PSARA License Registration

PSARA license

Overview

The Private Security Agencies Regulation Act of 2005 is called PSARA. Anybody who desires to start a Private Security Business in India requires this license. Private Security companies/groups are giving services of Security Guards and associated services to an establishment. These services, in several ways, serve as a substitute for police services. Security services have become more common in recent years. The Private Security Agencies Regulation Act of 2005 was enacted to regulate, administer, and grant licenses to security guard companies in the national interest.

This Act regulates all private security agency operations in India. Except for Jammu and Kashmir, this Act applies throughout India. Under this Act, each person who desires to begin a Security Guard Business requires to get this registration. This license can be used in any district or in the entire state. PSARA License Registration services are available in all of India.

Prerequisite for PSARA license

• Eligibility

  A private security agency can be run by any person, firm, an Indian company, or group of people. It's important to note that big investments in the company should be made by Indian citizens.

• Name and Object of Applicant

  The MOA of the company should have ‘Providing security services ‘as its main purposes and the suffix "Security Agency" should be included in the company's name.

• Director/Principal Officer's Qualification

  An Indian citizen with a significant financial status must apply for a PSARA license, which must be demonstrated via an ITR. There should be no civil or criminal charges brought against the security agency's directors or principal officers.

• MOU signed with a Training Institute

  Directors of security agencies must sign a memorandum of understanding (MOU) with an established training institute in their respective states, where security personnel will be qualified to provide security services.

• National Interest Clause

  Any person or company whose connection or association with elements posing a threat to national interest and security has been traced is ineligible to receive a PSARA license.

• Internment of Foreign Investment

  A security agency license cannot be granted to a corporation or business that is not registered in India or whose owner or major shareholder is not an Indian person, according to section 6(2) of the PSARA Act 2005.

PASARA License Registration Process

• 01.

  Other Registrations

  Other registrations required before applying for PSARA License include PAN, TAN, GST, PF, ESIC, Shop Act, and Directors' ITR.

• 02.

  MOU Engagement with Training Institute

  Sign a Memorandum of Understanding between the PSARA Applicant and the Training Institute. Guards and Supervisors will be trained there.

• 03.

  Verification of Antecedents

  I application for police verification must be submitted in Form. In the case of a business or firm, the same must be filed separately for each person.

• 04.

  Filing of Application

  The department will conduct verification after filing the application with the state's controlling authority. The department's average operating time is approximately 60 days.

Rules and Regulation for PSARA license

The following requirements must be met to obtain a PSARA license:

• Security agencies must appoint supervisors to oversee the operations and guards at the site.
• It is necessary to provide training to the security guards.
• When it comes to recruitment, Ex-Defense staff must be given priority
• Guards must meet a set of criteria for certification and disqualification.
• The law also sets compliance guidelines regarding the health, eyesight, and uniform of the security guards.

PSARA License Fee

• Single District fee – Rs 5000
• 5 Districts fee– Rs 10000
• Entire State fee – Rs 25000(Except Karnataka which is Rs 50000)

Documents required to be submitted for PSARA license

Expiry & Renewal of PSARA license

The PSARA license is valid for five years from the date of registration except for Uttarakhand and Chhattisgarh where the PSARA is valid for only 1 year.

For the Renewal of PSARA License, particular protocols must be followed.PSARA licenses can be renewed 90 days before they expire.

Disqualification

• If the director or principal officer of the security agency is convicted of any crime involving the company's operations or becomes insolvent, the director or principal officer of the security agency may be disqualified.
• If a court of law finds the individual guilty of a crime and sentences them to at least two years in jail.
• Because of moral grounds or incompetence, an individual is suspended from a government agency.
• The company's majority owners are not Indian citizens.

Frequently Asked Questions ?