PSARA License in India

PSARA License is a mandatory document for those who are running private security agencies. Also called the Private Security Agency License, it's governed under the Ministry of Home Affairs. Without this license, the private security agency cannot operate. If they do, they would have to face being penalized by the ministry.

Understanding the Necessity and Objectives of PSARA License

Business ventures have increased their number of establishments; thus, the need for personnel to secure them has also increased. However, there is a disparity. While many establishments need security, not many can provide it. Answering this disparity, Honourable Home Minister Amit Shah launched the PSARA or Private Security Agencies Bill, via which anyone who wants to start a security company can get the PSARA License.

PSARA is short for Private Security Agency Regulation Act. It's an act that was introduced in 2018 with two goals in mind:

1. To ensure that the current security agencies engage in ethical business practices
2. Provide a platform for new Private Security Agencies to arrive

The result of the act was the mandatory requirement of the PSARA license. Controlled and overseen by the states, the applicant has to reach out to their respective states to get the PSARA License.

Eligibility Criteria for PSARA License in India

To get the PSARA License, you need to adhere to the following eligibility criteria:

1. The applicant must be an Indian resident
2. The applicant must be financially strong to afford the operative costs.
3. There shouldn't be any criminal record against the applicant.
4. The applicant can be a private limited company, LLP, One Person Company, Sole Proprietorship, or Partnership Firm.

Private Security Guard Eligibility:

Another eligibility criterion is related to the private security guard that works at the Private Security agencies. They are as follows:

1. The applicant must be an Indian resident
2. The applicant must not be older than 65 or younger than 18 years of age.
3. The applicant must have gone through mandatory security training
4. The applicant shouldn't have been involuntarily terminated from any government service.

Documents Required for PSARA License in India

The following are the documents required to obtain the PSARA License:

1. Certificate of incorporation / LLP Agreement/Partnership Agreement
2. Signed Memorandum of Association
3. ID proof of the security guards you're employing
4. ID proof of the directors and shareholders of your security agency
5. PSARA affidavit
6. Logo of the agency
7. PAN details
8. Affidavit of the security training received by PSARA
9. Promoter's photographs
10. IT returns of all the directors
11. Character certificate of all the employees

Process of obtaining the PSARA License in India

Every PSARA license applicant conforms to the following procedure to get registered:

Step 1 : Officials Training

First, the applicant must undergo specific training provided by PSARA.

Step 2 : Document Accumulation and Organization

In this step, all the necessary documents are accumulated and certified by the right official.

Step 3 : Filing PSARA License Application

In this step, the application is filed by the applicant to the regional PSARA body.

Step 4 : Application Assessment

Once it receives the application, the regional PSARA body will assess your application.

Step 5 : Grant of PSARA License

If the assessment satisfies the regional PSARA body, you get the PSARA License.

Our Assistance to get the PSARA License in India

At Registrationwala, we take care of all the services related to PSARA License from start to finish. We:

1. Help you obtain the Affidavits from PSARA
2. File the application on your behalf
3. Conduct a follow up with your regional PSARA department
4. Timely deliver you the license after all the issues are sorted.

You can start the process to get the PSARA License today

FAQ's

Q.1   How long is a PSARA license valid for?

Ans. The PSARA license remains valid for a period of 5 years.

Q.2  What is the deadline for applying for the renewal of a PSARA license?

Ans. To renew a PSARA license, it must be applied for with the Controlling Authority at least 45 days before the current license's expiration date.

Q.3  Can you obtain a license for a specific district, multiple districts, or the entire state?

Ans. Yes, you can obtain a license for a specific district, multiple districts, or the entire state.