Home / PSARA License

Updated on 10 Jul 2020    9.00 AM IST | 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 –

  1. Scale
  2. Finance
  3. Liabilities
  4. Control

What Is Included In Our Package?

Eligibility Consultation

Document Preparation

Application Drafting

Government Fees

Documents Required for PSARA License

The documents required to apply for PSARA license are as follows –

  1. Affidavit as per PSARA act.
  2. Certificate of incorporation of the company or LLP.
  3. Ownership proof for principal place of business.
  4. MOA, AOA of the company or partnership deed (Whatever the case may be)
  5. List of directors, board resolution to commence the business of PSARA
  6. Logo for the security agency
  7. Identity card for all employees
  8. Character certificate of all employees
  9. Detailed armed licenses
  10. Memorandum of undertaking from security training institute
  11. 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 -

  • A person or a company cannot be convicted for any offence in relation to promotion, formation or mgmt. of a company.
  • A person or a company cannot be convicted by a competent court for any offence for which there is a punishment of imprisonment of more than 2 years.
  • A person or a company cannot have links with any organization or association which is banned due to the activities considered as a threat to national security or public order.
  • A person cannot be dismissed or removed from govt. service due to misconduct or moral turpitude.

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 –

  1. Sole proprietor ship
  2. Partnership firm
  3. Private limited company
  4. LLP
  5. NGO

The govt. fees to obtain security agency license is as follows –

Particulars Chapter Description
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 info@finacbooks.com

PSARA License FAQ's

PSARA is an act under which the license is given to individuals for starting a new private security agency business to safeguard individuals, businesses or properties from different types of crimes.
The validity of security agency license under PSARA is 5 years.
Security agency license can be made for a district or up to five districts or a state.
Any individual can commence business operations within 6 months after getting the license.

MEET US

What Clients Say

Customer delight is our main goal and we are very serious about it.


Prakash Verma

Prakash Verma

“Finacbooks.com is a perfect example of a great customer service dealing with the best of accountancy services.“

Prakash Verma Signature


Praveen Chauhan

Praveen Chauhan

“They offered us good quality services in a least possible time at a best Price.“

Praveen Chauhan Signature


Pradeep Kochhar

Pradeep Kochhar

“Finacbooks.com is a trusted network of highly qualified accounting professionals who not only provided us quality accountancy services but also supported us by answering our each & every query on time without any delay. “

Pradeep Kochhar Signature

Informational, useful and resourceful

Blogs

Catch up our trending topics, news etc. in a simple, detailed and most professional way.

Form 15G and 15H to Save TDS on Interest Income
02 Jul, 2020

What is Form 15G & Form 15H? Form 15G & Form 15H are the forms which are submitted to banks by the individuals in order to prevent... Read More

Section 80RRB: Tax Saving on Royalty Income on Patent
27 Jun, 2020

Section 80RRB of Income Tax Act Section 80RRB is introduced by the income tax department for individuals to claim deduction on the... Read More

Section 80GGB: Donations to Political Parties by Companies
15 Jun, 2020

Section 80GGB of Income Tax Act Section 80GGB is introduced by the government for the companies to claim tax deduction on the donations... Read More

CONTACT US

We Are Everywhere

We are having a wide network operating all across India as well as Internationally.
World Map

Contact Us


30+ Offices in
India

10+ Years Experience

Save Your
Time

Quick Turn around Time

Qualified Professionals

Excellent Customer Service