PSARA License is a prerequisite before any person in India starts a private security company. The Private Security Agency is an entity involved in providing security guards and other related services as an alternative to the police at an establishment. The Private Security Agencies Regulation Act, 2005, popularly known as PSARA, governs the operation of the private security agencies.
After the PSARA (act) is enacted, it is compulsory for a security agency to obtain a license from the State Controlling Authority concerned before starting the business and, in the event of non-compliance, the law provides for severe penal consequences. When the state applies to the competent authority for a license to establish a private security agency. The PSARA License is issued to operate in or for the entire State in one or more districts of a particular State.
No individual or private security agency is permitted under the guidelines of this act to run a business of providing security services to other private business establishments, individuals, or property. The government, therefore, acts as a mechanism for licensing these entities, ensuring that they comply with the provisions of the Act.
In addition, obtaining a license under this act serves as proof that the organization complies with all of the PSARA guidelines and runs in accordance with those regulations. In addition, the entity which holds a PSARA Certificate of Registration is more trustworthy in the eyes of its potential customer.
a. Makes the training company strong
b. Draws more customers
c. Don't deny rights and services
d. Helps to gain future consumer trust
e. Boosts business reputation
f. Ensures the organisation's smooth running
Who can apply for PSARA?
b. Partnership firm
d. One person company
e. Private limited company
a. The person shall not be convicted of an offense in connection with the promotion, formation or management of the company (any fraud or misfeasance committed by him in relation to the company), including an undercharged insolvent
b. The person shall not be Convicted by a competent court for an offense, the prescribed punishment for which is imprisonment of not less than two years.
c. Shall not Keep links with organization or association which is banned under any law on account of their activity
d. Shall not be dismissed or removed from govt services on the ground of misconduct or moral turpitude
e. The Private Security Agencies (Regulation) Act, 2005, stipulates that the PSARA License will not be issued unless it is registered in India or has a proprietor or majority shareholder, partner or director who is not an Indian citizen.
Guard eligibility criteria
a. He must be an Indian citizen
b. The person's age limit has to be between 18 and 65
c. In addition, the person must under no circumstances have been terminated from any government serviced
d. The person must also meet all the physical standards prescribed
e. Finally, the person should assure his / her character to the PSARA
STEP 1 Qualifying Papers/documents
The first step to applying for a PSARA license is to collect all required registrations, such as Pan Card, TAN Number, GST, PF, ESI, establishment registration under the Shops & Establishment Act, ITR of each director, and so on.
STEP 2 Signing MOU with a training institute
The applicant to enter into a Memorandum of Understanding with a recognized training institution to train its guards and agents. To this end, each state has acknowledged various security training institutes.
STEP 3 Police Verification
A police verification application is submitted by the applicant in Form -I and, if the applicant is a company, company or any other person association, a separate verification form shall be submitted for each partner or director.
STEP 4 File Application
The request for Psara is filed before PSARA's controlling authority, which will then be processed for verification. After receiving the NOC from the Police authorities concerned, the controlling authority may either grant the License or with a reason reject it.
The cumulative time for completing the PSARA License grant process is approximately 60 days from the date the PSARA application is submitted. It is possible to apply for a License for a district or five districts or a state. For each state the application process is different.
Although the documents vary from state to state, there are common documents that you would need to attach along with the request to get the PSARA license. The records you will have to provide are as follows:
a. Director and employee identity proofs
b. Address evidence from the Agency's office
c. The affidavit obtained under the Regulation Act for Private Security Agencies
d. The Agency logo
e. PAN of Promoter
f. Two promoter photographs
g. Registration information obtained from Company Tax Department
h. Certificate according to the Shops and Establishment Act
i. Registration in ESI
j. PF registration
k. Safety training affidavit
l. Arm license
m. Guard Character certificate
n. ITR of all directors
o. MOA of company
p. Security guards detail
We share the detailed and reasonable estimated costs, documents and prerequisites for the complete process before starting the process to ensure transparency.
Our team warrants hassle free documentation. We collect the necessary documents and share the relevant drafts to ensure a timely filing and delivery.
Upon collecting the necessary documents and information, we waste no time in preparation and filing of your application. development on your application is brought to your attention.
On successful completion of the case we share all the relevant documents electronically and physically along with an assurance to pay you back if something is wrong.
Registration for PF is compulsory for the companies / Organizations who employ 20 or more individuals. Also, a small organization that does not have the maximum Strength can register them voluntarily. The organization which grows to strength of 20 members
All the business which are operating in the market and want to get a legal existence and want avail benefits under MSME scheme can get register themselves under Micro, small and medium enterprise development act 2006 and as per government enacted act Micr
In 2017 parliament if India has passed the Goods and Service Tax act (GST act) and this act came into effect from 1st July 2017. It’s an indirect tax which replaced many other prevailing indirect taxes in India. It is all in one tax which includes a v
Startup means an entity, incorporated and registered in India which fulfils the following: Is any of the following Private Limited Company Public Limited Company Limited Liability Partnership Partnership Firm The annual turnover of the applicant s
RNI stands for the Registrar of Newspapers of India. RNI registration is a mandatory requirement to start a business of newspapers, magazines or journals in India. In India all the publishing industry is governed under the press and books registration act
In India, the real estate sector plays an important role in meeting the housing and infrastructure growth needs and demands. Although this sector has developed rapidly in recent years, it has been largely unregulated, given the absence of professionalism
An autonomous body created by the law under the Ministry of Labour and Employment, Government of India is known as Employee State Insurance Corporation. This scheme is started for Indian workers. The workers get a huge variety of medical, monetary and oth
NSIC stands for National Small Industries Corporation. It is a Govt. of India enterprise with the aim of helping small and micro-entrepreneurs to flourish in business activities. NSIC operates through a countrywide network of offices and aims to promote a
No person shall begin or carry on the export business of any spice, unless it has obtained registration under Spice board for making such export. The Spices Board is the regulatory and export promotion body for Indian spices under the Indian government
Under Ayushman Bharat or National Health Protection Scheme, every qualifying family will receive an annual rs.5 lakh insurance premium Benefits under this scheme are not exclusive to any hospital or branch in question. The patient will benefit from any
The Legal Metrology Directorate is a separate government department of the Ministry of Consumer Affairs, Food and Public Distribution. Legal Metrology is responsible for the standards and regulations relating to measurements and weights of measuring instr
A Free Sale Certificate (“FSC”) is a certificate issued by the national regulatory authority of the exporting country on the basis of national legislation stating that the product is freely available in the country but without any confirmation
MSME udyog aadhar registration has been replaced by Udyam Registration with effect from 1st of July 2020 as per the notification dated 26th of May 2020. The Ministry of Micro small and medium enterprises notified certain criteria for classifying
Pursuant to the amendments in the 1975 Professional Tax Act , a person (natural / legal) registered under the MGST Act is liable to register for Professional Tax Enrollment Certificate (PT-EC) and pay Rs.2500 annually. Furthermore, if the business has any
PSARA License is a prerequisite before any person in India starts a private security company. The Private Security Agency is an entity involved in providing security guards and other related services as an alternate to the police at an establishment. The
Registration and regulation of clinical establishments are provided for in the Clinical Establishments Act. Health facilities throughout the country with a view to prescribing essential care Minimum criteria for special kinds of facilities and services
Pursuant to the 1948 Factory Act, it is compulsory for each factory owner to register their premises with local authorities before starting a business. Factory License acts as an approval document provided by authorities to carry out manufacturing
CorpZo provides services for obtaining an Insurance Broker License in India, regulated by the Insurance Regulatory and Development Authority (IRDA). The website explains the process, categories of insurance brokers, eligibility criteria, prerequisites suc
Explore CorpZo's comprehensive services for obtaining an Insurance Marketing Firm License in India. Navigate the regulatory landscape with our expert guidance, understand the eligibility criteria, and learn how to leverage the potential of IMFs. Start you
Uniquely repurpose strategic core competencies with progressive content. Assertively transition ethical imperatives and collaborative manufactured products.Write About Us
© 2024 Corpzo Ventures Private Limited.