PSARA License

PSARA License: The Private Security Agencies (Regulation) Act (PSARA) which is PSARA full form, 2005 regulates operations of the Private Security Agencies in India. This act was enacted to ensure that these security agencies operate within a legal framework and are accountable to a regulatory mechanism.

The eligibility to be a Director/Principal Officer is not one that is open to all. There are specific criteria to be fulfilled in order to be eligible for the same:-

• Must have Indian citizenship.
• Must have attained at least 18 years of age.
• Must possess adequate financial resources to bear the business expenses.
• Must not have any convictions against him whatsoever.

Documents Necessary for Obtaining a 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