PSARA License

Overview

The Private Security Agencies (Regulation) Act, 2005 (PSARA) is an Act of the Parliament of India that regulates the functioning of private security agencies in India. The Act was enacted to ensure that private security agencies are properly regulated and provide quality security services.

A PSARA license is required for any person or entity that wants to operate a private security agency in India. The state government issues the license in which the agency will be operating.

Benefits of a PSARA License

There are several benefits to obtaining a PSARA license, including:

• Increased credibility and legitimacy: A PSARA license shows that the agency has met the required standards and is authorised to provide security services.
• Access to government contracts: Many government contracts require that the contractor have a PSARA license.
• Increased business opportunities: A PSARA license can help the agency attract new clients and expand its business.
• Improved security practices: The PSARA Act requires private security agencies to follow certain security practices, such as conducting background checks on employees and providing them with training. This can help improve the agency's and its clients' overall security.

Documents Required for a PSARA License

The following documents are required to apply for a PSARA license:

• Application form
• Proof of identity and address
• PAN card
• GST registration certificate
• ESI and EPF account details
• Shop and establishment registration certificate
• Labour license
• MSME/SME registration
• Certificate of security training from a recognised institute
• Proof of ownership of the premises
• Logo of the agency
• Identity cards for employees
• Associations with controlling authority-nominated bodies
• Associations with hospitals
• Details of all employees
• Arms licenses (if applicable)
• Character verification of employees
• Training certificate for employees

Eligibility Criteria for a PSARA License

• The agency must be owned and controlled by an Indian citizen or an Indian company
• The majority of the shareholders of the company must be Indian citizens
• The agency must have a clean track record and must not have been convicted of any criminal offence
• The agency must have adequate infrastructure and resources to provide security services
• The agency must have a qualified security manager
• The agency must have a security training institute or a training centre approved by the government.

The following are the specific eligibility criteria for the key management personnel of a PSARA-licensed agency:

• The security manager must be a citizen of India and must have a bachelor's degree in security or a related field
• The security manager must have at least 5 years of experience in the security industry
• The security manager must have a valid security training certificate from a recognised institute
• The other key management personnel must be citizens of India and must have at least three years of experience in the security industry.

Why Vakilsearch?

At Vakilsearch, we understand the complexities and intricacies of obtaining and maintaining a Private Security Agency License under the PSARA Act. Our commitment to providing comprehensive legal and regulatory solutions makes us the ideal choice for businesses looking to navigate the regulatory landscape of the private security industry.

Here are some compelling reasons why you should partner with Vakilsearch for your PSARA requirements:

• Expertise in Regulatory Matters: We have a team of experienced legal professionals specialising in regulatory compliance, including PSARA. Our experts are well-versed in the specific requirements and intricacies of obtaining and maintaining a PSARA license.
• Efficient Application Process: Navigating the PSARA licensing process can be complex and time-consuming. Our team can streamline the application process, ensuring that all necessary documents and requirements are met, which can expedite the issuance of your license.
• Comprehensive Guidance: We offer end-to-end support, from initial application to compliance management. Whether applying for a new license or renewing an existing one, we provide tailored guidance and solutions to meet your needs.
• Compliance Assurance: Staying compliant with PSARA regulations is crucial to your security agency's operations. Vakilsearch can assist you in maintaining continuous compliance, reducing the risk of legal issues or penalties.
• Risk Mitigation: Our in-depth understanding of the PSARA Act allows us to identify potential risks and challenges. We work proactively to mitigate these risks, ensuring that your business operates smoothly and within the bounds of the law.
• Transparent and Affordable Pricing: We believe in transparency regarding our services and pricing. You'll know exactly what to expect, making planning your budget for PSARA compliance easier.
• Customer-Centric Approach: Our customer support team is dedicated to providing prompt assistance and addressing your queries or concerns. Your satisfaction and peace of mind are our top priorities

Validity and renewal for PSARA License

The validity of a PSARA license is five years in most states, except Chattisgarh and Uttarakhand, where the validity extends up to 1 year only. To renew the license, a renewal application will have to be filed 45 days before the license's expiry date.

The following documents must accompany the application:

• A copy of the existing license
• A certificate from the police stating that the agency has not been involved in any criminal activity
• A certificate from the fire department stating that the agency's premises are in compliance with fire safety regulations
• A certificate from the labour department stating that the agency is in compliance with labour laws

The licensing authority will process the renewal application, and a decision will be made within 30 days. If the application is approved, the renewed license will be issued.

FAQs on Psara License