PSARA License
The world we live in at present is one where various individuals are venturing out to commence their own businesses or set up their own establishments. This meteoric rise of small businesses in the commercial space has also led to the need for security and safety.
Businesses that specialise in training and providing security services are called security agencies. Today, there are numerous private security agencies established to cater to the security needs of individuals and businesses alike. In India, all the operations and activities of the various private security agencies come under the watchful eye of the Private Security Agencies (Regulation) Act, 2005 (PSARA).
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