Private Security Agency(PSARA) License
P rivate Security Agency uniformed to represent their lawful authority to provides armed and unarmed security services and expertise to private and public clients. Private Security Agency primarily engaged in providing guard and patrol services, such as bodyguard, guard dog, parking security and security guard services,prevention of unauthorized activity or entry, traffic regulation, access control, and fire and theft prevention and detection.
The industry’s most notable growth has been in the past 6-7 years, with a CAGR of over 25 %. The number of companies operational is approximately 15000 including both unorganized and organized. There are over 5 million private security guards available as compared to 3.2 million police officers contributing to one of the major factors in boosting the demand in the industry. Today the industry is perceived to be growing at 40%.
PSARA License is very Mandatory for the Private Security Agency therefore various provisions applicable on it so such PSARA License should be as per provisions of the act otherwise such Non Compliance of these provisions lead to hefty fine, Penalty on the Management of orgnisation.
We, Compliance Hands, a team of more than 50 qualified professionals like CA, CS, Advocates etc, having experience of more than 5 years of handling tasks like this and have completed more than 2000 projects. We ensure all the compliance on time and you can carry on your business without any hiccups.
1. Basic Registration required like- GST, ESI, EPF, PAN, TAN, PT, Shop & Establishment Etc.
2. Police Verification of Applicant- there shall be Police verification of Applicant about his character, conviction verification.
3. Security Guard Criteria-
i. He/She Must Be more than age of 18 years & physically fit
ii. He/she must be an Indian & Must be completed Prescribed Training
iii. He/she is/has been not convicted by any court
4. Private Security Agency need to do MOU with Training Institution for training of Security Personnel.
5. The validity of PASARA license is 5 years and can be further renewed for next 5 years on payment of the prescribed fee.
6. Prescribed Govt. fee for obtaining PASARA license-
- Private security agency operating in one district: Rs.5000/-
- Private security agency operating in one to five districts: Rs.10000/-
- Private security agency operating in entire state: Rs.25000/-
1. PAN & TAN of Company/Firm/LLP.
2. GST Registration Certificate
3. ESI, EPF & Registration of establishment under Shops & Establishment
4. ITR, Aadhar, PAN, Driving License and Voter ID of Directors, Partners, and Individual
5. Detailed armed licenses & Character verification certificate for the employees
6. 5 Photograph in Passport size of Authorized Signatory
7. Dressed Full Photograph
8. Firm’s Logo & Firm’s Profile in Letterhead
9. Affidavit as per PASARA Act & Affidavit of security training
10. MOA & AOA of Company, Partnership deed & Passed Certificate of Board Resolution
11. Registration under the Contractual labor Act
12. Earlier Experience & Zero Criminal Record
13. Training License from Training Institution
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PSARA License
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