PSARA LICENSE
PSARA license is a legal requirement for private security agencies in India to operate and provide security services. Obtaining a PSARA license is mandatory to start or continue a private security agency in India. The requirement is mentioned under the Private Security Agencies Regulation Act of 2005. PSARA License is issued by the Controlling Authority of the respective state government under whose jurisdiction the agency falls.
ELIGIBILITY CRITERIA UNDER PSARA
For Business Organization
- Sole Proprietorship
- One Person Company
- Partnership Firm
- LLP
- Association of Persons
- Private Limited Company
For Director/Principal Officer
- Must have Indian citizenship
- Must have attained at least 18 years of age
- Must possess adequate financial resources
- Must not have any convictions against him whatsoever.
For Security Guard
- Must have Indian citizenship.
- Must be an individual between the ages of 18 and 65.
- Must have acquired prior training.
- Must not be terminated from any government service
DOCUMENTS REQUIRED FOR PSARA LICENSE
- The following registration certificates –
- PAN
- GSTIN
- Provident Fund Registration
- ESIC (Employees State Insurance Corporation) Registration
- Registration under Shops and Commercial Establishments Act
- Registration under the Labour Act
- Proof of identity of the directors and the employees
- Copies of the Income Tax Returns of the Directors
- Two passport size photographs of the promoters along with their PANs
- Proof of address of the Agency Office
- Affidavit as under Section 7 (2) of PSARA, 2005
- Security training affidavit
- Certificate of Incorporation
- Signed Memorandum of Understanding (MOU) with the training institute
GOVERNMENT FEES FOR PSARA LICENSE
The government fee for the PSARA License varies on the basis of the agency’s area of operation. Here are the different fee slabs:
- For One District: Rs. 5,000/-
- For Up to Five Districts: Rs. 10,000/-
- For More than Five Districts: Rs. 25,000/-
- For Entire State: Rs. 25,000/-
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