{"id":15303,"date":"2020-10-30T12:54:33","date_gmt":"2020-10-30T07:24:33","guid":{"rendered":"https:\/\/swaritadvisors.com\/learning\/?p=15303"},"modified":"2020-10-30T12:56:14","modified_gmt":"2020-10-30T07:26:14","slug":"concept-and-procedure-to-obtain-psara-license-in-india","status":"publish","type":"post","link":"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/","title":{"rendered":"Concept and Procedure to Obtain PSARA License in India"},"content":{"rendered":"\n<p class=\"has-drop-cap\">In India, the demand for Private\nSecurity Agency Services is continuously increasing at a mounting rate due to\nrising urbanization. Also, the real and apparent risk of terrorism and crime\nmade the belief that safety measures are unsatisfactory. <\/p>\n\n\n\n<p>Moreover, the PSA industry is backed by\nimproved economic setting and building construction activity as well.<\/p>\n\n\n\n<p>In this blog, we will discuss about the\nconcept and process to obtain PSARA License in India.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3a62401ba5d\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3a62401ba5d\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Concept_of_PSARA_License\" title=\"Concept of PSARA License\">Concept of PSARA License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Growth_of_PSARA_License_in_India\" title=\"Growth of PSARA License in India\">Growth of PSARA License in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Eligibility_to_Obtain_PSARA_License_in_India\" title=\"Eligibility to Obtain PSARA License in India\">Eligibility to Obtain PSARA License in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Benefits_of_PSARA_License\" title=\"Benefits of PSARA License\">Benefits of PSARA License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Documents_Required_to_Obtain_PSARA_License_in_India\" title=\"Documents Required to Obtain PSARA License in India\">Documents Required to Obtain PSARA License in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Procedure_to_Obtain_PSARA_License_in_India\" title=\"Procedure to Obtain PSARA License in India\">Procedure to Obtain PSARA License in India<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Arrange_Documents\" title=\"Arrange Documents\">Arrange Documents<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#MOU_with_Training_Institute\" title=\"MOU with Training Institute\">MOU with Training Institute<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Verification_by_Police\" title=\"Verification by Police\">Verification by Police<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Filing_of_Application_Form\" title=\"Filing of Application Form\">Filing of Application Form<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Issuance_of_PSARA_License\" title=\"Issuance of PSARA License\">Issuance of PSARA License<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Fees_to_Obtain_PSARA_License_in_India\" title=\"Fees to Obtain PSARA License in India\">Fees to Obtain PSARA License in India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Validity_of_PSARA_License\" title=\"Validity of PSARA License\">Validity of PSARA License<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/swaritadvisors.com\/learning\/concept-and-procedure-to-obtain-psara-license-in-india\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Concept_of_PSARA_License\"><\/span>Concept of PSARA License<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The term \u201cPSARA License\u201d denotes a prerequisite for <strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/learning\/how-can-i-start-a-security-services-company-in-delhi\/\">starting a private security agency<\/a><\/strong> business in India. Further, the term PSA or Private Security Agency signifies an entity that is involved in the business of offering security services to individuals and business establishments. <\/p>\n\n\n\n<p>The operations and business activities of a PSA are governed and regulated by the provisions of the <strong>Private Security Agencies Regulation Act 2005<\/strong><sup><a href=\"https:\/\/www.mha.gov.in\/sites\/default\/files\/The%20Private%20Security%20Agencies%20%28Regulation%29%20Act%2C%202005.pdf\" class=\"text-primary\"><strong><em>[1]<\/em><\/strong><\/a><\/sup>. The same is popularly known as PSARA.<\/p>\n\n\n\n<p>Moreover, it shall be relevant to state that the scope of PSARA permit is restrictedonly to a single state. That means it does not have a nationwide coverage. Also, the applicants need to obtain <strong><a href=\"https:\/\/swaritadvisors.com\/psara-license\" class=\"text-primary\">PSARA License<\/a><\/strong> from the State Controlling Authority of the respective state.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Growth_of_PSARA_License_in_India\"><\/span>Growth of PSARA License in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per a report published by \u201cFICCI\u201d,\nthe Indian Personal Security Agency industry was anticipated to cross Rs 57000\ncrores (USD 8.8 billion) in the year 2016. Further, the same is likely to touch\nRs 99000 crores (USD 15.2 billion) by the end of 2020, and Rs 1.5 lakh crores\n(USD 23.1 billion) by 2022. <\/p>\n\n\n\n<p>Also, it shall be taken into\nconsideration that the PSA Industry ranks high at the global platform and\nemploys around 8.9 million people every year. Also, the same has the potential\nand capability to employ 3.1 million more by the end of 20221. <\/p>\n\n\n\n<p>Moreover, as per a study and research conducted by \u201cThe Guardian\u201d , the global <strong>Private Security Agency<\/strong><sup><a href=\"https:\/\/psara.gov.in\/\" class=\"text-primary\"><strong><em>[2]<\/em><\/strong><\/a><\/sup> market was at USD 180 billion in the year 2017, and is predicted to be at USD 240 billion by the end of 2020. <\/p>\n\n\n\n<p>However, the Indian Private Security\nIndustry (PSI) is anticipated to grow faster at about 20 percent CAGR (Compound\nAnnual Growth Rate) owing to the fluctuating landscape of the sector in India.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Eligibility_to_Obtain_PSARA_License_in_India\"><\/span>Eligibility to Obtain PSARA License in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The entities that are eligible to obtain\nPSARA License in India are as follows:<\/p>\n\n\n\n<ol><li>Sole Proprietorship<\/li><li>Partnership Firm<\/li><li><strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/private-limited-company-registration\">Private Limited Company<\/a><\/strong><\/li><li>One Person Company<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Benefits_of_PSARA_License\"><\/span>Benefits of PSARA License<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The benefits of obtaining PSARA License are as follows:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Benefits-of-PSARA-License.png\" alt=\"PSARA License benefits\" class=\"wp-image-15311\" width=\"708\" height=\"282\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Benefits-of-PSARA-License.png 1000w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Benefits-of-PSARA-License-300x120.png 300w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Benefits-of-PSARA-License-768x306.png 768w\" sizes=\"(max-width: 708px) 100vw, 708px\" \/><\/figure><\/div>\n\n\n\n<ol><li>Strengthens Training Company<\/li><li>Draws more customers<\/li><li>Avoid Denial of Rights<\/li><li>Helps in Achieving the Client Trust<\/li><li>Boosts Agency\u2019s Credibility<\/li><li>Confirms Efficient and Effective functioning of the Organisation<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Documents_Required_to_Obtain_PSARA_License_in_India\"><\/span>Documents Required to Obtain PSARA License in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The documents required for obtaining\nPSARA License in India are as follows:<\/p>\n\n\n\n<ol><li>ID proofs for all the employees<\/li><li>ID proofs for all the directors<\/li><li>Address proof for the Registered Office of the Agency.<\/li><li>An affidavit acquired under the provisions of PSARA 2005.<\/li><li>Brand Logo of the PSA<\/li><li>PAN Card for all the Promoters.<\/li><li>Two latest passport-sized photographs for all the promoters.<\/li><li>Details concerning registration with the Service tax department.<\/li><li>Certificate issued under the provisions of the Shops Act.<\/li><li>Employee State Insurance (ESI) Registration.<\/li><li>Provident Fund (PF) Registration.<\/li><li>Affidavit for undergoing Security Training.<\/li><li>Armed License<\/li><li>Character Certificate for all the employees.<\/li><li>A copy of <strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/income-tax-return-filing\">Income Tax Return filing<\/a><\/strong> for each director.<\/li><li>A copy of COI (Certificate of Incorporation) for the company.<\/li><li>Duly signed MOA (Memorandum of association) with the training institute.<\/li><li>Details regarding all the Security Guard appointed.<\/li><\/ol>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Procedure_to_Obtain_PSARA_License_in_India\"><\/span>Procedure to Obtain PSARA License in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The steps involved in the procedure to obtain PSARA License in India are as follows:<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Procedure-to-Obtain-PSARA-License-in-India.png\" alt=\"PSARA License Procedure to Obtain\" class=\"wp-image-15310\" width=\"500\" height=\"500\" srcset=\"https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Procedure-to-Obtain-PSARA-License-in-India.png 1000w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Procedure-to-Obtain-PSARA-License-in-India-150x150.png 150w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Procedure-to-Obtain-PSARA-License-in-India-300x300.png 300w, https:\/\/swaritadvisors.com\/learning\/wp-content\/uploads\/2020\/10\/Procedure-to-Obtain-PSARA-License-in-India-768x769.png 768w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Arrange_Documents\"><\/span>Arrange Documents<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>In the first step, the directors of the\napplicant company needs to arrange and gather all the documents mentioned above\nfor starting the process of registration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"MOU_with_Training_Institute\"><\/span>MOU with Training Institute<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>As per the next step, the applicant\ncompany needs to compulsorily enter into a Memorandum of Understanding with the\ninstitute that trains Security Guards.<\/p>\n\n\n\n<p>Also, it shall be taken into\nconsideration that, it is mandatory for the said institute to obtain prior\napproval from the State Controlling Authority. Moreover, these training\nprograms offers special relaxation and flexibility to ex-servicemen.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Verification_by_Police\"><\/span>Verification by Police<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Now, the applicant requires to apply for\nPolice Verification in Form 1. Also, it shall be relevant to note that in case\nthe applicant is a Partnership Firm, then each director needs to file a\nseparate form for verification.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Filing_of_Application_Form\"><\/span>Filing of Application Form<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After the completion of Police\nVerification, the applicant will need to file an application for License with\nthe State Controlling Authority of PSARA. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Issuance_of_PSARA_License\"><\/span>Issuance of PSARA License<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>After the receipt of the application\nform, if the State Controlling Authority is satisfied with the details and\ndocuments submitted, it will issue a PSARA License to the respective applicant.\nAlso, the process of PSARA License takes around 55 to 60 business working days.\n<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Fees_to_Obtain_PSARA_License_in_India\"><\/span>Fees to Obtain PSARA License in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The fees to obtain PSARA License in\nIndia can be summarised as:<\/p>\n\n\n\n<ol><li>Rs 5000 for a Single District<\/li><li>Rs 10000 for 5 Districts<\/li><li>Rs 25000 for a whole State<\/li><\/ol>\n\n\n\n<p>However, it shall be taken into\nconsideration that in Karnataka the fee for obtaining PSARA License for a whole\nstate is Rs 50000.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Validity_of_PSARA_License\"><\/span>Validity of PSARA License<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In India, the PSARA\nlicense is valid for a period of 5 years, starting from the date of the issuance\nof the license. <\/p>\n\n\n\n<p>However, there are some\nstates, such as Uttarakhand, Madhya Pradesh, and Chhattisgarh, which provides\nthe validity of only one year.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In a\nnutshell, we can state that PSARA License is must for starting a Private\nSecurity Agency in India. Further, all the operations of a PSA are managed and\ngoverned by the provisions of the PSARA 2005. <\/p>\n\n\n\n<p>In case of any other doubt or dilemma, reach out to <strong><a class=\"text-primary\" href=\"https:\/\/swaritadvisors.com\/\">Swarit Advisors<\/a><\/strong>.<\/p>\n\n\n\n<p><b>Also, Read:<\/b> <mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/swaritadvisors.com\/learning\/private-security-agencies-guidelines\/\">The Private Security Agencies &#8211; Guidelines under PSARA Act 2005<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In India, the demand for Private Security Agency Services is continuously increasing at a mounting rate due to rising urbanization. Also, the real and apparent risk of terrorism and crime made the belief that safety measures are unsatisfactory. Moreover, the PSA industry is backed by improved economic setting and building construction activity as well. In [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":15326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[291],"tags":[],"_links":{"self":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/15303"}],"collection":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/comments?post=15303"}],"version-history":[{"count":25,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/15303\/revisions"}],"predecessor-version":[{"id":15331,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/posts\/15303\/revisions\/15331"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media\/15326"}],"wp:attachment":[{"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/media?parent=15303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/categories?post=15303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/swaritadvisors.com\/learning\/wp-json\/wp\/v2\/tags?post=15303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}