which in turn takes permission from central government. It also provides training to security guards. PSARA registration is mandatory for private security agencies. The main purpose of a private security agency is to protect individuals or businesses or properties against different type of crimes. PSARA license can be made for a district or up to five districts or a state.
No person has a right to start a business of security agency or provide a security guard without getting registration under PSARA. According to PSARA, all private security agencies need to appoint supervisors to look after the work of security guards. A person from army, navy or air force having at least 3 years of experience has been given preference over others.
The security agencies should provide proper training to the supervisors and enhance their skills. PSARA also specifies the criteria for the qualification & disqualification of a security guard, his uniform and about his health. Before starting a private security agency, you have to apply for PSARA license.
You have to consider these factors before making a decision –
What Is Included In Our Package?
Documents Required for PSARA License
The documents required to apply for PSARA license are as follows –
- Affidavit as per PSARA act.
- Certificate of incorporation of the company or LLP.
- Ownership proof for principal place of business.
- MOA, AOA of the company or partnership deed (Whatever the case may be)
- List of directors, board resolution to commence the business of PSARA
- Logo for the security agency
- Identity card for all employees
- Character certificate of all employees
- Detailed armed licenses
- Memorandum of undertaking from security training institute
- Uniform pattern
Eligibility for Private Security Agency Regulation Act (PSARA) License
Only an Indian firm or a company or associations of persons are eligible for security agency licenses. In case agency is a company, than the majority of shareholders must be Indians.
In addition to the above condition, you must satisfy the following conditions given below -
Prescribed Fee for Obtaining PASARA License
Application fees depend upon the license area and it varies accordingly. You can apply for the private security agency license by choosing the following models given below –
The govt. fees to obtain security agency license is as follows –
|Private security agency applying for license in One district||Rs.5000|
|Private security agency applying for license in two to five districts||Rs.10000|
|Private security agency applying for license for a whole state||Rs.25000|
When you apply for a security agency license, the controlling authority can grant or refuse it within a period of 60 days from the date of receipt of application. A security agency license can be issued for 5 years & can be renewed for another 5 years after doing payment of prescribed fees.
How Finacbooks help in PSARA License in India?
Finacbooks is one of the leading Indian firms with more than 10 years of experience in getting clients registered for PSARA license under PSARA Act 2005. Our experts not only guide you for PSARA registration and help you to get PSARA license. Get your license now by calling our experts at 8800221252 or you can also e-mail us at email@example.com